@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
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Tom
8.2K posts
Tom
@Bigtoedtom
I like real estate, golf, buc-ee’s and the Tide.
South Carolina Katılım Temmuz 2022
25 Takip Edilen58 Takipçiler
@Bigtoedtom @monterenrgydink @Exacerbater1 @Bender_82 @lofideepfried @TheRedTony @DJMissMilan I'd research the Norwood scale, chrome dome
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Wait…. So the land lord is getting $29,250 A MONTH?!??!???
greg.@mistergeezy
He and his 14 roommates are paying $1950 a month for 15 rooms in Brooklyn.
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@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
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@milkinhisbag A guy dry firing on his back porch? Y’all are fucking retarded.
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guy recording himself firing empty guns off his home patio still serves schizophrenia the old fashioned way
Ronnie Adkins@RonnieAdkins
My Sunday evening: Reverse searing a steak. Dry firing off my back deck. Camera propped up on a bourbon glass. I’ve been shooting so much bolt action I forgot how much I loved pistol. Back into it soon.
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@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
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@Bigtoedtom @monterenrgydink @Exacerbater1 @Bender_82 @lofideepfried @TheRedTony @DJMissMilan I'm not a teenager grandpa. Go crawl in yoir grave before it gets cold
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@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.
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@monterenrgydink @Exacerbater1 @Bender_82 @lofideepfried @TheRedTony @DJMissMilan I'll admit, I did low ball around 1,500. But the average american only makes about 3-4k a month, before taxes are applied.
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@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 :/
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@thedonhu @DJMissMilan Maybe people should buy homes that they can afford to pay the mortgage on alone? If you need 15 people to pay ur mortgage you can’t afford that property
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@abrazomack @TannerBuilds I hate to get conspiratorial but it’s interesting DR hortons first 2 developments out here started after the bump up.
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@Bigtoedtom @TannerBuilds It’s clear the city doesn’t give two shits about figuring it out. That’s outta hand
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My impact fees in my area I build increased from $4,000 to $7,000. Every single new construction home I build I have to pay $7,000 towards the schools. What do you guys think of these?
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@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.
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@Bigtoedtom @GrulkeLamonte @Dems4TrumpVance I'd also bet that a large % of the homes NOT built by national builders are in rural areas, esp those favored by retirees. The natl builders have cornered the market on the 'burbs, eh?
(Thinking Canyon Lake up 281 from San Antonio)
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As someone who builds specs at every price point, I can tell you that the hardest to make money is with these really small homes. 🏠
Brittney Pronesti@BluprintBlondie
Every builder's favorite topic! Spec homes! They’re smaller, efficient to build, and designed for strong resale. Giving builders the perfect balance between affordability and profit. The secret? A well designed plan that maximizes every square foot while keeping materials and labor costs low. Good design doesn’t just look nice, it pays off. 💰 Would you invest in a spec home project if the numbers made sense? See below a handful of specs that we have done.
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@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
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@Bigtoedtom @marlene4719 I see you conveniently ignored when Grok agreed with everything I said.
x.com/grok/status/19…
Grok@grok
No, mass deportation wouldn't substantially lower housing costs overall. Immigrants comprise about 25% of the construction workforce, so removing millions would spike labor expenses and slow building, exacerbating shortages amid regulatory barriers. While reduced demand from fewer households might temper prices long-term, studies show net upward pressure from enforcement disruptions outweighs that, per economists at Urban Institute and Wharton models. Deregulation, not deportation, fixes the root supply crisis.
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Is the maga cult so fucking stupid that they believe the immigrants, making less than minimum wage, took the homes that should’ve went to them?
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@Bigtoedtom @marlene4719 Your inability to follow basic logic is really something.
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@griddr @marlene4719 Go back to Reddit, you can come back when you find out what a developer is.
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@Bigtoedtom @marlene4719 The "most (self-proclaimed) successful (anonymous) developer" who thinks having a low wage hourly job is some great accomplishment, doesn't understand basic economics, and is afraid of extremely poor foreigners with 3rd grade educations taking his job. Lmao. Ok.
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@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
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@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
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@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.
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@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.
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@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
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@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…..
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@KadyMuhammad1 @GrulkeLamonte @Dems4TrumpVance Did you understand what I said about impact fees and zoning? That’s quite literally the biggest problem
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@Bigtoedtom @GrulkeLamonte @Dems4TrumpVance ...the codes, and even increasing supply massively (which takes years) isn't solving the cost of labor/input cost problems. Frame-built SFH's are still going to be significantly more expensive relative to wage than in 1960.
Anecdote: After we "retired" -- leaving the (next)
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@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?
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@Bigtoedtom @marlene4719 It's not a question of how to build a shoddy house. It's a question of macroeconomics. Which is something you're obviously not capable of wrapping your head around.
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