Francisco Ruiz
Looking to build a small multifamily in the southeast
23 January 2025 | 5 replies
Did most of you start in single family?
Tony Schmucker
New Investor Seeking Advice on Relocating and House Hacking
30 January 2025 | 26 replies
I’m interested in house hacking small multifamily or single-family homes with ADUs.
John Voychick
Do not use Suncoast Property Management in Jacksonville
30 January 2025 | 34 replies
They sit on their *** for 2 months, not a single bite.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
Akshay Bhaskaran
Off-market Commercial Properties?
15 January 2025 | 7 replies
We have couple turnkeys, and couple of BRRRs that we did so far (all are single family residential properties with long-term tenants).We are interested in exploring commercial real estate, and wanted to get all of your help in getting started.
Mariah Volk
A few questions!
30 January 2025 | 2 replies
There's other items such as this where it may be helpful to talk to a CPA/EA for a little tax planning, especially since you'll likely get caught up in the passive activity loss limitations if taking bonus on a single rental property as I often see.It's also useful to mention that even if you do the cost seg study (I'm assuming you're doing one to be talking about this), you'll still benefit from accelerated depreciation in the form of shorter useful lives on the assets where you received bonus from.
Ryan Brown
Impact noise from upstairs apartment
30 January 2025 | 4 replies
In my experience apt. conversions from single family are more prone to noise transmission.
Fetch Phoenix
Bought in a Fire Prone Area, should we sell and consider renting?
29 January 2025 | 3 replies
Insurance is now a big factor in the expenses of investment properties, even here in Reno, NV there are areas that have had large increases for single and multifamily properties.
Devin James
Gross Margin Calculation for New Construction
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.
Dustin Wheeler
New member exploring real estate
23 January 2025 | 11 replies
For me and my goals, I focus on long-term investing in residential single-family homes in Florida and Georgia.