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20 February 2025 | 11 replies
.- Community Floodplain Management: Flood zone maps are essential for local governments to manage floodplain development and maintain eligibility for NFIP participation.- Risk Awareness: Flood zone designations still help people understand general flood risks in their area.Elevation still matters under Risk Rating 2.0, but its role is handled differently compared to the old system.Under the old system, elevation certificates were often required to calculate insurance rates.
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21 February 2025 | 22 replies
If you are making money flipping, your own project managers, brokerage, etc. you should be able to self fund a few per year also.
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21 February 2025 | 9 replies
I was also considering the REI expo in February so maybe I'll see you there.You're a self-proclaimed novice but I think many other members of the community would agree that you're well on your way given your potential cashflowing rental and equity.You seem to have a strong position which would allow you to keep growing your portfolio in the next few years.I'd recommend diversifying your RE portfolio the same way you're diversifying with other investments (REITs, Stocks, bonds etc.).
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29 January 2025 | 5 replies
I graduated from college in May, and I am currently doing business development (sales) for a property management company while studying for my RE license.
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21 January 2025 | 1 reply
Be skeptical of the developer's claims, as your property's value likely won't see substantial growth until the entire development is completed and sold, which could take several years.
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5 February 2025 | 205 replies
Avg Dom should be less than 20 days- if you look at development in certain areas of cape , there are a good a mount of multi-family coming in .
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24 January 2025 | 7 replies
Curious to know opinions from real estate agents, flippers, developers and anyone in the know regarding what home buyers generally would prefer.
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16 February 2025 | 11 replies
When you've been around for a while, you develop an exit strategy "tool belt" of sorts.
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25 February 2025 | 31 replies
I tried to rent one of these buildings for a developer. it was brand new construction, really well done.One after another is was voucher applicants who had criminal records, you had no idea who was actually going to be living there, some were high out of their mind and/or drunk, average credit score was 500, consistent late payments, eviction records, etc.By some miracle I rented one place out to 2 young girls looking to save some money.
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24 January 2025 | 2 replies
If I were 19, I’d work for a multifamily developer or an big time investor.