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15 January 2025 | 6 replies
@Jim Vasica Whatever it is I think it’s worth it.
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17 January 2025 | 7 replies
@Roman Balmakov If you are planning on holding the property long term and have enough reserves to cover even worst case scenarios it could still be worth it.
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30 January 2025 | 6 replies
Would it be worth exploring the possibility of partnering with an investor somehow to help with funding?
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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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13 January 2025 | 2 replies
If you need to, it may be worth it to just create a website - its really not that expensive to get a basic one from fiverr
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29 January 2025 | 10 replies
The big stuff is gone and if anything does come available Mom and Pop know what it is worth.
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19 January 2025 | 9 replies
If you didn’t think $6k was worth it you might find it’s under $5k.
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20 January 2025 | 6 replies
Has anyone had any luck with this and is it worth it?
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18 January 2025 | 1 reply
Here is the scenerio:3-unit investment property worth $2m.
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7 February 2025 | 13 replies
It’s taken me 5 years to get here and it was worth every second of effort, pain, fear, and risk.