All Forum Posts by: Jay Sandefur Jr

@Justin Thorpe

Is right.  @Serena Tillman....you can get a ton of good advice here when you pick something and get super specific. 

Hey all, is this a recurring meet up? I missed the one on the 6th. 

Awesome thanks guys @David_Edwards, I was thinking the same thing as an alternative to retail regarding the ADU.

I actually already own a storage container tiny house that has not been put to use. (I rented one of these out myself once before - 170 sq feet in a backyard for $540/month in 2010...NorCal for ya). I'll report back to the group

Good, I'm not alone :)

@AndyBauman   

Thanks, but this won't be attractive enough for a partner. This will probably have to be my 'proof of concept'.

@RandolphKallenberg not sure what area you are in but I'd love to know if you put wheels in motion at some point. 

I'll keep you posted.

I'd like to learn more about that as well. Sounds like a nice niche.

I have an opportunity to buy a tiny lot in a gentrifying neighborhood. The maximum density is 30 dwelling units per net acre. 

I've never done this before.... But I waited 10 years to get started w/my current investment so I do better just jumping in feet first.

I have one buy & hold property currently and one primary residence both in NorCal. I want to develop this lot into a live/work work apartment w/Retail on the ground. Anyone have any experience with this and could offer anything that I should expect. Or if anyone has any ideas or cool concepts they've run across. Thanks in advance.

If you want full grown trees, usually it would be way more expensive to bring in large trees than to cut existing trees down. I'd stick with a plan that keeps as many old trees as possible. 

Unless you own super valuable city or coastal property; but even in those cases, it might be bank to get permission to destroy the trees. 

Good question. I'm in process of developing a small lot as well. If you own your primary residence, I believe that you can expand your existing homeowners policy or umbrella policy to cover your vacant lot.  A construction loan will require insurance, if you aren't financing the construction, your local credit union or bank can still tell you what they would require. 

I'm looking for the same thing.