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23 January 2025 | 2 replies
It showed me the significance of developing systems and processes that propelled my different ventures.Another book that struck a chord is Can't Hurt Meby David Goggins.
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23 January 2025 | 5 replies
But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.
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22 January 2025 | 1 reply
Key Details of the 45L Tax Credit:The credit offers up to $2,000 per eligible unit for builders and developers of residential homes that meet specific energy efficiency criteria.To qualify, the units need to meet or exceed certain energy performance levels in comparison to the national model energy code (e.g., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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24 January 2025 | 21 replies
It's important to stay informed about developments in the areas you're considering, as well as any potential changes in regulations or economic conditions.
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25 February 2025 | 23 replies
Thanksgiving is already booked and the development will look different by then.2.
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28 January 2025 | 14 replies
You develop relationships with a handle of people that are creating notes and you help them recapitalize, it is like a conveyor belt of deals coming to you. Â
8 February 2025 | 89 replies
Happened to me many years ago on a Townhouse development I was the Broker for in the 80s..
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23 January 2025 | 8 replies
With the above said then develop a scaling model. Â
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22 January 2025 | 2 replies
However, that being said, it's just as important to make your flips and developments stand out from the crowd!
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14 January 2025 | 1 reply
we need our own forum for this concept. I'd argue that there are very select zip codes where this strategy works. You need to find a zip code where land values are 10% of less of after built value. You have to find a ...