6 August 2024 | 2 replies
Is it the city with permitting issues or is it the contractor doing the work, etc?
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6 August 2024 | 5 replies
I've already reached out to 85 Design but looking for more, preferably a company familiar with La Mesa since the city can be especially tough with permits, etc.
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5 August 2024 | 5 replies
If developing, you will need a full team for entitlements and permitting (civil engineer, survey, architect, etc.).
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5 August 2024 | 0 replies
Is there any special permit and/or fee to be a landlord in St.
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8 August 2024 | 22 replies
The reasons to have employees do recreational investing on their own time became clear when Scoutpads went under, leaving about 160 people who’d found real estate investments via the platform, including the dozens of Meta employees, with an estimated $50 million in losses.
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5 August 2024 | 1 reply
Anaheim is a great location if you can get a short term rental permit
8 August 2024 | 23 replies
I'd never buy a development unless I was confident in the valuation and there was data to back the feasibility of the build. having preliminary approval is very different than permit ready where you can put a shovel in the ground day one.
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5 August 2024 | 6 replies
Property is exempt from STR permitting because the jurisdiction considers it to be a commercial lodging establishment.We've been pursuing an SBA 504 loan for it, which was going well until we discovered that the sellers have operated it only part-time the last 12 years -- intentionally blocking 60% of available room-nights because they just weren't up for running it full time in their retirement.
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5 August 2024 | 9 replies
The other 75% of the skills required to be a good developer will have to be learned elsewhere (a good mentor is the best way).These include everything from Zoning/Subdivision/Land Issues to Environmental Issues to Permitting Nuances to Design Issues, plus all the differences in financial analysis.
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4 August 2024 | 1 reply
I am considering $300 night rate with 60% occupancy which translates to $65k revenue per year from each A-frameAfter considering expenses $50k for each A-frame or $100k for 2 frames.I have some questions about this strategy:Did you try to get STR permit/construction permits in this area?