Ongoing construction projects valued between $26 billion and $30 billion fuel employment opportunities.

Is it the inspector?

I own a GC company and have guys with plenty of ground up/new construction experience so I'd save labor and material costs.

The most profitable area of real estate in my opinion is new construction... that way you can literally build sweat equity... at least that is what I am focusing on!

In this approach, the taxpayer calculated that the cost to construct a new building (say, $300 per square foot at 2,000 square feet, totaling $600,000) should be allocated to building and the remaining balance of the acquisition should be allocated to land.Rule of thumb method: Some taxpayers use a predetermined percentage (such as 80/20 percent, 70/30 percent, etc.) for improvements and land.

Thank you, Sean ohio is one of the cheapest new construction markets.

I came from the Construction Management industry and my ego lied to me.

Invest in RelationshipsBuilding strong relationships with lenders, contractors, inspectors, real estate agents, and attorneys can help close deals even in tough times: Real Estate Agents: Experienced agents know how to guide buyers and sellers through complex markets.

Just make sure you have a good team (contractors, inspectors) lined up to help you navigate the renovations.

Also, if anyone has recommendations for reliable contractors or inspectors in the region, I’d love to hear your experiences.