All Forum Posts by: Juan Cristales

Check it out! Continuing to move this project forward!

Build 2 Rent,

Juan-

I started building in 2020 and prefer it now over remodeling in many regards. The biggest is that the budget is more "consistent" than in a remodel. 

When repairing an existing home, there always seems to be some sort of a surprise... termites, underground plumbing, lots of wood-rot under the shingles, you name it... 

In new construction, you're able to "better manage" the budget. Albeit, when we building materials started to increase significantly, that complicated things and we had to just keep going.

You will lose MORE if you sell a half-built property, than if you take it to completion. 

What about you?

What's up everyone! Finding deals in today's market can be challenging to say the least. I ACCIDENTALLY stumbled upon new construction and got "stuck" with inventory that would NOT move when rates started to climb. Very stressful time in my life. I have since gone on to build, new, ground up duplexes and I want to share with you guys parts of the process.. Check it out!

Build 2 Rent Duplex Begin

I've always wondered about Section 8. Not sure it's for me but from what you've posted, it really doesn't seem so bad. Thank you for shedding a ton of light on it for me. 

 Thanks so much! I'm excited to be back on this platform!

 Hey Carini! Great questions. We are looking to build for $100/sf. We're building this inside the city limits so we are slowed down just a bit by the city inspections. Which I think is fine and I tell people all the time not to worry about. The lot itself is approximately 6800 sf in size. Since it's in the city, we have water and sewer access. The TOTAL living area of the duplex is 2427 sf (about 1/2 each side) for a 3 bed 2 bath. I spent $15,758 in soft costs and $38,572 for slab, plumbing ground and inspections up to that point. 

 Thank you! Looking forward to contributing!

Thanks Julio! 

What's going on BP?! I'm excited to be back on this platform!

I started here about 10 years ago as a total NEWB and had NO IDEA what I was doing. Found a mentor on this platform and have gone on to do over 200 houses and at most, 60 houses in one year! Nuts! I've acquired rentals along the way and have tried helping others as well. My expertise is in the fix and flip space and now, I'm heavy into ground-up, new construction of DUPLEXES and Build 2 Rent (B2R). Who's with me? Thanks all!

Happy investing!

Juan-

Hey Brent. I live in Willis, TX. I've been at it full-time for several years now. Let's meet up when you come by. Conroe is experiencing some very exciting growth and in my opinion an awesome market to jump into.