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23 January 2025 | 2 replies
We understand that but frankly we are extremly reluctant to ablidge.
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20 February 2025 | 114 replies
Credibility, honesty and alignment of interest are also some valuable criteria when selecting a syndicator.Now that we are more than 1 year after this point.
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25 January 2025 | 14 replies
The rental yield is pretty low compared to its value, and selling now while it’s in great condition could help you avoid the stress of managing it or dealing with wear and tear.
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3 February 2025 | 8 replies
we are still doing deals in commercial but mostly in the retail/med space.
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27 January 2025 | 8 replies
We are looking to open up the wall and then raise the floor and plumb 2 heated and cooled air duct lines to the room.
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9 February 2025 | 8 replies
We are completely 100% transparent and honest.
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19 February 2025 | 57 replies
We are based in Long Island NY but invest in the Mid-West.
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5 February 2025 | 38 replies
And we are just beginning.Norada Capital Management ( Link )30251 Golden Lantern # E-261Laguna Niguel, CA - 92677-5993Professional poker players call it a “tell.”
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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.
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22 January 2025 | 2 replies
The other thing I have done especially if we are approaching winter months is just tell the insurance company that we will have them done in spring.