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10 January 2025 | 6 replies
From an email I received from FF:New year, new rental goals! There’s never been a better time to step into the booming mid-term rental market. Since you’ve shown interest in listing your property with Furnished Finder...
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5 February 2025 | 15 replies
Is it worth to pay that much for 1:1 coaching for 6 months and a laid-out course?
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29 January 2025 | 1 reply
The ones that build out great companies build the skills, then they teach the skills to people to set calls for them, go to appointments for them and they continue to build out their company as a marketing/sales operation that is more fluid to create more revenue.
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14 January 2025 | 5 replies
you have to inspect BEFORE the sale.
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7 February 2025 | 3 replies
Definitely be mind of the due on sale clause with taking out a HELOC and quit claiming into an LLC.
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6 February 2025 | 6 replies
I have been on BP a long time and maybe about eight years ago , a person had a small chance of finding a posted house for sale here that can be flipped.
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30 January 2025 | 48 replies
I am curious at what stage of land development the sale was struck with builder.
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3 February 2025 | 8 replies
You didn't mention where you are operating, but depending on average home prices, I think you'll be ok.For instance if we're talkin $500k homes, and if you will get a 2.5% commission, split that 50/50 with your Broker, you will end up with $6,250 per sale, right?
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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.
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25 January 2025 | 5 replies
@Lauren Ruppert Cash out refi only in the husbands name which will take the ex wife off the financing/title and use the cash out proceeds to pay out what is owned to the ex wife.