DesignBuildGuy (@Design_BuildGuy) header
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I design and build urban micro-communities. Big fan of fewer cooks in the kitchen.

Sunbelt
Joined December 2021
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MY RULE? If you are bidding on a project with more than three bidders, the guy who wins is the guy who makes a mistake.
Our biggest competitor? Inexperienced buyers who outbid us because they think price doesn’t matter since real estate only goes up.
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Find the non-competitive spaces. Work there.
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Real estate is a bunch of broke-ass millionaires.
Most real estate investors are asset rich and cash poor.
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Are you open to seller-financing?
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How long until an enterprising cartoonist creates a #RETwit comic book featuring all the "Guys"?
Called a broker on a listing today and he texted me back 😀
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DesignBuildGuy retweeted
"Local land use restrictions are the primary causes of the country’s housing affordability problem." @ebwhamilton Join Emily Hamilton & me for a live chat about land use & housing reforms that help #BuildBetterCities. xitter.cf/i/spaces/1BdGYyRZMMNGX… (use the link to set a reminder)
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Baseball is like bankruptcy, It happens gradually, and then suddenly.
Real estate is like baseball. Nothing happens for a while, and then everything happens all at once. Happy Opening Day to all the baseball fans out there!
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There's going to be a mass exodus of affordable rental property at 5-yr commercial debt rollover. Currently there's a huge delta between income value & homeowner value. Rates expand the delta. It makes less sense to hold a rental (esp. an affordable one) after a 3x'n interest.
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A lot of folks who had no intention of selling their rental house are going to be forced to in the next 3-4 years.
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The Germans call it "Lebensraum".
The next big upzoning fight will be in Alexandria, let's check in on the local NIMBYs: "How about a population cap?"
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Fn, A. We ran out of trees again. xitter.cf/LumberTrading/status/1…
We need to be building 1.8mm+ SFH / year to come close to meeting demand. I don’t believe we have enough lumber to supply 1.8mm home builds. Not even 1.6, IMO. Unfortunately, we can only complete 1.3mm/ year. We definitely have enough lumber to supply 1.3mm.
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Not "Utopia" Fyre Festival for Development, maybe.
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"Don't Californicate Our State!"
The next NIMBY lawsuit against housing in Austin has dropped. Unbelievable.
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5/1 Texas Donuts buildings are the inevitable result of disallowing incremental development.
Compact development doesn't necessarily mean "high rises." Opening up zoning to allow the next increment of development, like duplexes and townhomes, will benefit communities of all sizes without turning them into urban skylines.
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What do you #retwit folk expect for BTR debt terms, detached+townhomes, 150-200 units?
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A @Pittsburgh lawsuit takes aim at the Affordable Housing Industrial Complex and asserts that Inclusionary Zoning is a 5a "unconsititutional taking". The case has the potential to end up at SCOTUS, and may be the first shot in the long "War on Euclid". sites.law.duq.edu/juris/2022…
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Planners who brag about reducing parking mandates do so with the grace of an abusive husband who seeks credit for beating his wife with less frequency.
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Fixing this requires re-defining "Stakeholder". "Someone with an opinion" is not a Stakeholder. You need 1 of 4 things to be a Stakeholder: Land, Money, Entitlment ability OR Tenancy. If you offer NONE of these, you are "Someone with an opinion".
NYT: “Construction productivity has steadily declined over the last 50 years.” The root cause is simple: 1) Too many “stakeholders” with input into a now-broken public permitting process; 2) Regulatory process & ordinances that have spread cancer-like into every step.
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