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21 January 2025 | 4 replies
@Jaycee Greene I’m looking to buy another 2 unit duplex, prices are ranging between 500K - 650K.
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22 January 2025 | 9 replies
- What metrics do you use to measure "good"Ex "Hi I'm looking to buy a single family home in Richmond TX in the $150-200k price range.
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31 January 2025 | 11 replies
in general, celebrity and notoriety add something, but it can range from just a neat story to an advertisable theme.don't neglect it, but don't count on it.
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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.
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29 January 2025 | 27 replies
And talking with my leasing team, the properties that are moving quicker are on the lower end of the rental range $1450-1600.
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8 February 2025 | 18 replies
Hello, I Am happy to answer: These loans are typically short-term, usually ranging from 6 months to a few years.
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30 January 2025 | 4 replies
We typically see FICO scores in the 560-620 range for Class C, below 560 for Class D.Recommend only looking at convictions & evictions in the last 2-3 years, ignore older ones.Focus on the last 2 years of employment via YTD paystub and 2024 & 2023 W-2's.
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21 January 2025 | 2 replies
The typical term of this loan is 12 months and rates range from 10%-12%.
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24 January 2025 | 6 replies
There are several articles that do an exceptional job of explaining who, what, where, why and how tax payers qualify for the ‘STR Loophole’ listed here:The Short Term Rental Tax Loop Hole: A Game Changer for W-2 Wage EarnersThe Short Term Tax Rental Loop Hole: What Investors need to know The implications on the Oregon and California Coastal STR market is a strengthening buyer pool for luxury rentals in the $750-1.5M+ range.
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22 January 2025 | 0 replies
This change facilitates a diverse range of future uses, including office, commercial, residential, and hospitality spaces.Why Invest Here?