Darnell Holland
Tear down rebuild numbers
20 January 2025 | 5 replies
Experienced developers, could you tell me how the process/financing works?
Bobby Paquette
Turnkey Multifamily with SCDC Investing ?
21 January 2025 | 5 replies
They should also have proposed or preliminary site plans approved for the remainder of the development.
Devin James
Gross Margin Calculation for New Construction
28 January 2025 | 10 replies
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
Chloe Salcedo
I don't know where to start or how to put my foot in the door...
13 January 2025 | 31 replies
When you work at a large corporation (national or global) you learn a lot in your role, but also by osmosis, just by observing other people and seeing how projects are developed, business is done etc.
Leah Miller
SB9 Urban Lot Split Los Angeles
27 January 2025 | 11 replies
Tagged as a developer, surely, you'd want there to be more development projects.
Oksana Burak
Bali Real Estate
21 January 2025 | 1 reply
Be skeptical of the developer's claims, as your property's value likely won't see substantial growth until the entire development is completed and sold, which could take several years.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
For those more entrenched in the Denver development market than I am, is this a fair trade for the city and for the developers?
Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
26 January 2025 | 3 replies
While more development did happen over the last few years from development projects started in 2021 and 2022 when rates were lower and developers could outlast supply chain issues, the upcoming supply is expected to drop again, as we will discuss later on, with the relatively sharp rise in interest rates that has dried up investment capital due to the fear in the market, sellers opting to hold out on their land and or properties until cap rates and interest rates subside again as is expected in the coming years, as well as banks being cautious to lend on real estate due to this sharp rise putting many projects that were started in 2021 suffer greatly from a 7x increase in rates over the following 40 months that had adjustable rates or 5-year terms which is very common in larger multifamily investing.
Emory Clayton
% of Maintenance cost
26 January 2025 | 2 replies
As you develop the park I would strongly recommend your homes be individually metered for water, sewer expense prorated and garbage paid by tenants via individual can service.
Murtuza Khoja
Considering buying a STR in Kissimmee
26 January 2025 | 2 replies
I have some YouTube videos that may help with some of your questions and always happy to have a call to dive a little deeper. 1. which development(s) tends to be the best for ROI/have the best occupancy rates?