16 August 2024 | 3 replies
They typicallyrequire a larger down payment and may have shorter terms, but they can be agood option if your goal is to hold the land for future use or development.Subdivision Loans: If you planto divide the land into smaller lots for resale or development, a subdivisionloan could be the right choice.

16 August 2024 | 0 replies
Developing mitigation strategies for high-risk areas helps reduce the project's overall risk profile.

16 August 2024 | 4 replies
The best thing an out of town investor can do is develop strong relationships with locals who are active and knowledgeable in the real estate investment world in STL.

17 August 2024 | 27 replies
With lots of major companies developing here like Intel, Amazon, Google, FB, Honda, etc., the population and number of jobs are growing - great macroeconomics overall!

15 August 2024 | 0 replies
I am currently pursuing a Master's in Real Estate Development and Investments and have an opportunity to study in paris for a few months.During this time, I am to focus on the office market and investment strategies.

15 August 2024 | 9 replies
I am a developer of multi tenant flex industrial properties in DFW.

15 August 2024 | 0 replies
Look for areas with planned infrastructure improvements or new business development—these are signs of future growth.4.
12 August 2024 | 22 replies
You kind of learn from connections from other developers and builders.

12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

21 August 2024 | 94 replies
Find areas that are upcoming like cheap areas to live that are surrounded by highly developed communities and look at what houses sell for and what they rent for .