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3 February 2025 | 4 replies
This way you are trying to get top dollar for it but are also going to be notifying those who have saved the property every time you drop the price.
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10 February 2025 | 11 replies
If this is what sub2 is, then why are people paying tens of thousands of dollars to learn this process?
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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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10 February 2025 | 3 replies
As an invetsment-friendly agent (based out of Houston, TX), I’ve seen how the right professional will help you analyze cash flow, manage comforatble contractor bids, and even drive for dollars if you want a broader look at potential comps or deals in the neighborhood.
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7 February 2025 | 6 replies
As many of you can probably relate, this book opened my eyes to the power of the dollar, and it got me interested in real-estate.
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5 February 2025 | 38 replies
Who is to say my dollar equals how many equity shares?
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4 February 2025 | 1 reply
The challenge was finding a GC that had good communication and understood ROI for every dollar he charged us.
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19 February 2025 | 3 replies
I was planning to buy a distressed property and build equity in it with repairs/rehab, rather than pay top dollar for a turn key.
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19 February 2025 | 10 replies
I share tons of free tips on my instagram @ericaoohdesigns and you can also check out my Bigger Pockets podcast episode (933: https://www.biggerpockets.com/blog/real-estate-933) where I share my exact "Designing for Dollars" formula.
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17 February 2025 | 10 replies
You will have to pay all the usual expenses associated with buying a property: transfer taxes, government fees, title company/attorney costs, as well as a "hammer fee" which goes to the auction house.In theory yes, you could win something for a few thousand dollars.