Christian Haley
1.8K posts

Christian Haley
@ChristianHaley_
Kansas City Realtor┃Twin Dad┃Business Owner
USA Katılım Mart 2021
3.1K Takip Edilen1.3K Takipçiler

REPEAT AFTER ME
Recommended by ChatGPT is 69x easier than Google (srs)
In my testing: 2 weeks to get indexed. 1 more week to start ranking
Hate the tactics all you want
Do they work?
Does it make money?
This is GEOs golden era. You'll need to explain to your kids that you were sidelined because you didn't like some Asian guy on X who dryscoops creatine
Comment "LLM" + like this post and I'll DM you the method (must be following).

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@chris_stritzel Reminds me of Minecraft
I like it though
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@TheNolanGore I’ve been chasing a Realtor for $175 since last November
He’s now on $30 payments twice a month
And I still have to constsntly be on top of them to make sure it comes through
More about principle than anything for me
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@follard And he writes a killer weekly newsletter sharing everything
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Sometimes the most simple thesis / strategy in real estate not only creates outsized returns, but significantly derisks potential downside.
A developer friend of mine (who is active on this app) builds luxury housing in New Jersey in a top school district for families that value status, education, and convenient access to NYC.
Simple and amazing. And it's working!
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@2024dion Peeked through the windows always wondered what it was like on the inside
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@follard @GeorgeWTrumpWon Buyer pool is much larger as well using the rental income to qualify for a low entry fee with rental income from the start!
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While duplexes are generally not as pretty or optically desirable as a single family home, my preference is to build a duplex almost every single time. This is a detailed breakdown of why this is the case:
First, land is the scarcest input in residential real estate. Lumber, labor, and other materials scale with the building. When you build a single family home, one household absorbs the entire cost of the land. Building a duplex generally puts a premium of the cost of land that each household can absorb. Using the same dirt, you can almost double your revenue as a developer.
Next, many of the expensive parts of residential development are site costs / horizontal costs, not vertical costs. These costs (like permits, utilities, and impact fees) are more cost efficient for the developer when absorbed by two households vs. one.
Third, finance bros like to talk about synergies and there are certainly some synergies and cost savings to be had when building a duplex or multiple structures side by side. We often build duplexes side by side and can better negotiate with subs for discounts given the sub doesn't have to pack up and drive two hours across a market like Houston to get to their next job.
Stay with me finance bros, because financing on duplexes has generally been easier than for single family homes. Debt capital cares about risk per dollar deployed. Two units reduces risk because if one unit takes longer to sell (assuming you sell each side separately), more than half the risk can be taken off the table when the first side sells.
Next, exit optionality improves. With a single family home, there is typically one exit path. With a duplex, you can sell both units together, sell individually (in many states), sell to an investor as a rental asset, or refinance it and hold (house hacking ain't bad either).
Finally, duplexes provide a development advantage because the density aligns with modern housing needs. They increase density, maintain neighborhood scale, and avoid the political resistance of larger multifamily projects (think apartments).
We have been more successful investing in and developing duplexes than we have single family homes for these reasons.
We also love lending against duplex development as the loan size is typically larger with less risk.
This thesis has me thinking one thing when looking at infill lots:
"How many households can this lot support?"
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@ChrandLord Multifamily your main target or do you call SFH?
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@rockymtnhighUT @trentjhughes We usually go to Summit County - maybe we continue? Newborn twins at home making the trip with us.
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@ChristianHaley_ @trentjhughes It was the hard drugs that were disturbing
MJ is everywhere!
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@rockymtnhighUT @trentjhughes Strictly Mary Jane or everything under the sun?
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