All Forum Posts by: Nat C.

@Scott Morris

I’m interested. Please send me the details

I have a lender who has low rates for construction loans and leverages the equity based on the land value as the down payment. So as long as there is enough equity in the land, you won't require additional money for the construction. You can PM me if you want me to put you in contact.

Greetings all,

I own an architectural and remodeling company with the headquarters in Daytona Beach. 

After many years living and investing in Miami, I decided to start buying in other areas of Florida. I am always eager to network and meet with other like minded investors. 

@Preston Davie

I think it’s good for any buy and hold investor who is in it for the long haul.

The very southern end of North Charleston in the neck is very rough right now. However looking at the prices and demand once you cross over the border into Charleston County, I can see North Charleston gentrifying in around a decade. There’s already these cute little new construction properties popping up in that area.

Further North there’s the very popular Park Circle and immediately outside of the expensive Park Circle precinct, the prices plummet. I believe that anywhere from the Neck up to Park Circle would be a smart buy for long term investors.

North Charleston currently has one of the highest cap rates anywhere in the US, as well as one of the highest eviction rates. This tells us that it’s a low-socioeconomic demographic and ownership here would require strong property management skills. So I would warn new investors to proceed with caution but it seems like a wise choice for those with plenty of experience.

As for flipping, the best model would be selling on a lease to own option or seller financing. This would assist the low income earners with bad credit who wouldn’t qualify for a conventional loan. If they default on repayments, you would have the ability to foreclose, so it’s a sensible strategy in the current times of eviction suspensions.

You can do a Matterport or use any other 3D imaging system to gather all the property dimensions and details. The file can then be sent to an architect to design plans.

NOTE: First check with Building and Zoning Department that you will be allowed to convert that space to residential apartments. It needs adequate parking space for the potential residents. 

I am looking for an assistant construction project manager in Daytona Beach, FL.

This is a permanent, part-time W2 position with my company, Athena Property Services LLC.

The successful candidate can be a newbie to the industry. The most important qualities are a passion for real estate remodeling, eagerness to learn and attention to detail. You will be provided with instructions, support and spreadsheets to complete.

Some of the core responsibilities include:

• Oversee large building remodeling projects from the beginning to the construction phase, coordinating deadlines to ensure that projects are completed within the proposed time frame.
• Prepare a budget outlining both soft and hard costs. Find solutions to reduce budgets, such as using alternative building materials.
• Supervise the construction workers and ensure they are following the project plan. Give directions and orders where necessary.
• Monitor the security of the property and the building materials and ensure all materials are accounted for.
• Provide the manager with regular reports, photos and updates. Zoom meetings will be conducted weekly to discuss budgets, plans and goals.

The pay rate will be dependent on the candidates relevant experience and agreed contract hours. If you would like to discuss this job opportunity further, or you wish to apply, please message through here or email [email protected]

Athena Property Services offers full-service architectural plans, providing both design and technical drawings from small scale residential projects, to large commercial build-outs.

We charge only $2 per square foot for complete architectural plans, which include electrical, mechanical, elevations, floor layout, lighting, plumbing, and site plan and are stamped by a State Licensed Professional Engineer. This service is available in all 50 states.​

​At Athena Property Services, there are never large upfront costs requested from the client. Our fees are broken down into small progress payments, with the client paying in increments as the drawings are developed and resolved. The final payment is due only after the City Building Department has approved the plans.

We follow a multi-stage process which ensures a functionally superior and aesthetically beautiful building. Our architects and engineers are experts at designing plans for new construction, as well as drawings for remodeling projects. The client is consulted at every stage of the design process, so that the final product is sure to meet the client’s approval.

Athena Property Services constantly strives to conceptualize brilliant, innovative designs. Our objective is to translate the aspirations of the clients into functionally efficient and aesthetically pleasing buildings. We convert the clients dreams into an eloquently crafted design that is ready to build.

See www.athenaproperty.net/archite... for more details.

Perfect advice from Mike McCarthy and he has covered everything I would have said. Most City's require you to obtain a permit for installing a shed and for sure you need a permit for a fence. For the shed, the building code may require it to be anchored to the ground with a cement pad under it.

I would tell the tenant that if they wish to pay for the permits and licensed contractors and sign an agreement that the fence and shed become a permanent part of the property, that you will consent. 

To clarify, you just purchased a property where you inherited the tenants and the tenant has asked the new (you) for permission to build a fence and shed? What county and state is this in?

That is like asking 'How long is a piece of string?"

The area to invest will depend on how much capital you have and what you are looking to gain.

For anywhere in Miami, you will want to have a lot of starting capital.