If a new construction house costs 300k but a preexisting home costs 275k, that premium might be worth doing.

Do you have experience in construction and know contractors to run jobs?

Best, Tone  No worries, If you are ever looking at the Austin area, right now, I have new construction that will get you $397 a month in cash flow and a 9% COC return at just 20% down on a 210k purchase. 

You can probably get a construction loan to build on it, but just to buy without an immediate building plan on just to speculate that land prices will go up, unlikely, as there's no income stream. 

A few weeks ago, I posted about us changing the garage door color of one of our homes after realizing the original color we chose wasn’t it.Here’s the before and after—what do you think?We’re happy with how it turned ...

Currently I have three doors, am private lending for two land/new construction homes, and looking to grow! 

In Philadelphia a CO is issued for new construction, additions, alterations that impact exits or fire ratings and renovations that change the use.

If your losses come from something you "work" in, like your own construction business, they are nonpassive and exempt from PAL rules (although may still be limited by one of the other set of rules).Knowing how we love to call anything we do "business", the IRS clarifies what is considered passive and therefore restricted by PAL rules:1.

You wire funds to a company that is in the business of building buildings, they create plans, get permits, raise additional capital, supervise construction, supervise filling the building with tenants, sell the building to an institutional investor, and if everything has gone to plan then there will be a significant profit and they wire you back more money than you put in.

We use my construction team and my property management team, and I DO NOT charge myself agency fee's.