@realEstateTrent Thatโs my blind spot right now, as a small real estate investor and broker whoโs so familiar with my market. Hard to feel confident about deals outside of here.
@JohnLoc18 All you have to do to show proof is the history of your robinhood account up until now. Granted you could ask the real Jloc to send you a photo for $50 but I bet he will want to negotiate for more
@AuthorPowell@maniaUFO I was in the middle of this storm, it was on the morning of Wednesday last week at a island called Highbourne Cay off the Bahamas. Completely unpredicted, caught the entire island off guard. Nobody knew it was coming
Real estate development makes more sense when you realize that:
The city employees at the permitting offices get paid every two weeks, despite the number of permits they approve.
Lenders are incentivized to minimize risk, which means they will do very little to understand your deal and be flexible.
Developers are incentivized to move fast and our entire business is navigating these conflicting incentives.