Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Devin James Gross Margin Calculation for New Construction
28 January 2025 | 10 replies
Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up. 
Cody Caswell How to Save Thousands on Cabinetry Cost
6 February 2025 | 15 replies
Our goal for the projects we flip and the projects we design for other investors is to figure out how to get the same look at a fraction of the price. 
Josh Buchanan Any reviews of RentRedi?
19 January 2025 | 51 replies
I was using Cozy and it was super simple and easy to navigate.  
Timothy Villa Real Estate Novice
4 February 2025 | 13 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
Kainoa Oneha BiggerPockets mobile App?
31 January 2025 | 9 replies
Put simply, a well-designed mobile app has far higher user engagement than a web only service/site.
George Palacio Advice for a first time home buyer looking to purchase Multi-Family
3 February 2025 | 3 replies
They’ll have a deep understanding of the market and a strong network, which can help you identify the best opportunities.Owning rental property isn’t as simple as it might seem.
David Rutledge SBA loan for small hotel
5 February 2025 | 16 replies
So is this just as simple as showing how much the property makes or do they also look at personal debt to income, credit score, reserves etc as well.
Franklin Marquette Water Meters vs RUBS | LA County
4 February 2025 | 1 reply
I recommend a simple spreadsheet to check your math and it will make it simple to adjust each year.End the complaints.
Michelle Hardy Where do you keep your tenants security deposits?
6 February 2025 | 4 replies
At the end of the lease term, it's a simple as printing that spreadsheet so it shows all itemized deductions from the security deposit.
Jack Phillips Best CRM to use in 2024?
26 January 2025 | 19 replies
I love Pipedrive and it's aesthetics and how simple it is to use.