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All Forum Posts by: Thomas Sbahtu

Thomas Sbahtu has started 2 posts and replied 5 times.

Hi Bryant, Thank you for your brilliant suggestion. I appreciate your insight and will consider looking for civil engineers who might offer surveying services or could refer me to a suitable surveyor for my project. Either way, they will have an input.

 I am seeking a reasonably priced land surveyor for a lot under 3,000 square feet. My search results so far firms that handle large scale projects, often accompanied by multiple page quotes and extensive proposals. Given the modest size of my lot, I believe an ordinary surveyor would be more appropriate surveying for planning approval. Any recommendations for a surveyor who specializes in smaller projects would be greatly appreciated

I recently purchased a 2500 sq ft lot on level ground, situated between two existing houses. As a civil engineer with expertise in road design, I am now looking to shift my focus to land development. Based on my calculations and preliminary research, I have found that the Bay Area offers good returns from developing land, although acquiring level land and obtaining permits can be challenging.

I have a few questions:

  1. 1) Is it recommended to purchase a complete house plan from online sources like ePlans or similar websites and then customize the architectural design before submitting it to the municipality?
  2. 2) I am trying to minimize expenses and explore the possibility of securing a construction loan. What would you recommend as the most cost-effective approach to obtaining all the necessary elements for a building permit?

Your insights and recommendations would be greatly appreciated.

Thank you,

Post: buying out of state

Thomas SbahtuPosted
  • Posts 5
  • Votes 2

Yes, You can!! What you need is A team that supports your goal. First, select an agent who is familiar with your intention of investing either fix & flip or hold and knows the area well, many agents know only to fill papers. Second, a contractor who has a current license and is insured, and has a good name perhaps contractors are a major factor for OOI. They may delay your project or low quality work. If you are planning to follow the BRRRR strategy it is a smart move to contact a property manager to know what the rent would be after repair to make realistic calculations. Moreover, study the area, economic growth, population increase, etc...

If the property has no cash flow it is difficult to maintain the momentum of BRRRR. Basically, if you have good saving you better search great markets with rent/P.Price is great (about >1% of the purchase price). saying "My Market" would not be fruitful as the opportunity for BRRRR is dynamic.