2 April 2020 | 5 replies
So, in the name of full transparency, I am a complete novice to real estate development and have learned a massive amount about starting a business, real estate in general and a whole lot more about how cities/counties and government works in the world of zoning and planning.Over the last two years, I've gained some significant traction with several jurisdictions in terms of a tiny house community development and the triumphant return of the "missing middle".
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11 July 2022 | 17 replies
What is the state of the law now regarding multifamily zoned properties.
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2 March 2020 | 2 replies
However, even then, they have enough red tape and limitations to push people towards non qm, portfolio, commercial, etc.
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3 March 2020 | 2 replies
I've been told by the county that the property is zoned for a 2 family, so we are in good shape there, but it will need to be reviewed by the "code" department and would need to be legally converted from an ADU to a duplex in order to be able to rent out both units.
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4 March 2020 | 12 replies
Note: I'm not saying I would cut corners, do shoddy work or skip having work done by professionals, I am simply hoping to avoid government expense and red tape.
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6 March 2020 | 5 replies
Stay in contact with the zoning department and keep them updated on your progress.
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3 March 2020 | 8 replies
Avoiding answering questions is a big red flag.
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3 March 2020 | 1 reply
I doubt very much that the "city" will grant you a zoning permit for a manufactured home....modular, but not manufactured.
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4 March 2020 | 22 replies
Bernie Sanders wants a 25% “house flipping” tax levied against investors who sell a property at a profit within five years of purchase.He also wants a 2 percent “empty homes tax” on the property value of vacant homes in order to discourage real estate investment.From Bernie's Website"When Bernie is president, he will:Create an office within the Department of Housing and Urban Development to coordinate and work with states and municipalities to strengthen rent control and tenant protections, implement fair and inclusive zoning ordinances, streamline review processes and direct funding where these changes are made.This office will convene key leaders, academics, experts, local officials, renters, tenants, and homeowners to create and implement these necessary solutions.Preempt laws that prevent inclusionary zoning for luxury developments.End exclusionary and restrictive zoning ordinances and replace them with zoning that encourages racial, economic, and disability integration that makes housing more affordable.Require that recipients of federal funding from the Department of Transportation and the Department of Housing and Urban Development make these important zoning reforms.Provide funding to states that preempt local exclusionary zoning ordinances to make housing more equitable, accessible and affordable for all.Make federal funding contingent on creating livable communities.Encourage zoning and development that promotes integration and access to public transportation to reduce commuting time, congestion and long car commutes.Prioritize projects that reduce greenhouse gas emissions, create walkable and livable communities, and reduce urban sprawl.Encourage zoning and development designed to expand and maximize the number of units fully accessible to people with disabilities.Place a 25 percent House Flipping tax on speculators who sell a non-owner-occupied property, if sold for more than it was purchased within 5 years of purchase.Impose a 2 percent Empty Homes tax on the property value of vacant, owned homes to bring more units into the market and curb the use of housing as speculative investment.Encourage “circuit breakers” on property taxes to protect homeowners in gentrifying neighborhoods from being priced out of their own homes as their property values rise.READ MORE: https://berniesanders.com/issues/housing-all/From my point of view, anything that impedes or obstructs REI's cash flow is a bad thing.
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8 March 2020 | 5 replies
He finds land, gets it zoned, handles site prep and construction.