
26 January 2025 | 13 replies
After looking closely at what Hospitable offers versus some of the bigger names like Guesty, it's honestly surprising to see that Hospitable has more features, especially when it comes to automations.

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.

27 January 2025 | 2 replies
My coach suggested (and I implemented) a "must do tracker"....it's a color coded spreadsheet (I like to print multiple copies and keep them on a clipboard to stay in my sight/top of mind).

26 January 2025 | 21 replies
It sounds like you trust your PM and he is doing what he is getting paid for.

28 January 2025 | 6 replies
It could also help you to decide what type of real estate you would like to focus on - i.e., residential vs. commercial.

29 January 2025 | 4 replies
I would like to know if I could create cashflow from a studio apartment across from the beach.

26 January 2025 | 12 replies
It's not like the MLS discriminates on listings because of who is listing it.

27 January 2025 | 6 replies
These are great for experienced flippers who can handle the tight timelines and costs.Private investing usually involves individuals funding your deal, like friends, family, or networking connections.

27 January 2025 | 35 replies
I just don't see it going down significantly more than the current state... but again who knows.. it's Dubai like you said

27 January 2025 | 8 replies
With my in-laws living in Augusta, I visit the area a few times a year, and it definitely seems like there’s some potential in the market.