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15 December 2024 | 2 replies
Purchase price: $120,000 Cash invested: $370,000Completed a co-living new construction project in St.
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22 December 2024 | 7 replies
Hey Jonathan,I found contractors through refferals and facebook groups, those contractors were great but they are not experienced in new construction; plus with me being out of state it would be ideal for me to hire a GC, instead of sub hiring ( i dont have time for that being far away),I am switching from rentals and fix and flips due to there's just more profit when doing new construction, and way more deals!
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30 December 2024 | 89 replies
Quote from @Fakaradin Floyd: Hey everyone, I'm a 24 year old Software engineer that's always wanted to get into real estate, I graduated college about a year and a half ago and wanted to hit the ground running when graduated.
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21 December 2024 | 12 replies
And Vystar wanting the land and the construction to perm makes a lot of sense given the terms they're offering.
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25 December 2024 | 12 replies
Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.
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5 January 2025 | 39 replies
Somethings it even more expensive than buying a new construction in a class A neighborhood.The turnkey investments are not always the best option for every investor especially if you are just getting started and low on cash or you don't have reserve/emergency funds to deal with issues like maintenance and vacancies.
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23 January 2025 | 165 replies
Forbid construction in those areas.As for Northern California not building mass transit, it’s very built up.
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21 December 2024 | 10 replies
I have been in construction/rehab/renovation most all of my life so I have that covered.
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2 January 2025 | 37 replies
Outside of my one renovation, I didn't know that much about construction - I've learned a lot in the last 2 years.
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21 December 2024 | 2 replies
**NAHB Contracts**: The National Association of Home Builders (NAHB) offers a variety of detailed and standardized legal templates specifically designed for the residential construction industry2.