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12 March 2024 | 168 replies
Now I am focusing on raw land.
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8 March 2024 | 20 replies
I am looking for GCs that can do SF and MF, can do a new building on raw land, full rehabs of beat down properties, and touch-ups (I like the lipstick metaphor), and require little supervision.I also really like @Johnie Hopkins original four points: 1. provides estimates of rehab works that come reasonably close to actuals (firm bids would be a plus),2. is able and willing to do cosmetic work as well as studs-deep rehabs,3. has a dependable crew(s) and is known to hit targeted completion dates,4. is knowledgeable of Houston / Harris County permitting and inspection requirements.Please PM me or email!
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7 March 2024 | 3 replies
You can get 50% to 65% LTV on raw unimproved land, or if there are horizontal improvements, you can get 75% LTV to finish out the horizontals.The construction loans will give you 85% to 90% of the LTC or loan to cost, but these will only be done on an individual basis. each lot on its own loan.
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7 March 2024 | 10 replies
Or if there's a commercial broker/developer who buys raw land and develops it to the point where developers can take down a few lots at a time in your area... whoever out there is selling subdivided land to developers will have ideas for this.
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7 March 2024 | 7 replies
The most sophisticated professionals always go through a transition from buying generic property lists to creating their own playbooks from raw data sources.
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5 March 2024 | 9 replies
1) Air-DNA; either premium version or free trial.2) An Excel spreadsheet that contains all the raw data from Airbnb for all the listings within a city (just like if someone collected the data manually for each listing).3) Other software/app.Appreciate your thoughts on this!
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8 March 2024 | 31 replies
Very little from FB flips maybe 3000, it’s more for fun here and there. recently started the online store. anyways probs not worth having even mentioned those two considering as of now both very little compared to 97% from work. i work a lot my friends say im a workaholic lol. i’m just trying to elevate my family’s life. by elevate i mean get us out of working so much and actually have more time to enjoy the fruits of our labor
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5 March 2024 | 27 replies
However, most of the work involved involves searching for off-market raw land with development potential, finding the owner and seeing if they're willing to sell.
5 March 2024 | 3 replies
Hi Audrey - you purchased at a ripe time and are starting to see the fruits of your investment!
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5 March 2024 | 5 replies
It's tough to find deals that cash flow amazingly today - but it's very likely that 3-5 years from now the deals you buy today will be very fruitful!