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27 January 2025 | 6 replies
GC in my area cost 10% of the total and I would say that is worth it for what they provide, but if you have the knowledge and willingness to be on the phone with subs (and spend a lot of time on site) you could save that by DIYing it.
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24 January 2025 | 6 replies
Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.
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18 January 2025 | 13 replies
The transaction is insured via E&O.
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6 January 2025 | 25 replies
Just because you disagree with the conclusion that most people come up with after visiting dogs bite.org does not make it "fake news" or propagandist.
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24 January 2025 | 7 replies
Numerous times I have been able to think through an issues that arose on a construction site and saved the Owner by proposing an alternate route to resolve it.
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20 January 2025 | 5 replies
There a number of good references on this site.
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7 January 2025 | 13 replies
My vote is invest in other markets where the money makes sense and then take that profit to visit whenever you like.
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21 January 2025 | 2 replies
To set the scene: A cost seg study breaks your property into two important categories:1250 "real" property aka the building, foundation and other long life assets.1245 property aka anything that can be accelerated such as 5, 7, or 15 year property like carpets, cabinets, or other site improvements.
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19 January 2025 | 9 replies
My business is built around doing deals for out of state investors and my mind is BLOWN by how many flat out refuse to come visit, meet our staff or walk the property that they bought and we are rehabbing for them.
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13 January 2025 | 12 replies
because we have a strong demand for them and great str laws.The Triangle is visited year-round by travelling professionals in the research, medical, IT, and education space.