Brandon Patrick
Real estate agents in Phoenix
20 January 2025 | 1 reply
Broker fees are also in the 10-20% range not $500 which makes a little bit of a difference.I do it all out here as an agent, lender, and investor so I see every angle.
Leslie L Meneus
Looking To Learn & Link
14 January 2025 | 9 replies
I’m currently targeting properties in the $200K–$500K range, depending on the location and potential cash flow.
Brett Riemensnider
First Time Landlord - Tenant Placement In Minneapolis Area
13 January 2025 | 6 replies
Now IF you have all those bases covered, my tips are: Take GREAT pictures and for the love of all that is holly please no close ups, wide angel pics.
Sakib Khan
Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
I’m a first-timer, so bear with me if I sound a little clueless – I’m still figuring it all out.Here’s the scoop: I’m looking to purchase a long-term rental property within the $300-350k budget range.
Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
English is widely spoken in the Guanacaste region.
Joshua Patterson
Property Manager and Investor
20 January 2025 | 6 replies
And do you have a certain price range in mind and I assume you're good with up to a moderate level of rehab?
Beau Alesi
Looking to buy
25 January 2025 | 7 replies
I think some other numbers to consider are, what can you get for the $700k to $800k range right now?
Beau Wollens
First time fix and flip opportunity in Stamford Connecticut - Total Gut Renovation
29 January 2025 | 13 replies
As you mentioned, that expense range is not super helpful.
Devin James
Gross Margin Calculation for New Construction
28 January 2025 | 10 replies
Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up.
Rennell Goudeau
Ready to start my Real Estate journey
4 January 2025 | 2 replies
If there's anyone else from my neck of the woods, I'm wide open to learning how to navigate this niche.