Tom

I like real estate, golf, buc-ee’s and the Tide.

[Tom @Bigtoedtom]

@The13thBird @monterenrgydink @Exacerbater1 @Bender_82 @lofideepfried @TheRedTony @DJMissMilan What does the Norwood scale have to do with you thinking that apartment is a 75% roi?

you’re not reddit dweebing your way out of this

[Tom @Bigtoedtom]

@DonutOperator @milkinhisbag “We should only sell guns to people who train with them”

“Look at this loser training with his weapon”

They have no consistency

[Tom @Bigtoedtom]

@The13thBird @monterenrgydink @Exacerbater1 @Bender_82 @lofideepfried @TheRedTony @DJMissMilan Oh really? Thats sad because you have the economic literacy of a teenager.

I’d probably research return on investment before you are stuck being a stupid communist your entire life

[Tom @Bigtoedtom]

@The13thBird @monterenrgydink @Exacerbater1 @Bender_82 @lofideepfried @TheRedTony @DJMissMilan Good god it’s hilarious watching teenagers discuss economics and finances.

Principal, interest, insurance, taxes, capex, vacancies are just a couple of expenses that would make this return somewhere around 6%

That’s about what bonds pay rn. Pretty fair market return.

[Tom @Bigtoedtom]

@phreshanie @thedonhu @DJMissMilan I feel the exact same way about farmers and grocery store owners.

If you can’t afford to grow all that produce without selling it to someone you probably can’t afford that farm or business :/

[Tom @Bigtoedtom]

@abrazomack @TannerBuilds I hate to get conspiratorial but it’s interesting DR hortons first 2 developments out here started after the bump up.

[Tom @Bigtoedtom]

@KadyMuhammad1 @GrulkeLamonte @Dems4TrumpVance That is quickly changing sadly!

Due to “land brokers” establishing relationships with national builders acquisition teams

They get their foot in the door with suburb area properties and then feed them rural developments.

I benefit from this but I know it’s a giant issue.

[Tom @Bigtoedtom]

@griddr @marlene4719 You lead Ai to agree with you.

I can post Chat gpt agreeing with me right now and you’ll admit you’re an unemployed dweeb right

[Tom @Bigtoedtom]

@griddr @marlene4719 You think a developer works on an hourly wage

[Tom @Bigtoedtom]

@griddr @marlene4719 Go back to Reddit, you can come back when you find out what a developer is.

[Tom @Bigtoedtom]

@KadyMuhammad1 @GrulkeLamonte @Dems4TrumpVance National builders went from like 8% of homes built in the country a year in 1980 to 45% today.

we’ve over regulated local builders out of existence which has locked up land in “land banks” who only sell to large developers

[Tom @Bigtoedtom]

@KadyMuhammad1 @GrulkeLamonte @Dems4TrumpVance Lightening the load of impact fees however it’s done would be a great start considering all levers are related to housing.

from there we can slowly begin to zone denser again.

We need to roll back business crushing regulations to let local builders thrive

[Tom @Bigtoedtom]

@KadyMuhammad1 @GrulkeLamonte @Dems4TrumpVance There isn’t a problem with stick built homes at all lol.

The problem is with regulation, illegal immigrants and local committees like historic and rent control boards.

[Tom @Bigtoedtom]

@KadyMuhammad1 @GrulkeLamonte @Dems4TrumpVance Your interest in this is admirable but you’re not living in reality.

we have optimized stick build homes, containers are more expensive than a normal home, MFG is trash, Chinese MFG is trash. We tried styrofoam with stucco in the 90s, didn’t work well.

[Tom @Bigtoedtom]

@KadyMuhammad1 @GrulkeLamonte @Dems4TrumpVance Now look into the fact I could fit 2 houses comfortably on .40 acres but I can only fit one.

Why can’t I? Because insurance companies give cities a rating based off fire factors (how dense, how good the fire dept is.)

So my city cannot allow denser building

[Tom @Bigtoedtom]

@KadyMuhammad1 @GrulkeLamonte @Dems4TrumpVance Yes. Yes it does.

as I said earlier my impact and tap fees in 2008 cost me $800

I just built the EXACT same plan (an additional window is the only difference)

And my impact and tap fees were $20800

It only costs $102,000 to build this plan…..

[Tom @Bigtoedtom]

@KadyMuhammad1 @GrulkeLamonte @Dems4TrumpVance Did you understand what I said about impact fees and zoning? That’s quite literally the biggest problem

[Tom @Bigtoedtom]

@griddr @marlene4719 Remind me what your background is that allows you to wrap your oh so intelligent and totally not a unemployed teenage brain around this?