Even if it remains steady at $6,000 per month, you will earn over $2 million in 28 years.

They have near 1 million sqft of manufacturing space between all the facilities now across the US and Canada.The interesting thing with going modular in the multifamily housing sector is that in most cases, we are able to come below in cost over traditional construction and that completion time is much much faster which increases the investors/developers ROI which is huge.

Build cost 2 million ($240 per sqft for a 5400 sqft duplex) (Sale price $650 per sqft)Upon stabilization, the properties market value is projected to be between 4.5 and 5 million.

Where I have had luck and seen many of my clients making it work is on bigger 3/4 units in class A/B areas where ARV goes to 800k-1.1 million, as provides a big enough margin.

I have not gotten drunk on the kool-aid myself, some of it seems a bit optimistic vs realistic in my opinions but we will see, it's surprising what one can do when throw a few dozen million at it. 

Would 5% commission for the first $1 million and 4% for anything above that amount be reasonable?  

The home had over 1.5 million in equity at the time but that was all they would offer.  

If married, that would be a $1.5 million writeoff against your overall gains.  

Hello Bigger Pockets Community,My fiancé and I are beginning our real estate investment journey but we live and work in one of the most expensive markets in the world - even though we are 20 minutes from San Francisco there is not a property in our city listed at under 1 million (yes).So I recently took a trip to Costa Rica for the sole purpose of identifying regions we would like to invest in and ended up finding a fantastic little condo for our starter property.

My wife and I a debt free and own 15 rental properties worth around 1.5 million (net after sale taxes).