All Forum Posts by: George Lods

 Thanks Robert for sharing that data. 15% is a nice chunk to save! 

 Thanks Evan. Yes I am just going to go forward with submitting to the GC the mfh plans and get a quote and compare that to his already quoted cost to build sfh. I honestly cant see it being more or much more if anything. My main purpose is limited space on this particular parcel. Its a .71 acre lot and based on city code and spacing between buildings I can obviously fit more doors if I went w/ 2 duplex or 2 tri's vs sfh's. Thats my main "why". 

 Thanks Alvin. Yea I have spent many yrs in analysis paralysis looking for that right brrr 70 cents on the dollar etc and just decided to go brand new on my own raw dirt and build a floor plan that I like. At least my cap ex will be minimal for some yrs to come. 

 Thanks my understanding of this situation is everything you are mentioning as your experience. 

@Chris Seveney I see and that makes sense, so they all just bifurcate somewhere at the slab location off of one main drag. Good to know, thank you. 

Generally speaking, other than a fire wall and additional sound proofing, what other costs come into play w/ duplexes or mfh in regards to that joined wall? Anymore than I'm mentioning?

@Chris Seveney the "less" windows are a great point I didn't think of as well. In regards to the utilities being less, even if being metered separately, do you mean it would be less monetarily bc there are less site visits by said utilities installers therefor less charges? Thanks for you input. All the points you are making support my assumptions. 

Hi everyone! I'm finally about to get started and decided to go the "build to rent" route. That said, the GC I am looking to use has told me it would cost me more to build a duplex vs two sfh's (same sqft) r/t firewalls etc when it comes to additional steps for adjoined units. I was thinking it may be closer to a "wash" or, maybe only slightly more only bc w/ a duplex at least we aren't paying for two exterior wall materials for two sfh? I'm asking here for anyone who has knowledge bc my GC has really only built SFH, never any MFH. So I'm wondering if he's just not too familiar. Other than him not having built MFH before, I like everything else about the GC. Any first hand experiences that can be shared would be greatly appreciated. I'm not grossly opposed to SFH if it is much cheaper, but do to the spacing between dwellings per city code I could fit more doors on this plot if building duplex. Thanks in advance for any info you all can provide!

@Frank Greg great points, thanks! 

@Michael Jacobs thanks for confirming my thoughts! 

Hi everyone and Happy New Year! Hoping someone can enlighten me to the right way to handle this. If we use a Heloc from our primary residence to periodically fund capital in an LLC account and then pay that money back to our personal Heloc account is there a right and wrong way to do this? We will have a separate bank account for the LLC. As long as we have good record keeping and some kind of documented agreement is it kosher? Wondering if there is anything special we have to do for tax/IRS purposes? This is a great question for a CPA I know, but despite x attempts for the last 2 wks I can't get booked for a consultation, guessing bc of tax season.

Thanks for any feedback!