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12 November 2024 | 4 replies
Giving the recurring issues with labor quality and scarcity, would you say automation tools like construction 3d printing or other tech are worth exploring?
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11 November 2024 | 2 replies
Hey BP Community,Is the first time I am doing a multifamily ground up construction.
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17 November 2024 | 3 replies
TV developers continue to build new construction, and many folks bought in the market to rent out before retiring in the last 18 months.
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20 November 2024 | 15 replies
My closing costs were non-negotiable with the seller since I bought new construction, but I would highly recommend upping your offer to talk down the closing costs; use leverage to your advantage since you are young.The funding fee can be complicated and I cannot speak on how it works exactly.
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21 November 2024 | 11 replies
Every team, PMs, construction teams just rob foreign investors.
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1 December 2024 | 134 replies
The costs involved in renovating a distressed property to the same standard as constructing a new home on an empty lot may ultimately amount to a similar total investment.
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20 November 2024 | 22 replies
Join off-market Facebook groups and local RE investor FB groups to get more local information about potential off-market properties, and find investor-friendly RE agents who are willing to work with you.I would recommend for a first deal at least to get something closer to home, easier to get back and forth to for your own sanity, ability to check on either construction or tenants, address repair and maintenance issues.
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21 November 2024 | 12 replies
They also have some plans on HipCamp or elsewhere on google for how to construct an outhouse/composting toilet, though we haven't gotten into that quite yet.
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20 November 2024 | 11 replies
I imagine construction noise doesn't garner tons of points with guests.
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18 November 2024 | 0 replies
Market in a MinuteEast Tennessee home sales decreased 7.8% from the previous month, and decreased 1.0% from a year ago.The median sale price was $371,250 — up 9.19% from the previous year.Total housing inventory increased from the previous year – up 38.3% from a year ago.Half of the homes sold were under contract in 20 days or less, up from 11 days a year ago.40.55% of homes sold for the asking price or above, with 18.77% selling for more than the asking price. 8.04% sold for at least $10,000 over asking and 2.88% sold for at least $25,000 over asking price.The sale-to-list price ratio decreased from last month to 97.5% – down from 97.9% a year ago.New construction represented 12.36% of total home salesData Deep Dive: How's the market?