Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

3
Posts
1
Votes
Pedro Rodrigues
1
Votes |
3
Posts

Price of building a 4-plex vs 4 log cabins

Pedro Rodrigues
Posted

Hi everyone this is my first time posting. I'm as new as can be to investing in real estate. I own a duplex in the upstate NY area and I have been pleasently surprised at the cashflow this first year- about $14000 after expenses (short term Airbnb rentals for now). I'm primarily aiming at cashflow at this stage. I'm considering building more units on the land and, quite frankly, am a little disappointed by the construction prices. I've read online that multi family units are cheaper to build but I cannot find a builder that would put the 4-plex here for less than 180k a unit. So I have two questions for you:

1- Am I just hitting the wrong companies and the estimates I'm getting are inflated?

2- What do you think of, instead of a 4-plex, building 3-4 log cabins (2br/1ba) that I could lease 2 and Airbnb the other 2? I can build these for about 100k each.

Any help with these questions or any other advice on how to expand from here would be greatly appreciated.

best regards,

Pedro

Loading replies...