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12 February 2025 | 14 replies
You can build equity by leveraging a larger property if you don't need the monthly cash flow.
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12 February 2025 | 17 replies
Here in in the Disney / Orlando market, accommodating larger groups is a must.
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12 February 2025 | 17 replies
The ARV on small multifamily can be a bit tricky as most appraisers will like to use the comparable approach as to an income/NOI approach typically used by larger (5+) multifamily properties.
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19 February 2025 | 14 replies
In larger multifamily investing it's about finding opportunities to increase revenue and/or decrease expenses to drive value.
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21 January 2025 | 4 replies
@Steven Nguyen Your first step is to liquidate some of your Crypto so you have liquid funds to contribute to the deal.
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10 February 2025 | 8 replies
Personally speaking, from an investment broker and investor standpoint, I feel single family investing is the riskiest in some investment ways in comparison to larger investments due to the fact that it only takes 1 repair or tax/insurance hike to put you under or lose all income.
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14 February 2025 | 37 replies
If the health department felt that there was an adequate field to support septic for a larger dwelling, they would have said so from the very beginning.
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26 January 2025 | 54 replies
I don't know what his minimum liquidity requirements are to join.
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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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10 February 2025 | 71 replies
as most of these were institutional owned so leasing them from the lenders who want to liquidate did not work.