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12 February 2025 | 0 replies
This could create opportunities to acquire discounted properties in areas where developers overbuilt and need to sell.Inflation may not be cooling as fast as expected, but it is trending in the right direction.
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4 February 2025 | 0 replies
Develop your negotiation skills so you can secure better pricing, seller financing, or terms that increase your bottom line.
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23 February 2025 | 39 replies
But now I have a new perspective on building the relationship with him, and others like him at other brokerages in town.One thing is for sure, the investors and developers in town who have been buying deals for 3-4 decades are eventually going to want to slow down.
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16 February 2025 | 70 replies
South grays ferry, sure, definitely not the same but the ones that are right across the street from GradHo especially considering OCF's new massive development that is replacing the chocolate factory definitely have higher values.
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12 January 2025 | 2 replies
Hello,Looking for experienced developers' opinions on a deal I'm about to make in Europe, just based on the numbers.
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21 February 2025 | 6 replies
If it was built after June 15, 1976, it is a manufactured home and is built to the construction standards that HUD, Housing and Urban Development, set at that time.
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8 February 2025 | 22 replies
@Mark Cruse We've owned condo units in a development where the first build units included heat and hot water in the condo fee, among other charges.
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10 February 2025 | 6 replies
For the community development dept, you'll need proper plans (architect), site survey, permits, etc. when you're ready.
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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
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29 January 2025 | 3 replies
I have some YouTube videos that may help with some of your questions and always happy to have a call to dive a little deeper. 1. which development(s) tends to be the best for ROI/have the best occupancy rates?