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13 November 2024 | 7 replies
Im a Marine Corps veteran.My wife and I have been running our construction/development/investment business since 2018.
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13 November 2024 | 8 replies
Full construction costs I dont always get relayed to me by the developer, but we were significantly lower than even 1 million on the LS.
15 November 2024 | 14 replies
In my REI the majority of the millionaires were in some kind of construction or brokerage.
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13 November 2024 | 7 replies
What they showed is that the small changes to the property over time did not have anything to do with the second unit the home had and it was always constructed and used as a 2 family.
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15 November 2024 | 8 replies
Just make sure the builder’s risk policy is in place while the property is vacant and under construction to protect your investment.
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14 November 2024 | 6 replies
I’m new to BP and real estate investing, but I’m very passionate about it since I work in multifamily construction.
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13 November 2024 | 1 reply
Hi all,I'm sure some have heard of the properties being built by Clifton Homes:Location: 9440 N Adrian AveThey are a fully vertically integrated operation (prop mgmt, construction, and financing).This is their deal:Cash in: $50K6-8 months later:One time refinance to put a long term mortgage on it at or around 75% which gets your $50k back + 16%.
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14 November 2024 | 7 replies
@Jim Bouchard agreed with everyone just normal wear and tear, it happens. we just leased a brand new construction home and they've had like 4 things we've had to send someone out for (luckily all under warranty), but sometimes that stuff just happens.
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12 November 2024 | 2 replies
@Sandee SampsonA construction attorney would be who to contact but you are going to spend a lot more than $7000 in getting this resolved against a builder.Also let’s say you win, the courts could also say you didn’t pay for a retaining wall which is needed so it’s a betterment to the property so you would still need to pay for the wall and they would be responsible for some soil etc.
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13 November 2024 | 1 reply
Despite the closures, Phoenix's retail sector remains strong, supported by robust demand and limited new construction.