Welcome to the group!

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. 

I'd also like to invite you to join THE MTR Connect, a group I host that meets virtually every Friday from noon - 1:30pm EST.

Quote from @James Jones: Hey BP community,Excited to join this amazing group of investors!

Many coaching programs include group sessions, masterminds, or events where you can connect with other like-minded investors.

I will certainly look into them though, as I'm sure that group still has its benefits.

Curious the groups thoughts 4 years later and the following scenario.A $51k loan at 8.125% with stock holdings that might be volatile next fewer years (big tech & big oil).

Hey everyone,I’m reaching out to the property managers in the group, and I’ll be direct: How do you handle tenants who aren’t paying rent?

I would network in person or in FB groups. 2-3 months to close is crazy.

I think you need to find a good local agent, network with investors(local meet ups, FB groups, etc) and learn more to dial in the gameplan.