All Forum Posts by: Dakota Mivshek

Owner of an operating company looking for REI Friendly CPA for a long term fit.

We do business (Brokerage, Flips, rentals) in CO, FL, and Texas.

Also looking for attorney to help streamline our current LLC setup and readiness for JV deals on flips.

Looking for an experienced agent / land broker knowledgeable in glamping build out opportunities in NC, VA, GA. Feel free to DM!

Also would love to hear about where some successful glamping type STRs are located in NC, VA, GA.

Coming from the institutional SFR space, pencils are still down (for the most part). The few areas I've seen some continued activity are institutional funds that are related to foreign LPs (i.e.sovereign wealth funds). Which still makes sense given there are still solid reasons for international investors to place money into USD backed assets.

Taking a step down to small & mid-size investors, has anyone had any luck in targeting foreign high-net worth investors? If so, any tips willing to share. 

Worth poking around "rooms for rent" FB groups across different cities in FL to get a gauge of activity + prices. Also generally a good anchor is ~30% discount to a competing studio in the area. 

If you are trying to gauge how well you can cover your costs in a 3 to 4 bedroom home via house hacking. 

Thanks @Chris Seveney. Did you send to [email protected] (Haven't rec'd one yet)

TL;DR We have two exclusive infill townhome development opportunities in Denver and we are looking for a primary Limited Partner (LP). Depending on the project selected, they have a 12-15 Month timeline with a projected 25%+ IRR to LP in that short timeframe. AND by the way, we are paying a $5-10k referral fee if you help us find the LP. More details below.

We have an offering memorandum we can send your way upon request or please email me at [email protected]

LP Equity (~$900k and $1.4m depending on which of the two deals). Each project is ready to break ground this year - with land fully entitled/permitted and building plans approved

About the Co-GP (Myself, Dakota Mivshek)

Personally, my career has been focused on residential real estate investments. Personally, I’ve worked through just about every rental strategy & explored different asset types. Professionally, I’ve led the acquisition of 350+ homes while deploying ~$250m+ into various markets with Bungalow Living. All the while, I’ve been attending conferences & meeting professionals throughout the industry. One of the main reoccurring observations is that there is a severe shortage of housing supply in this country — by some estimates, we are 3m+ units short of serving demand. Hence, development. Development is an incredible avenue but expertise is necessary to ensure costs are controlled, quality is controlled, and the exit is well planned.

And after evaluating & networking for over a year to find the right partner, we have an exclusive residential development opportunity to share wherein we are partnering with RedT homes in Denver, CO as a Co-GP seeking a primary equity LP.

To confirm, this is St.Paul specific, correct? What regulations exist in Minneapolis? 

Nice find @Luke Trovinger Thank you!

Hi there - does anyone know the unrelated persons occupancy limits in Charlotte,NC? i.e.) can 5 unrelated adults live in a 5-bedroom house? some cities/municipalities do have limits. 

Thanks!

@Joe S.Yes Bungalow operates in San Antonio.