I have a question and would really appreciate your input.I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that their fees and interest rates significantly cut into my profits.

Quote from @Anthony French: I’m relatively new to real estate development, having completed only one fix-and-flip project.

These properties cover my mortgage, allow me to save for maintenance/repairs, and are projected to be worth $7–9 million by retirement.

I would like to learn more, as I am gearing up for a new construction project myself.

You will gain experience with each project so don't let set backs discourage you but always try and learn from any mistakes.

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.

Hey all,I’ve been diving into options for software to help streamline real estate rehab and construction project management.

Your project manager should know plenty of guys- delegate this to them3.

What ROAS are they projecting?