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7 February 2025 | 14 replies
Building a single small unit is the most expensive residential development..Here is a list of why adding a single ADU in dingle family zoned areas in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.
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3 February 2025 | 8 replies
RM-4.5 zoning would allow for a higher unit count and could provide more flexibility for future development, regardless of ADU policy changes.One potential benefit of rezoning before any citywide expansion is that it might allow you to lock in additional density rights ahead of any potential restrictions or revisions the city could impose when expanding the program.
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4 February 2025 | 7 replies
You just need the right plan and the right people in your corner.A little background on me—I’m a real estate broker, investor, and developer out of Rochester, NY.
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23 February 2025 | 84 replies
I will keep you posted on any future developments.”
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27 January 2025 | 18 replies
Originally posted by @Joseph Binkowski:Hey BP Community -I was sitting-in on an investor presentation for a syndication of an attractive 320-unit Class B MF development in a fast-growing market, and then I realized... it was a 506c project for accredited investors only [which I am not.. yet:)]So then I began thinking...How can I possibly get involved?
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1 February 2025 | 11 replies
In my view, this trend is likely to persist and could be a strong demographic tailwind for a long-term investor like yourself.Specifically, Athens, AL—a city about 30 miles west of downtown Huntsville—was the #1 fastest-growing city in the state in 2023, so there’s a lot of growth, development, and opportunity in and around Huntsville proper.If you have the time, do some driving around.
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29 January 2025 | 9 replies
Quote from @Jason Hatfield: @Jaycee Greene they require a non refundable deposit and give 48hrs to see proof of funds I would suggest developing a relationship with an HML/PML that would give you a "guidance line" that would basically be a "pre-approval" for situations like this to present to the buyer/auction company.
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30 January 2025 | 56 replies
The population is officially growing again, and there’s been a lot of investment in infrastructure and development in recent years, which makes it unique compared to some other Midwest markets.One thing to keep in mind, though, is that Detroit is very much a block-by-block city.
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21 January 2025 | 5 replies
They should also have proposed or preliminary site plans approved for the remainder of the development.
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24 February 2025 | 26 replies
That and there's a strong bias to developing condos over apartments.