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22 February 2024 | 3 replies
I'm working on projects in florida and ohio. entitled or unentitled is a big difference. we typically look for land in larger tracts in columbus ohio for under 50k per acre. that's mostly rural land that is then entitled through engineering and zoning variances, a huge money maker if you don't do it. entitled land depends on density. lowest I've seen is typically 6 dwelling units per acre and highest I've seen in suburban markets might be 26. i think there is a lot of missing things to answer your questions like how big of projects, but I can give you a very recent lot we featured for investors who build a stacked triplex with us around Orlando and other markets in florida. it was a 43k piece of land on about .3 acres. through planned development you can get a duplex approved it was in poinciana in Osceola county. that's on the small side and it's hard to find land and it wouldn't really increase in value there but that's about 5k or less in fees to get that done. so all in 50k for a 2-3 unit. so 25k a door would be a good price to look at. normally as you buy at scale it gets much cheaper because you are doing all the value and creating something from rural land or wetlands, etc. entitled land typically sells for 11k-13k per door I would say on average in suburban markets on a national average. that is extremely difficult to track but we work with groups in land entitlement all over the country who co -develop with us and we create benchmarks that's more of an internal conservative and we push high density and multifamily to maximize profits on the exit once the project is entitled.
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23 February 2024 | 25 replies
I know a company in the US already did one in Austin, TX:3D-printed Austin house becomes international model"According to Icon, the printer can cut the cost of building a home by 30 to 50 percent compared to the cost of traditional construction."
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22 February 2024 | 2 replies
Set internal timelines on when you will have your drawings done for the new builds, selecting contractors, when you plan on having the project completed.
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20 February 2024 | 4 replies
Hello all, I have an international student as a tenant and I haven't been able to get ahold of him in the past week.
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21 February 2024 | 19 replies
. I'm an intern looking for a company that is an investor.
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19 February 2024 | 12 replies
Just wanted some feedback from any other BP members who are location independent, have worked with co-ops, international RE, or just curious.Thanks, George
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22 February 2024 | 24 replies
Lastly, as an agent you 100% don't need an agent if you are doing an internal buy out in a partnership.
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21 February 2024 | 9 replies
I work with a network of investors both in the US & internationally who invest in Detroit real estate, some new and some who have been in the game for over a decade.
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21 February 2024 | 10 replies
If you sign an agreement with a management company, then no, you will most likely not be able to rent it out on days when the rental company does not have it rented.There are some pros and cons to going with the internal/on-site management company.
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21 February 2024 | 14 replies
I can keep much tighter control on expenses by not getting ripped off by contractors or property managers and was able to negotiate a better, long term lease with a large international tenant because I knew there were literally no other options in my town.