Shaun Ortiz
How Do You Evaluate Distressed Properties from a Distance?
28 January 2025 | 3 replies
What tools or methods do you use for conducting property analysis without stepping foot on the property?
George Lopez
Thoughts on RentToRetirement?
27 January 2025 | 1 reply
Hi everyone,I’m a first-time homebuyer looking to get my foot in the door of real estate investing.
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
And the Professional plan is a great space for seasoned vets who need a robust system where their team can work through the entire acquisition process.
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.
Evan Grant
Complete combination and gut remodel two lofts in NYC
14 January 2025 | 0 replies
Purchase price: $5,000,000 Cash invested: $1,450,000 Complete combination and gut of two lofts side by side resulting in a 4,000 square foot home.
Al Jecius
Thinking of setting up a backyard wedding venue...help
16 January 2025 | 3 replies
We rented a 30 x 60 foot tent.
Delroy Watson
Unfinished Basement conversion
29 January 2025 | 8 replies
An estimate would be about $200 a square foot.
David F.
Co-op appraisal valuation
24 January 2025 | 9 replies
If youre saying condos are trading at $220 a square foot....Id be planning on a value of $110 per square foot on a co-op.
Evan Miglorie
New zoning on family home, how will it effect total price?
13 January 2025 | 1 reply
It's on a 10070 sq foot lot.
Chris Steinman
Rent or sale and new location
16 January 2025 | 1 reply
It is a 600-square-foot quonset hut sitting on 10 acres that is under 2 miles from a 750-acre lake.