James Zobrisky
What to do with Cash Flow
31 January 2025 | 17 replies
I currently have a single family property averaging $330 a month in cash flow which is going into a basic checking account seperate from personal.
John Voychick
Do not use Suncoast Property Management in Jacksonville
30 January 2025 | 34 replies
They sit on their *** for 2 months, not a single bite.
Rene Hosman
If you had one question for a professional Syndicator, what would it be??
21 January 2025 | 32 replies
Fifteen percent IRR is possible, and single digit cash on cash is achievable.
Aaron Sommerville
Purchasing my first rental property in 12 - 14 months, any advice?!
26 January 2025 | 4 replies
I found a single family home built in 2004 for $240,000 and believe I can get 20% down within 12 months.
Jason Lopez
Do I need an LLC for my rentals?
31 January 2025 | 9 replies
For a single property, a strong umbrella insurance policy may offer sufficient protection at a lower cost.
Mashal Choudhry
Wholesaling in arkansas
16 January 2025 | 15 replies
I don't know a single broker who would allow an agent to wholesale while hanging their license at their firm.
Ryan Brown
Impact noise from upstairs apartment
30 January 2025 | 4 replies
In my experience apt. conversions from single family are more prone to noise transmission.
Maranda Tucker
Top Neighborhoods in Charlotte, NC : Cashflow vs Appreciation
22 January 2025 | 0 replies
Here’s a breakdown of some top areas:Cash Flow-Friendly NeighborhoodsWest Charlotte: Known for affordability and strong rental yields, West Charlotte offers opportunities in single-family and small multi-family properties.Gastonia: Just outside of Charlotte, Gastonia is a great spot for investors seeking cash flow.
Devin James
Gross Margin Calculation for New Construction
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.
Francisco Ruiz
Looking to build a small multifamily in the southeast
23 January 2025 | 5 replies
Did most of you start in single family?