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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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12 February 2025 | 0 replies
I’m an ex realtor who also has some experience working for a private equity group for a short time before I got a really good gig in a completely unrelated industry that will allow me to have options when investing.
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12 January 2025 | 28 replies
After a grace period of 1.5 days give another notice and mention legal action or law enforcement5.
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3 February 2025 | 15 replies
However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max).
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8 February 2025 | 17 replies
Bridge Loans are short-term (usually around 12 months) at a higher rate and fee to get a borrower from one point to another.
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3 February 2025 | 3 replies
Keep in mind that office is down right now and it could take an extended period to fill.Try to determine why it hasn't sold for 2.5 years.
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5 February 2025 | 0 replies
My name is Max Nelson, I am a Bay Area based Investor with a single Family home in Santa Cruz, CA that is a Short Term/Mid Term Rental and a Duplex in Bend, Oregon.
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11 February 2025 | 3 replies
The planning staff should be able to walk you through any options for zoning changes or variances if there's a way to make short-term rentals work in your case.
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29 January 2025 | 47 replies
Quote from @Steve Englehart: I currently have two long term rentals and am looking into buying into the short term rental arena.
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11 February 2025 | 167 replies
He is brilliant in shorting currencies and their equivalents.