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. 

As with PCS their tax company is highly unresponsive, I filed over a month ago with no response, until I reached out for an update and they then requested more info from me.

I’d also recommend connecting with a realtor experienced in STR investments who knows the local regulations and high-performing areas.

Buying in a high COLA with loss protection is a no-brainer in my book, but only if you expect to relo again.

Most 1031s will start in one location and end in another anyway. 

Today's end of the day job: putting on a new door.

*Location Matters — Neighborhoods that have high demand, quality schools and close proximity to shops and services tend to draw buyers willing to pay a premium for a well-renovated house.

That real-world experience, built on trust and actual deals, was infinitely more valuable than any high-ticket coaching package.

I'm a 26 year old from Long Island hoping to acquire my first rental property by the end of the year.

So if you stick with the one thing and it ends, then you'll be done growing and you become a one hit wonder.