Results for ‘Development’ category

How do you make money flipping land?

For today’s post, I answered another Quora question: How do you make money flipping land? It’s not a very detailed question, but it raises some interesting issues around price volatility, holdings costs, and regulatory delays. Click here to read the whole answer. Meanwhile: I’m taking the boys up to Yosemite for the holiday weekend. Hope

How to get more affordable housing for free

Further to my last post, here’s a pretty bad idea being proposed to help with the homelessness problem in LA. To lazy to click? Basically, two council-members are proposing a ballot initiative to increase various fees paid by developers to pay for bond which would pay for $1Bn worth of housing for the homeless. Sounds like

A novel explanation for the slowdown in single family home starts

Buried in Paul Krugman’s column today was an interesting fact, of which I was not previously aware: As a result of action/inaction by President Obama, the income tax rate paid by the top 1% of earners is back up to where it was in 1979, before President Reagan took office. Weirdly, upon reading the above,

4424 Burns is done

Yet another renovation project. This one is walking distance to Virgil Village / Sunset Junction. The building is a mix of 3 bed / 2 bath and 1 bed / 1 bath units. The 3/2s, pictured below, are really impressive. I think they’re the best 3 beds we’ve ever done… great ceiling height, great windows, all the

Pro tip: Don’t move the mailbox

When you renovate an apartment building, you may be tempted to move and/or replace the mailbox. Don’t. Why? When you install a new mailbox for an apartment building, it comes unlocked. The USPS needs to install a master lock so that the mail-carrier can access the slots. But, due to budget cuts, the USPS is down to

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