If you teach BRRR I would love to see how someone can teach construction management outside of the field and understand scopes of work, contract negotiations, permitting and dealing with contractorsWhat does the proforma look like and schedule of values?

I sure could use some guidance along the way.Do you have a construction team?

You are putting money in, and qualifying for the construction loan, while being forced to use them to execute and lease up.  

I am interested in GC’ing new construction homes and selling rather than fix and flipping and wanted to see if any of you had processes you were willing to share.

You bet--i sent you a connect request w/my info if needed--best

Hello Matt, are you only doing prefab wall panels, where they are assembled before delivery, or are you going to the next level with a full Prefab modular construction, where the units are completed at a factory and relatively minimal work is completed on site.One issue I have heard on the modular construction is the manufactures are sold out for this year.You might want to check out www.VuhausLLC.com/models they are doing high end modular construction.

@Max Bellino You seem eager to learn and I hope you accept this as constructive criticism.

So, if interest rates are a buyer’s primary roadblock, then I recommend negotiating a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?

That just tells me real estate must just be a safer bet than dental offices from an investors perspective, which is great as I'm moving away from dental.

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.