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All Forum Posts by: Ravi Chandra

Ravi Chandra has started 2 posts and replied 3 times.

Hello BPs, I've spoken to couple of contractors who's quoting as much as price of an already built multi units. I can't go with someone with no name as I don't have bandwidth to spend every day. 

As a developer, how much day-to-day involvement is required with the contractor? Is it even necessary if I go with good, reputed contractor?


Can you suggest any good contractors who specialize in building multi-units in the Philadelphia area?

TIA

Ravi

Thank you Stuart and I really appreciate your detailed response. Looks like the only way to get cost of construction for a comparable property is from the owner or from the builder. 

How does any first timer like me venture into this space without knowing what the cost of project going to be?

Greetings!

I've been a passive investor but venturing into BRRRR zone. I was scanning through permits pulled from county website. There is a cost component. How accurate is this number?

I've narrowed down couple of lots ~1000 sq ft. Interested in building quadplex. If experts can ballpark, how much will it cost to build a quadplex(excluding land cost)?

Appreciate you input. TIA