15 April 2020 | 24 replies
We develop relationships and are happy to spend an hour to get things right, knowing they will be a client for a very long time.
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.
9 March 2020 | 9 replies
Developing a relationship with a banker will go a long way.
15 August 2020 | 19 replies
Basically - all developer impact fees from a local agency (city, county,special district, water corporation) are removed if under 750 square ft
3 March 2020 | 3 replies
I am currently doing the practice analysis on a bunch of properties in the areas of interest and developing my team.
3 March 2020 | 0 replies
Purchase price: $95,000 Cash invested: $1,400,000 Sale price: $2,300,000 Ground-up development of "Class A" SFR Lease to Own portfolio.
7 March 2020 | 46 replies
SFH Flips, BRRR portfolio, Large ground up multifamily development 2.
3 March 2020 | 1 reply
I want to build an eye-catching, modern looking duplex that can easily be converted into a single family home.Assuming I can get approval for a duplex here I'm going to try and buy a few of the older surrounding homes and modernize them in an attempt to increase development interest in this side of the city.
5 March 2020 | 5 replies
I have a lot of ideas about pro-growth policies that the US and other developed nations need to take, but the question here is how we respond.
5 March 2020 | 7 replies
These ADU initiatives were designed by politicians not developers so don't expect their plans to always make the most sense in terms of holding the carrot in front of the real estate investor.