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5 August 2024 | 14 replies
I have seen a lot of construction in the adjacent counties though.
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7 August 2024 | 7 replies
This post is meant to be constructive.
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5 August 2024 | 2 replies
Week of 7/28 - 8/3:Accomplishments:- We got two of our new construction homes under contract.- We closed on two of our new construction homes in Palm Bay.Lessons:- Velocity of money is important.
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6 August 2024 | 9 replies
In Spain too for new constructions per law but this is a rehab, so this rule doesn’t apply.
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6 August 2024 | 49 replies
My background is fix and flips (100+) and new construction.
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6 August 2024 | 17 replies
Since he will construct close to cost and taking a risk also, I would structure at 50/50.
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6 August 2024 | 28 replies
They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck
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5 August 2024 | 5 replies
Will the be fully constructed, partially constructed, vacant land to be developed, etc.?
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6 August 2024 | 6 replies
I typically do most of the work myself or hire my handy man who does just about everything and for a great price.I definitely have more experience in the construction industry than in the mortgage one for now, but I would love to chat further if you're willing to share some of the knowledge you have :) (up to this point it has been only my mother and I investing and we have about 6 properties collectively.)Thank you for all of the input!!
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6 August 2024 | 4 replies
I’m very skilled at flooring and tile from my construction work I did in high school.