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Essentially Flyertalk / Re: The Real Estate Investing Thread

« on: May 02, 2023, 12:34:11 PM »

The red tape can cause projects to be delayed and can make them financially infeasible. The process requires developers to secure at least 87 permits and to pay over $500,000 in fees on average for any residential project. It isn't very pleasant to hear that San Francisco only issued permits for 2,000 homes in 2021, and Seattle issued more than 10,000 permits, even though both cities have similar sizes. I hope my financial planning physicians will help to avoid many financial problems in this sphere. Also, it's very interesting to see how it goes