All Forum Posts by: Kent Nielson

Thanks Jeffery, I appreciate that. Do you happen to have rough numbers for those impact fees and such in semi downtown Vancouver? I'm looking at a vacant lot. Thanks

If anyone has done new construction.  What could I expect to pay in impact fees and to hook to city power/sewer etc? The main question. What have you found the average cost per sq ft to build. Without the cost of land. I did what I thought was a pretty close take-off for a small 3 bed 2 bath with no garage and I got about 40$ per sq ft for just material. If labor is aproximate to material I see a total of 80 sq ft. Does that sound about right? Thanks!

One more question lol. And you better freaking accept my request ha ha! Once someone accepts my request,  where do I find my list of "friends"

How long before you plan on paying it back? I would say if it's short term I would do a HELOC. if its like 20 years I'd do a cash out refinance. The reason being you don't know what variable rate will be in 20 years on the HELOC.

Hi Jeff.  I used to be a contractor. I built homes for a long time with my two brothers. We built some townhomes and custom homes. My older brother was the one in charge, so I was more of an employee and didn't get involved too much in the development side. After I moved away I started my own remodeling business for a while before switching to mortgages. I just can't sit at a desk for too long so I still like to be involved in the building process. So I've been toying with the idea of getting my license here again. I figure if I'm not in the position to invest at least I can help others invest by providing quality craftsmanship.

Yep makes sense MIke, thanks for the input.

Hi Jeff

You know what they say you either win or learn :) I agree totally about the cool factor. It's crazy how you can cross a street and you are no longer cool. Where do you network in Portland, I'd love to meet up.

Oh and Uwe I am looking to connect with as many investors as I can and make myself useful to them. Just a nice mix of spending time finding deals for myself and others. And physically building and remodeling, I miss it. Then when the opportunity comes along originate some loans.

Thanks for the input Uwe. I had a feeling that was the case ha ha.  Although I was under the impression there wasn't state cap gains, just federal. Is that correct? Sounds like I might start networking in Portland as well. Do you do any networking in Vancouver. I've done a little research and haven't found too much. Thanks!

I get the follow, and message button. I'm afraid to click the connect button lol. Thanks!