13 November 2024 | 5 replies
I've only done 6 new construction builds ( ADU's ) ranging from 500-1200 but all seperate properties.There are also two other 0.48 acre lots (that were never merged together) adjacent to the current large lot of 3-ish acres to make this a total of 8- 0.48 acre lots when/if these do get reverted to their original size.
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11 November 2024 | 14 replies
I've been working with job titles like construction project manager, who doesn't know a lot about construction but coordinates architects, engineers, GCs etc, the VP of RE management, who also does not know a lot about construction but oversees site selection, lease negotiations, property management, RE accounting who writes my checks and does annual CAM audits, and other jobs like that.
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15 November 2024 | 7 replies
That wall has to be of 2-hour construction.
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13 November 2024 | 3 replies
Hey John, I used be a construction engineer and installed LVP in own house.
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15 November 2024 | 13 replies
Same with a potentional construction lender thye will want to know there is a loan ready to go to take them out when you sell them.
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10 November 2024 | 5 replies
Until Fed begins to cut rates I’ve found alternative lenders in some cases to be competitive with banks on construction debt when considering the totality of factors (rate, leverage, depository relationships and pre- payment penalties).
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22 November 2024 | 92 replies
So by that "rule" you will have a lot to chew on.OR you could scan for well-constructed properties not in a flood zone and have a much smoother time.
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12 November 2024 | 5 replies
Study and read your local lease templateRead, read, read.Watch youtube videos online of some basic building and construction.
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11 November 2024 | 10 replies
Do a working line or construction interest only loan for 18 months.
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15 November 2024 | 17 replies
However, once i hit my goal and preparing to break ground on new construction, having a plan seems to help me better than shooting from the hip.