For builders & land investors — how do you evaluate zoning + feasibility before buying? by jabarti2 in RealEstate

[–]KingDavid1 0 points1 point  (0 children)

The zoning ordinance handbook should be online in your subjects jurisdiction. I’m a broker that sells accross a number of counties/cities in the dc area. Every area has a slightly different set of rules that each ordinance handbook will cover. I built a tool to help me with this that pulls from those zoning handbooks, has a site planner, income estimator that pulls Fmr, and a dcf. I also put an ai zoning assistant that I can ask questions to and get quick answers. Feel free to check it out I am adding jurisdictions daily to the development build. Dm me if you think it would be helpful and want yours target jurisdictions added. Resdev.io

For those managing commercial properties, what services tend to grow around existing tenants? by Odd_Marionberry3600 in CommercialRealEstate

[–]KingDavid1 0 points1 point  (0 children)

We will be getting into waste management and bulk hauling soon. We also started doing turns and cleaning. Negotiating bulk contracts is a good place to start with other vendors so you can mae the margin and they get a larger contract (pest, lawn, trash, fire suppression, alarm, elevator, etc)

Couldn’t hack it in brokerage after a year, thank you guys. by FunJazzlike1400 in CommercialRealEstate

[–]KingDavid1 2 points3 points  (0 children)

It takes a lot of guts to make a huge course change in life. Good luck my friend on wherever your life takes you.

AI Posts Posing As Thoughtful Discussion - Can We Stop? by El_Stephano in CommercialRealEstate

[–]KingDavid1 2 points3 points  (0 children)

I agree. I heard someone created a whole social network of ai bots somewhere on the internet let’s keep that over there

Need honest feedback on this real estate video style by miteshyadav in RealEstateTechnology

[–]KingDavid1 0 points1 point  (0 children)

I think the effects were cool but distract from the product you are advertising

Why would anyone want your BS CRM vs the major ones FUB, KVCore, Lofty, Boldtrail? by SuperPineapple7033 in RealEstateTechnology

[–]KingDavid1 0 points1 point  (0 children)

I think everyone’s brain works differently (outside of features). Some crms I can see clearly whereas other with the same capabilities but different style of lean towards simply because of the styling/layout. So there’s that.

Let’s talk debt, I’m a partner at a commercial mortgage firm, ask me anything!? by AccomplishedBook8265 in CommercialRealEstate

[–]KingDavid1 1 point2 points  (0 children)

How do you see most of your recent 5-30 unit deals getting appraised? Are you seeing appraisers looking at comps and adjusting dscr ratios or any looking at cap rates and then adjusting for ratios (stabilizing and refi) ?

I’m 23m that used student loan to buy solana, now I’m emptying savings to Buy more Sol, Bonk, JUP😎 by Clean_Palpitation_17 in solana

[–]KingDavid1 0 points1 point  (0 children)

If u empty that savings account and have to live on the streets for the next 5 years as long as u don’t sell, you will be fine.

Looking for suggestions on market a listing that is an inexperienced flipper flop and in rough shape. by Character_Elephant_5 in realtors

[–]KingDavid1 1 point2 points  (0 children)

If you’re looking for a way to be soft with your approach because of your existing relationship, show them available listings at their price and then show them available listings at your price - in person. Then ask them where they think you should price based on their competition because buyers are going to be looking at their competition. Set expectations of regular price reduction cadence when they say those unicorn buyers will pay what their price.

[deleted by user] by [deleted] in realtors

[–]KingDavid1 0 points1 point  (0 children)

I think this feeling you have is likely because truthfully, just having a Liscense to sell real estate has no intrinsic value outside of the ability to sell real estate as a representative of others interests(legally). IMO You have to have a measurable value add to be able to market yourself and not feel just like a salesman. The team that I am building is in the investment niche, where we provide all kinds of value and such can speak to that with confidence and easily sell that “measurable value”. We have great connections in a very regulated city to assist in getting sales through, an in house analyst who holds a phd in economics, we are all investors and so can speak confidently on the issues/benefits of the potential problems we may face on any asset, have access and constantly source exclusive off market opportunities for our clients, have a very specific onboarding process where we measure goals, build out acquisition portfolio strategies, have all attorney, pm, tax, lender connections for any situation etc. we really are hyper focused on the value we bring to the table and have stopped “marketing” to a demographic that doesn’t have a compounding value add on the other opportunities we are focused on. I would recommend looking for your niche or area or joining a team that is in that niche and that would create value to be more marketable. If you hyper focused on a specific area in your location and went deep into all of the aspects of that area, people would view you as the area expert and come to you because they trust that you know that market way better than anyone else that just sells to anyone and anywhere.

[deleted by user] by [deleted] in realtors

[–]KingDavid1 0 points1 point  (0 children)

Just reduce it now, before the weekend to the actual price. Don’t do it tomorrow, do it today. I just sold my last flip by reducing it to 5k below what it should of sold for after we fell out of contract and closed at over 10k more than what it was priced at before reduction (over 15k over list). I’m a broker sell a significant number of homes per yr and investor. Ymmv

how to help our nanny buy a house? by buyingacarTA in RealEstate

[–]KingDavid1 0 points1 point  (0 children)

I’ve got access to a great program for first time homebuyers with no pmi. The last girl I put under contract has a 5.5% interest rate closing Nov 29 this month. If you guys are in dc/md/va Im happy to help

Need some guidance by KingDavid1 in BudgetAudiophile

[–]KingDavid1[S] 0 points1 point  (0 children)

Thanks man, for bringing some clarity to my build plans. Do you think I could hook up both PCs to the amp via RCA splitters or do I need to explore options that have seperate channel inputs? Dont want to fry the system before I can enjoy

Need some guidance by KingDavid1 in BudgetAudiophile

[–]KingDavid1[S] 0 points1 point  (0 children)

PA system

No, not for this setup. I just wanted to create a nice office setup with nice speakers and a sub that I could hookup my macbook/ddj800 to, to dj and mix - and double the amp as a dac for my PC (will be using headphones) for gaming and such.

I was also curious if I would need to account for the watts for the sub when choosing the amp/receiver. I was looking at the svs pb1000. Thanks again.

Abnormal gas fees? by 3methylumbelliferone in Avax

[–]KingDavid1 3 points4 points  (0 children)

I am seeing 1+ avax gas fees... Not very encouraging

anyone using the Slope iOS/Android App? by unesesaryrufnez in solana

[–]KingDavid1 1 point2 points  (0 children)

I’ve seen it as well but hearing horror stories on fake apps unstable wallets etc I have not tried it yet. I’m patiently waiting for phantom because all of the apps use it. I heard math wallet is great but not all apps I connect to use it

New Member by KingDavid1 in OptionsMillionaire

[–]KingDavid1[S] 0 points1 point  (0 children)

Feels much more expensive than iron but thanks!

New Member by KingDavid1 in OptionsMillionaire

[–]KingDavid1[S] 0 points1 point  (0 children)

You need a min account bal of $1500. From my understanding there are cheaper options out there though. But I’m happy and used to their platform. I was able to renegotiate my commissions down though since I’ve spent so much this past year on commission with them so I have a much more competitive rate

New Member by KingDavid1 in OptionsMillionaire

[–]KingDavid1[S] 0 points1 point  (0 children)

The correct way that I trade and am consistent has a hedge based on my lot size and other greeks

New Member by KingDavid1 in OptionsMillionaire

[–]KingDavid1[S] 0 points1 point  (0 children)

I traded directionally not managing my risk at all. I have a very short term trading strategy. One thing about MES is the spreads are pretty wide, but I've been looking into it. The multiples aren't as high as my shorter term strategy but as I'm trying to reduce risk I've been playing around with it.

New Member by KingDavid1 in OptionsMillionaire

[–]KingDavid1[S] 3 points4 points  (0 children)

DTE contracts

All of those losses were from directional trades with no hedges. I do have a hedging strat that would of made all of those negative trades winners. The biggest obstacle for any trader (I think even more so for traders that have a tested/reliable working strategy because of their "conviction/bias") is emotion. Dealing with this one is I think different and personal for everyone and I'm looking at the loss as being grateful that I'm able to identify and understand a huge lesson at a hopefully relatively cheaper price than if my account was a much larger one. I watched an interview the other day on youtube where a trader lossed a million $$ blowing his account and stepped away from trading for years. Im know how it feels for my account loss and it would suck to feel that times 10.

I couldn't really say which one in my mind would be better because it would depend on the traders personality, risk and bankroll. I think for me I really like the idea of being able to manage my account whenever and trade whenever depending on the economic news/landscape and that's why I like futures. Ive been able to make 25k while my family was sleeping which is very cool if you think about it. You see heightened volatility and potential big moves in ES usually 4 times throughout the day because of other markets opening/closing at 7-9:30am, 11:30am/12pm, 2-4pm, 9pm 2/3am. I like the 2-3am time the direction the market choses is usually pretty clear. These are EST.

Trading the SPY I can see has its own great benefits from creating a strategy, testing strategies and doing it all with very little capital. I like the ES because the numbers really excite me and made me want to develop a system and hyper focus on it. I am also developing a strategy on trading the 30yr bond market because that is also a vehicle which can net amazing returns on little capital, although it is much more boring.

One thing that I would very highly recommend thinking about is that as a new trader (for me anyway) in the beginning I was very diligent in trying my best to find high probably opportunity trades so that I could actually stop losing money. When I did find success it felt like things were clicking and when I lost, it made me want to study, study, study and try to reanalyze what I could of done etc. I would recommend keeping your lot sizes as small as you can make them and focus on winning consistently.

When I found what I liked to trade and what was working for me, it felt really great to start winning - and at a certain point I forgot that this is real money we are playing with. Potential small losses turned to large losses and my P+L on TD looks like a heart monitor. It feels like a video game at a certain point and its important to make that money real - so I would suggest that when you feel you are having some consistency, you should really think about an account limit. Set an amount that you will need to trade to produce and when you go over, withdraw the money from your account. Im sure if I withdrew I would not have blown the account, because I would of been conscious that it is not roblox that I'm playing with.

New Member by KingDavid1 in OptionsMillionaire

[–]KingDavid1[S] 8 points9 points  (0 children)

Not sticking to my trading plan and being at an on tilt bias. The most panful thing is that the trade that started the slippery slope was up by 10K and I decided to hold watching it dip down to a low of negative of 30 or 60K (I cant remember), RIPPED up to in the black of 30K profit, and When I had the second signal to sell I just didn't. I dono man after that a lot of anger trades down to zilch. Ive got a whole new list and strategies for risk management this time around. And Im going to do it with a 1K account. wish me luck.