
14 October 2024 | 0 replies
Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes 23007 55th Ave W, Mountlake Terrace – 7 townhouses in a walking distance from thelight rail station, in planning stages with the city of Mountlake Terrace, WA

11 October 2024 | 3 replies
Much of my money goes towards buying land and reselling, revenue is slow but I have accumulated enough land as assets now.

14 October 2024 | 19 replies
Many cities have high overhead costs that consume a large portion of generated revenue.

14 October 2024 | 4 replies
I know this is a difficult claim and has been posted before but I haven't seen any posts with the following specifics:Taxpayer (aka TP) is a W-2 employee for real estate company that develops and owns/operates mostly multifamily and some commercial spaces.

15 October 2024 | 8 replies
And we utilize in-fill lots and do our own development.
14 October 2024 | 4 replies
I recently was at BPCON and ran into a developer and they recommened I take a different route.

15 October 2024 | 1 reply
It was a self-storage property in a small town in Central Illinois with a recently underway residential development adjacent to the property, so lot's of upside.

13 October 2024 | 0 replies
., with a diversified economy and a strong job market.Opportunities: Multifamily developments, long-term rental properties, and flipping projects.Houston:Reason: Known for its oil industry, Houston has diversified its economy into technology, healthcare, and manufacturing.Opportunities: Commercial and industrial real estate investments, as well as residential projects.San Antonio:Reason: It's experiencing continuous infrastructure growth and is more affordable compared to Austin and Dallas.Opportunities: Affordable housing and expanding development projects.In Florida:Orlando:Reason: Orlando’s tourism industry continues to drive growth, alongside its rising status as a tech and medical hub.Opportunities: Short-term rental properties, multifamily developments, and new residential construction.Tampa Bay:Reason: Tampa is experiencing a population boom and is considered one of the best places for job growth in Florida.Opportunities: Waterfront properties, new housing developments, and commercial real estate.Miami:Reason: As an international business hub, Miami is attractive to both investors and high-net-worth individuals looking for luxury real estate.Opportunities: High-end residential and commercial properties, luxury condos, and fix & flip projects.Sarasota:Reason: Known for its beaches and quality of life, Sarasota attracts retirees and families, boosting its real estate market.Opportunities: Residential developments, vacation rentals, and waterfront properties.

15 October 2024 | 1 reply
Areas like Windermere and Lake Nona are seeing rapid growth in exclusive developments, offering luxury residences that combine nature and modernity.Palm Beach: This area is an icon of classic luxury.

15 October 2024 | 8 replies
At my work, the developers I see all use large property managers which wouldn't be interested in small projects (and I wouldn't want to work with them anyway given the conflict).