
28 January 2025 | 10 replies
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

12 February 2025 | 27 replies
You will never get that back in terms of additional cash flow

30 January 2025 | 6 replies
I am from Buffalo, NY and will be moving to Charleston shortly.

13 February 2025 | 10 replies
Any advice is welcome.In my opinion, if you can go conventional, most of the time it is a better choice due to the better interest rate and terms.

8 February 2025 | 10 replies
very sorry to hear that. a lot of "professional" unfortunately only look at you as a number and not a long term relationship. you should be able to put a complaint against home inspector to hopefully recover some damage they missed

14 February 2025 | 7 replies
REI is a long-term venture; if you cannot hold this will be a very difficult process.

23 January 2025 | 0 replies
Exit StrategyResale Planning: Research market trends for optimal selling timing.Long-Term Investment: Consider retaining the property as a rental post-graduation.Marketability: Choose a property with appeal to future students or young professionals.By following these steps, you can make a well-informed decision and ensure a successful investment that benefits both you and your student during their college years and beyond.Peter Derry PHD Properties

24 January 2025 | 13 replies
Rates:$2,000 Daily$10,000 Weekly$30,000 Monthly$25,000 Long Term Monthly$3,000 Holiday Daily$15,000 Holiday WeeklyI am looking for insight for anyone who has experience in this market to see how realistic that is...

3 February 2025 | 3 replies
Keep it short and sweet: thank you for your application, the unit has been leased to an earlier applicant.

5 February 2025 | 4 replies
Definitely a strong location with great visibility and high foot traffic.Since it’s a NNN, your expenses are minimal, but if LazyDog ever exits, buildout costs will depend on lease terms and the next tenant.