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23 September 2024 | 29 replies
I’d recommend running your numbers with these extra expense assumptions to see what actually pencils out.If you’re worried about budgeting for capex, you can either buy new construction (which, if built well, won’t require capex for at least 5 years) or work with a turnkey provider, who will budget capex items for you on their end.In any case, my experience is that deals in Alabama and other Sunbelt states are still working out, but higher cost-of-living places like Fayetteville or Austin are probably out.
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18 September 2024 | 4 replies
I'm currently a project manager at a telecommunications construction & engineering firm, mainly managing the implementation of new software for our crews.
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19 September 2024 | 8 replies
These are very expensive, but you have little choice.If this is a construction project, such as a flip, ensure the property fence and other physical protection are still in place.
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20 September 2024 | 11 replies
Beloit does house some large, well-paying corporations and lots of construction for new businesses in the business park off gateway blvd though, that have the potential to bring in larger amounts of quality tenants.
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19 September 2024 | 4 replies
Before you consider building ADUs you will need to have a better understanding of the costs and scope of work associated with construction vs. the rent that you will be able to attain monthly once it is completed.
18 September 2024 | 7 replies
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18 September 2024 | 0 replies
Whether you're looking into fix and flips, rental properties, or new construction, access to the right resources can make a big difference.
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19 September 2024 | 8 replies
Hello Patrick, from my experience as a lender in the current market there is an abundance of financing available for 1-4 units, on Fix and Flip, New Construction and Rental market.
18 September 2024 | 1 reply
I'm a landlord of a newly constructed duplex in the New Orleans area.
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14 September 2024 | 3 replies
I paid for the land in cash and am now looking to take out a construction loan to build the house.