Establish piece rate pricing based on quantity, square footage, surface area, or linear footage and apply that to prospective projects.

I look forward to learning a lot here, and to establishing mutually beneficial relationships with fellow members! 

I would tell folks at the time with 30k brand new homes that Lehigh was probably one of the cheapest places in US if not the world to live everything considered US medical and fire and police etc etc and no state income tax.So here we are today de ja vu all over again with hundreds of investors stuck with half built houses and a the vast majority of all these were spec for rental purposes not to live in..

Protect yourself.Our loan documentation package includes several handwritten forms that the borrower must complete at various points during escrow to establish the intended use of the funds.

For example, with Equity Trust Company, you can establish what we refer to as the Universal IRA.

I've seen investors allocate 5-10% for capital expenditures (capex) and vacancy, but you won't have a clear understanding until you've owned the property for a few years and established a track record.

First of all they need to trust you and you need to have an established relationship in accordance with the 506b rules.

Quote from @Carlos Ptriawan: Quote from @James Hamling: Quote from @Carlos Ptriawan: Quote from @James Hamling: Quote from @Carlos Ptriawan: Quote from @James Hamling: Quote from @Carlos Ptriawan: Quote from @Scott Trench:So there is a lot of incentive from some big long established entities in both syndication and banking/finance to just sit back, let others over-leverage and drive thing's bust, because picking up the ashes is more like picking up the gold.

Establish a Charitable Remainder Trust (CRT): By placing the property into a CRT, you can receive a charitable deduction, defer capital gains taxes, and receive income from the trust.

Establish an operating agreement for each LLC.