
29 January 2025 | 2 replies
It’s likely the GC will subcontract the concrete work to a specialist while they focus on managing the permitting process and ensuring everything is done to code—especially if there are ADA requirements involved for the ramp.Let me know if you need help navigating the process or any tips for working with contractors.

29 January 2025 | 10 replies
When PE investment groups start using terms like 'sweat equity' on near empty parks I get nervous.

31 January 2025 | 12 replies
You can use tools like spreadsheets or time-tracking apps for convenience.

29 January 2025 | 1 reply
Hi Leo, its been years since I closed on a HUD property but you close on the property as soon as title is ready like any other property.

27 January 2025 | 7 replies
Some brokers (like this one) work with 220+ lenders.

27 January 2025 | 0 replies
Let’s talk about it, because if you’re like me, you want to know what’s really happening in real estate and what it all means for the future.Here’s the good news.

4 February 2025 | 10 replies
Quote from @Devin James: In one of our development projects, the City staff asked us to remove 40 units from our concept plan.This wasn’t requested by the City Commission at a formal hearing, it was the opinion of the staff.Our original concept already proposed fewer units than the current zoning would have allowed.Here’s what erasing 40 units means:- 40 fewer homes for buyers- Over $1M in lost profit for our team- Fewer tax dollars and impact fees that could’ve benefited the City’s infrastructure & servicesWe gotta get betterEveryone wants more affordable housing, but not everyone wants to do what it takes to achieve it we never listen to the recommending bodies. we move for city approvals and work closely. the other thing we do is keep going back to the same groups over and over and over and over every month on the same agenda and make very small reductions like 2% or 4% and that reduces and beats them down eventually they accept what you want. it's just before beating a dead horse. we keep tabling until they give us something we all agree on then we go to vote. in our city in columbus we have to get recommendations but that's our strategy. we used to come out as aggressive as possible. we typically study developments in the area and keep it very similar in terms of density. we have a track record of very controversial projects and litigation and not taking no as an answer. after a year of that haha I can tell you it's not worth it. now we are more relationship based and buying the right kinds of plots of land. if the numbers don't work on the front end don't do the development.

25 January 2025 | 15 replies
My rental looks like 6-7% on paper, and after tax it's like 2%.

27 January 2025 | 2 replies
You will likely need to save up for your next down payment.

3 February 2025 | 3 replies
I would like to share here and get some opinions.