![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1236944/small_1700592431-avatar-dj_vsflorida.jpg?twic=v1/output=image&v=2)
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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3088894/small_1722365942-avatar-reneh34.jpg?twic=v1/output=image&v=2)
31 January 2025 | 12 replies
Popular choices like Fidelity, Schwab, or Vanguard let you invest in a range of stocks, mutual funds, and ETFs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3035438/small_1716998050-avatar-juliem251.jpg?twic=v1/output=image&v=2)
13 January 2025 | 1 reply
The Outlook St deal offered a unique opportunity for a rapid turnaround with minimal investment.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1855377/small_1695241285-avatar-oscara70.jpg?twic=v1/output=image&v=2)
27 January 2025 | 11 replies
Theres so much value that you get and the strategies taught are unique and data driven.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3134913/small_1729021641-avatar-shayans18.jpg?twic=v1/output=image&v=2)
7 February 2025 | 31 replies
Memphis, Little Rock, Oklahoma City, and Tulsa are solid markets that many of our investors in your price range tap into.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2249092/small_1736641805-avatar-katieh117.jpg?twic=v1/output=image&v=2)
12 January 2025 | 1 reply
The property is unique—it’s off-grid with a well, solar power, and a fully finished interior.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3075882/small_1737740459-avatar-tiarnang.jpg?twic=v1/output=image&v=2)
25 January 2025 | 24 replies
Your looking at this really cool and unique position your in, and focusing on it as a problem.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3171905/small_1737340328-avatar-trevorm263.jpg?twic=v1/output=image&v=2)
29 January 2025 | 18 replies
Uniqueness is key.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1121360/small_1736470437-avatar-gregp110.jpg?twic=v1/output=image&v=2)
30 January 2025 | 48 replies
I also have a wide range of other investments, including stock options, which I plan to rely on in retirement.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2120750/small_1674748407-avatar-brianp556.jpg?twic=v1/output=image&v=2)
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.