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All Forum Posts by: Mace Wescott

Mace Wescott has started 1 posts and replied 5 times.

Post: Obtaining association by-laws

Mace WescottPosted
  • Specialist
  • Stillwater, MN
  • Posts 5
  • Votes 1

What are some strategies you are finding to obtain association by-laws and what are you finding the costs to be?

My thoughts are:  Ask the seller, obtain from the title company or attorney, obtain from the management company, realtor, condo association, or their website if posted.

Thank you!

Mace

Post: Cost to build 4 Plex in Minnesota

Mace WescottPosted
  • Specialist
  • Stillwater, MN
  • Posts 5
  • Votes 1
Originally posted by @John Woodrich:
Originally posted by @Mace Wescott:

In my conversations with builders, I was finding over $150 per sqft outside of the metro area and closer to $200 in the metro area.  It depends on type of materials and finishes.  The main problem is finding the trades people who can do the work.

I would guess these are not rental grade multi-family properties. These rates may work for newer residential but it would depend on the area.  You will need a lot better finishes building a house in Wayzata than you would in Isanti.  

I was using those numbers to get a rough estimate for properties from SFR up to a quad, but yes the $ per sqft should be less as a rental and will vary per location.

Post: Cost to build 4 Plex in Minnesota

Mace WescottPosted
  • Specialist
  • Stillwater, MN
  • Posts 5
  • Votes 1

In my conversations with builders, I was finding over $150 per sqft outside of the metro area and closer to $200 in the metro area.  It depends on type of materials and finishes.  The main problem is finding the trades people who can do the work.

Post: BiggerPockets PRO Suggestions

Mace WescottPosted
  • Specialist
  • Stillwater, MN
  • Posts 5
  • Votes 1

I would love to see a podcast categories drop down like there is for the blog categories.

The Destination Medical Center in Rochester MN has the potential to transform Olmsted County and Minnesota jobs over the next few decades (+35,000 to +45,000 and +25,000 and +30,000 jobs in Southwest MN.)

Below is a link to the Comprehensive Housing Needs Assessment for Olmsted County, Minnesota we produced in February 2014.

http://www.co.olmsted.mn.us/cs/cspublications/Documents/MaxfieldHousingNeedsAssessmentFinal.pdf