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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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20 February 2025 | 10 replies
We are a bit flexible on the budget, depending on cash flow/appreciation.
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17 January 2025 | 12 replies
Are there any unique considerations or red flags you look for compared to the traditional rental process?
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11 February 2025 | 13 replies
As tenants, I'm wondering what kind of offer we could present to our landlord to buy the house we are renting.
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31 December 2024 | 14 replies
Too good to be true is also a huge red flag.
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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.
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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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3 February 2025 | 8 replies
we are still doing deals in commercial but mostly in the retail/med space.
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23 January 2025 | 4 replies
We are in the LOI stage..
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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.