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4 January 2025 | 2 replies
He may know some GCs so I'll reach out- but meantime if you need an inspector you can trust for before, during or after construction, he's a Godsend.
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30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
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31 December 2024 | 3 replies
. - Rents are also a function of supply - 2024 saw the most new construction of multifamily units in American history (nearly 575,000 estimated 2024 deliveries of new multifamily inventory), and 2025, while not a record setting year, will see deliveries top 500,000 again - a huge supply increase.
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7 January 2025 | 12 replies
This lead me into Youtube and construction/renovations, which eventually brought real estate and investing onto my radar.
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11 January 2025 | 2 replies
Consider this: there are an estimated 10K homes in Pacific Palisades, at least half of which were destroyed. 25% were constructed during the 60-70's and +/- 75 TOTAL were built in the past FIVE years.
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18 January 2025 | 21 replies
Perfect - do your best to make the floors as even as new construction.
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4 January 2025 | 3 replies
While every project is unique, the basics he highlighted are essential parts of any construction contract.
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28 January 2025 | 19 replies
I pitched her even getting a real estate agent license to contribute to the venture as she used to sell new construction when she first started out in sales.Ultimately, you are asking them to put a huge amount of trust in you and go along with making a large financial commitment with you.
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4 January 2025 | 5 replies
My name is Chad, I am a renovation construction PM professionally, currently starting a search to find/ invest in some Indianapolis and local area fix and flip projects.
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8 January 2025 | 6 replies
Plus Loyola with all its new construction.