All Forum Posts by: Rich P.

 Why would pre fab homes have resistance? Are you referring to the 'look' of the homes looking like mobile home parks? Because you can design whatever house you want. it can look like a $10 million mansion if you want it too, right? The Pre Fab process is just that - a different construction process than having to build in the field. Just wondering...

Hi everyone,

Looking for home builders/developers in the East SF Bay Area, specifically Walnut Creek but anywhere along 680 corridor to share insight on what kind of prices they are spending on lots/land acquisition ($/sf) and what you are currently seeing as your $/sf construction costs for the homes you are building. Say for deals within the last few months or so. 

I have been looking at vacant lots or lots that would need existing residence torn down for new builds but the acquisition costs just seem so high right now (for obvious reasons). 

I am just curios to see if your margins have slimmed down recently due to that direct relationship with the acquisition. If you have experienced the acquisition costs creeping more into your margins, when will you call it quits on that prospective deal you are analyzing, and look at the next one? 

Thank you,

Rich

tag local areas: San Ramon, Lafayette, Dublin, Pleasanton, Daneville, Alamo, sf, bay area

Hi Juan

What is the topic/agenda for the training session/meeting? i.e. Rehab centric/Acquisitions/etc? 

I think I can make it out on Saturday,

Thanks

Rich

First things first. You need to get a SS card and build some credit history. The same way international students do it. You can get a social security number. That will then let you apply for credit cards and you can build some credit. This is the bare minimum you would need going to any kind of conventional lender fyi.