Hopefully you can figure it out up front and get there a little faster than we did!...

Although instead of knowing about roofs and rehab.. land folks need to know about:Zoningwhere is the power  is there internethow deep are the wells or is its an area that water is super toughDoes it perc. and or how expensive are septic systems.Wetlands Etc.Now if you target land with all city services then its just dead simple.. figure out the retail value and buy below it and do your flip..

Perhaps one month In person next on Zoom, I’ll figure something out.

I own a 7-figure rental portfolio here myself. 

Go figure.

You are correct, that this has long been the conventional figure used to estimate cost for buildable sf in NYC. 

But overall, I agree with you that people who can figure out how to purchase, should because they'll pay similar in monthly expenses and get the benefit of owning a place.

For perspective, outside of SF you can easily get a place to rent for 2500 or so, figure another 1500 for day care.

I would also ask about your area specifically about how it is covered.Yeah, that is what I am trying to figure out.

Despite the competitive pricing and the fact that it’s been completely remodeled (new roof, HVAC units, windows, floors, appliances—you name it), it’s still sitting on the market.I’m trying to figure out how to get this property to sell faster while still turning a profit.