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15 September 2024 | 19 replies
I would expect buy-to-lease strategy is suitable strategy for people without "hardcore" backgrounds in interconnection, permit application, system design and project management.
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16 September 2024 | 28 replies
After getting my first property, I was then told "You need to go out there and figure it out yourself" so all of the permits, insurance, etc I was left on my own to figure out.
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11 September 2024 | 8 replies
You can do it without permits for less then 1/3 the cost and buyers will still pay a significant premium for a building with an illegal basement.
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11 September 2024 | 22 replies
Most residential developers specialize in one of three areas: - Entitlements & Permitting (Paper Lots) - Horizontal Development (Finished Lots) - Vertical Development (Finished Homes)Some developers focus on multiple, depending on the market, their risk tolerance, and other factors.Historically, we've focused on entitlements and permitting, with some horizontal development.
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11 September 2024 | 10 replies
You need to account for Permitting Cost, Construction cost, Financing cost, Insurance costs (Builders risk & General liability), Holding costs, Selling costs, and contingencies for cost overruns.Any specific questions don't hesitate to reach out.
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10 September 2024 | 2 replies
I promptly applied for a no-plan mechanical permit online the next day.
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10 September 2024 | 7 replies
Hi BP members, I have a building in San Francisco that is classified as a 2 unit building, in reality it is x3 apartments, the ground floor work was done prior to acquisition and not permitted.
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12 September 2024 | 9 replies
Or figure out how projects are developed and get one "most of the way" (land leased, site planned, permitted, power purchase agreement signed) and then sell the deal to a big developer.My perspective: My W2 for the last 8 years is environmental and development consulting for oil & gas, renewables generation, transmission, and commercial RE development.
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13 September 2024 | 12 replies
Regulations:Given that New Orleans has strict rules for short-term rentals, make sure to fully understand the local zoning laws, STR permits, and licensing requirements for B&Bs.
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11 September 2024 | 1 reply
They got all necessary permits/approvals, etc. and House looks structurally sound and pretty good.