Once that’s confirmed, they’ll help you submit the required permits to the Department of Buildings (DOB) and get approval from the Department of Transportation (DOT), since it affects the sidewalk and street.After permits are approved, you’ll need a licensed contractor to do the construction.

Momentum builds over time, and I promise things will start falling into place.This year, I’m expanding into Columbus, Ohio!

Naturally, I wanted to find out whether we would be able to build a brand-new fourplex in Los Angeles County. 

Quote from @William Dorrough: I currently either purchase and value add large scale multifamily properties or develop, and build ground up my issue with scaling is we have done this without brining in investors i have a great deal flow with a good track record im really looking to do more i have the capacity but have the need for more capital in one way or another  Scaling without investors can be tough, especially in multifamily.

These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.

And right now, I am going to tear it down in 2025 and build a new house as my primary home.

Build a solid track record with these properties before proposing larger moves.Leverage your commercial experience to identify growth opportunities, and start building out your team.

I’m curious what rates look like these days for a commercial apartment building around 1.5M.If any lenders could chime in or investors who have seen recent rates please share!!

Building located in neighborhood I had been interested in from the beginning of investing career.

If you own several apartment buildings your best interest might be to speak with a asset protection attorney versus asking questions online of just anyone who might respond.Good Luck!