Plain talk on building and development
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Blog: Plain Talk

Plain talk on building and development.

Summer 2015 Small Developer/Builder Boot Camp in Dallas

Some of the very intense Rookie Developers at CNU23 in Dallas. Things are moving fast with the rapidly expanding Small Developer/Builders group.

I have heard from a number of folks via email and phone calls that they would be interested in a hands-on workshop on basic skills needed as a small developer builder. There is an effort percolating to hold a one day workshop for Small Builders in Atlanta the day before the National Town Builders Association (NTBA) Fall Roundtable in October 16-18.

But that's all the way into late October and some are pressing for something much sooner.

I think we can put this together in the Dallas area rather inexpensively. If the folks attending cover their own travel, lodging and meals, we can find a venue at no cost. It could be a very Lean affair.  A meet-up with other folks consider or practicing as Small Developer/Builders. Connect with some mentors, roll up our sleeves and get some skills.

Here's what we are thinking for content:

  • Building for-rent vs. building for sale projects.
  • How to do basic market research.
  • Pro forma basics, sorting out your deal on paper.
  • How to budget for hard and soft costs.
  • Operating expense budgets and the property management basics.
  • Site Selection - evaluating several sites to find the best one to start on.
  • How your financing request looks to your Banker.
  • Navigating the appraisal process.
  • How to pitch a deal to an Investors.
  • Deal Structures; aligning the interests of partners.
  • Pop-up Retail and Street Markets; cultivating tenants (when you have no money).
  • Understanding FHA Loan Programs 203(b) and 203(k) for 4 unit projects.
  • Dealing with construction if you don't have a construction background (and even if you do).
  • Common Sense design strategies and working with Architects and Engineers.
  • Multiple on-ramps, scenarios for how to get started as a developer/builder.
  • A standard 4-plex deal; all residential or small mixed use building.
  • A standard Cottage Court deal.

What other content should we look at covering?

We are thinking folks would arrive in time for food and drink on Friday evening, leave after lunch on Sunday. We are doing this on August 14-16,  Who's in?

We are also looking at what topics should we tackle for a couple of webinars in the near term.  The intent on all of this is to find ways for Small Developer/Builders, (both rookies and more seasoned types) to reduce their learning curve, share lessons learned, pick up new skills, and find people to collaborate with.

What say you?  Post comments here or email me:  janderson@andersonkim.com

The Green Shoots of Common Sense Transportation Planning Popping up in Dallas

In a previous life, following a tour of duty with a large shopping mall developer, I did three years of hard time in the Minnesota DOT.  As you might imagine, I was not a particularly good fit with the organization.  I saw a lot of disconnects between the state agency and local communities, particularly over state roads that had become the local corridors of crap as they ran through towns and cities.  Sorting out transportation investments so that they actually contribute to good places is tough work.  Most DOT's have a lot of momentum going in exactly the wrong direction to help make places worth caring about. There may be a shift in that grim reality taking place in Dallas, Texas.

The following is from an email I received from Monte Anderson, my favorite Lean incremental developer on the South Side of the Dallas Region.

"John,  A few days ago I got this call from a guy asking me to come in and talk about Freeways and development around downtown Dallas.  He told me that folks from Texas Department of Transportation, HNTB Corporation, North Texas Council of Governments, EJES Corporation & Gateway Planning wanted to interview me about these issues.

Needless to say I was shocked because in my entire life no one has ever asked me what I thought about major transportation planning!  And what was more surprising what happened when I actually got in the room with these folks.  As a broker and developer I think I have a reliable BS detector.  I believe they were truly interested in my opinions about downsizing roads, removing freeways, how to build more complete streets, the need for small scale improvements, and for anticipating the impacts of incremental urbanism and entrepreneurial wealth building on the quality of life for people in our region.  The bottom line is, things in Dallas may be changing on a much larger scale that I had thought.  I am still wondering if I dreamed this.   (Attached is the flyer they sent me)."

Dallas CityMap OnePager_Final (1)-1

I think that getting all those players to fly in something resembling a close formation is a tough job.  Anyone who has more insight as to how this is working in Dallas, please post some comments.

How 'bout we build without the damned air conditioner?

hvac I was on a video call with my able partner David Kim this morning.  When the conversation turned to the elaborate requirements of the California Energy Code, he had what I thought was a really great idea. "What if we could build without air conditioning?"

I think that's genius.  There are lots and lots of Architects and Sustainable Design people running around these days.  If we can challenge that brain trust to design buildings that do not require air conditioning, I'm sure they could come up with all kinds of great stuff.