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All Forum Posts by: Adrian Wooten

Adrian Wooten has started 12 posts and replied 39 times.

Post: SFR W/ Guest house now successful STR/MTR on Airbnb!!

Adrian WootenPosted
  • New to Real Estate
  • Snellville, GA
  • Posts 46
  • Votes 13

Do you rent the Main Home and Guesthome separately?

Post: Lending for new construction.

Adrian WootenPosted
  • New to Real Estate
  • Snellville, GA
  • Posts 46
  • Votes 13

Does anyone know of a lender that does financing for new construction if the land is owned by the LLC?

Post: Recommendations of General Contractors in Augusta, GA area?

Adrian WootenPosted
  • New to Real Estate
  • Snellville, GA
  • Posts 46
  • Votes 13

DM me, I know a couple.

Post: Anyone having success with long term rentals with SFH?

Adrian WootenPosted
  • New to Real Estate
  • Snellville, GA
  • Posts 46
  • Votes 13

Hello,

I am mostly looking for multifamily for MTR but they are very hard to find for a good price these days. I waned to ask if there is anyone seeing success with single family homes with low vacancy?

Post: Augusta, GA for midterm or long term rentals?

Adrian WootenPosted
  • New to Real Estate
  • Snellville, GA
  • Posts 46
  • Votes 13

Hello,

I am currently building a duplex to use for MTR in the Augusta area. Augusta is a good market for MTR due to the low price point and the fact that they have a medical center (multiple hospitals in the same area). They also have nationally ranked MED school and is also the cyber security headquarters for the US Gov't. I live in Atlanta but I have quite a few contacts there (contractors, realtors, PM). If you decide to pursue Augusta and need some boots on the ground I can send you some contacts.  

Post: My MTR condo

Adrian WootenPosted
  • New to Real Estate
  • Snellville, GA
  • Posts 46
  • Votes 13

Did you use your Heloc as a down payment or did you pay cash?

Post: A few questions about duplex new construction.

Adrian WootenPosted
  • New to Real Estate
  • Snellville, GA
  • Posts 46
  • Votes 13
Quote from @Kurt West:

IMHO, an architect is your best friend at this stage of the game.


I'm on the hunt for one. Thanks!

Post: A few questions about duplex new construction.

Adrian WootenPosted
  • New to Real Estate
  • Snellville, GA
  • Posts 46
  • Votes 13
Than you for that detailed reply! Some things you explained I didn't even think about. 



Quote from @Tommy Adeoye:

Congratulations on completing your quiet title action and being ready to build! Here are some answers to your questions:

1. Before you begin interviewing builders, there are a few things you can do to prepare:

- Have a clear idea of what you want to build, including the size, layout, and materials you plan to use. This will help you communicate your vision to potential builders and get accurate estimates.

- Get a survey of the land done to ensure that you have accurate property lines and understand any potential limitations or obstacles (such as easements or zoning restrictions) that may affect your building plans.

- Research local building codes and regulations to ensure that your plans comply with all relevant requirements.

2. Estimating the build cost can be tricky, as it will depend on factors such as the size and complexity of the project, the materials used, and the labor costs in your area. One approach is to get multiple quotes from builders and use those to create a budget. You can also consult online resources (such as the Building Cost Estimator from HomeAdvisor) to get a rough idea of average costs in your area. It's important to be as detailed as possible when creating your budget to ensure that you don't run out of funds halfway through the project.

3. Some things to look out for include:

- Hidden costs or unexpected expenses (such as permit fees, utility hookups, or unexpected delays) that can add up quickly.

- The reputation and experience of potential builders - make sure to check references and look at past projects to ensure that the builder has a good track record. 

- Any potential legal issues (such as zoning restrictions or easements) that could affect your building plans.

    Overall, it's important to do your research and plan carefully to ensure a successful build. Good luck with your project!


    Post: Questions about new construction.

    Adrian WootenPosted
    • New to Real Estate
    • Snellville, GA
    • Posts 46
    • Votes 13

    Hello,

    I am currently working on my first new construction project and I have some questions about the process.  I'm currently in the beginning  phase (surveys,site plan,ect) so I wanted to ask at what point do i find out what the value after build is?

    Post: Is it legal to put a dividing wall(s) in a SFH to rent out a portion of it?

    Adrian WootenPosted
    • New to Real Estate
    • Snellville, GA
    • Posts 46
    • Votes 13

    Look up Open House Austin on Youtube,they have coined a term called "Sneaky Duplex". They did something similar multiple times.