Quote from @Victor Yang: Hello all,I am looking to buy an apartment building.

We purchased 133.7 acres January 20th of 2024, we then proceeded to subdivide 4 building lots, ( two 10 acre lots,  and two 2 acre lots)  which included costs associated with septic testing,  survey & subdivision, and property maintenence required to market the building lots.

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k Darnell, did you get your questions answered?

Will you hire a developer or build it yourself?

Quote from @Melissa Vass Scott: Hey everyone, would value your opinions as we are working towards building a real estate portfolio in the US. 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

The idea is to convert a multi-family building into condos; but not in the traditional sense where you separate pre-existing apartments into their own condos; but in a way where you combine the common areas of all of the apartments in that whole building, and turn the individual rooms within those apartments into condos themselves; thus transforming the hallways, kitchens, bathrooms, living rooms, dining rooms, porches, balconies into common areas of the condos. 

I would focus on being an agent and building that business.

Quote from @Richa Wardhan: Hello everyone,For those who call St Augustine home/ investment home , how challenging is the process to build an ADU on your property in St Augustine?

I leveraged my owned land to build my personal home.