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27 January 2025 | 3 replies
$2,000 a month NNN lease with about 1,200 square foot.
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4 February 2025 | 8 replies
Normally I would say no but for a small condo the durability should be less of an issue.
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17 February 2025 | 17 replies
Quote from @Shafi Noss: @Jay Hinrichs Ah, that's much more normal.
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30 January 2025 | 45 replies
Moving forward the REI investing world is once again normal.
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28 January 2025 | 3 replies
What tools or methods do you use for conducting property analysis without stepping foot on the property?
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7 February 2025 | 6 replies
We cap the rate for utilities and actually added about 10% above our normal average this past year due to rising utility costs in our area for gas and propane.
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8 February 2025 | 10 replies
We put “all pets subject to owner approval in our rental listing”.Absolutely 110% charge a $250-$500 (these are the normal ranges) nonrefundable pet fee + monthly pet rent.
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6 February 2025 | 7 replies
Its normal to feel some frustration when dealing with annoyances like that.
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13 January 2025 | 31 replies
Reach out to professionals for informational interviews; many share their experiences and advice.Everyone starts somewhere, and it’s normal to feel lost at first.
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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.