All Forum Posts by: Colton T.

What area are you looking to do this in or are you looking to move anywhere to do this? 

I know. You're like, why pay too much for either...?

If you had to buy some properties in a short time frame and not every one of them was going to be a great deal (let's say you were convinced RE was the best inflation hedge and wanted to park "x" amount of cash), would you rather spend too much on Residential/MF or Commercial NNN properties?

Barry,

For unzoned land, what steps do you take to determine the potential future entitlements and best use?  Any specific resources you use, outside of talking with brokers / city planning?

If you have experience in financing, investing in, or constructing assisted living facilities, how's the outlook and what are some arguments that it will be a strong sector in the coming years?

In addition, how big of a facility is desirable for the average facility moving forward? (How many residents at max capacity?)

I haven't structured a lease-to-own deal before and have a couple of properties we've fixed up and want to sell this way, vs. listing as regular sales. I want the deals to be fair but desirable for the sellers/landlords as well. What are some good ways to structure a fair deal for the buyers with a good return for the holders? Current term types?

Thanks for your ideas in advance!

I'm considered buying a Morton package to build on an acre of land in the country. Any experience with something like this?  It's not a manufactured home, but they basically build a shell on slab using standard materials and you finish out the interior walls / decor yourself. 

If I was to create a fairly small subdivision (say 25-30 townhouses) on a piece of land in the city limits,is an HOA required for the builder in most cases? City by city basis?

Also, what are some of the biggest concerns about why TO or NOT TO set one up?

Hi, I'm looking for some advice on how to structure a new build apartment deal.

Total Development Cost - $13,000,000

Equity Required - $2,600,000 (20%)

My Investment - $1,100,000

Partner Investment - $1,500,000

I've provided the deal. Meaning, i've secured the land, created the entity, created the plan / product, entitled the property, and have the development team in place. It's a ready-to-go package for the investment partner, who will be entirely passive. 

What is a fair pref/promote structure for this project that would allow a solid / steady return at market rate or better and give me a larger upside? 

Thanks for your help. 

@Michael Le @Greg Dickerson Thanks. I've responded to you in a message.

I've designed a new build apartment project with plans to do HUD 221D4 financing. I'm curious to see if another developer / investor has experienced the different sides of working through a deal with HUD vs Conventional financing. How would you compare your cash flow / resale challenges / bottom line between the two?

Are the benefits of a 221d4's smaller down payment, fix 35 yr assumable and being non-recourse worth it? Or better to pony up the dough and skip the extra red tape / oversight?