David Treat
Real Estate Future for 2025
24 January 2025 | 4 replies
A lot of people are sitting tight in homes they bought from 2017-2022 so I would be curious if we'll see those people sell and move.
Ian Reeves
Looking to connect with Canadians interested in investing in Kansas City
20 January 2025 | 1 reply
- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.
Parker Robertson
Rent to Retirement Academy Experience
25 January 2025 | 17 replies
My wife and I were in analysis paralysis for sure, but then the academy dropped and we were sure we wanted to get into RE, but didn’t know how and this course was WAY cheaper than comps that ultimately just try and sell you a conference that just tries to sell you… on and on plus like you said, we got most of our money back and got to keep the material.
Atif Khan
Looking to build some new spec homes
22 January 2025 | 3 replies
Watch it for a while, track listings, see what sells and what doesnt, what areas move quickly, etc.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
But, if steady long term cashflow is a goal, with no management, one can always sell farm land on a low down private contract.
Grant Shipman
5 Reasons Co-Living is King for Real Estate Investors
29 January 2025 | 0 replies
It's like selling pizza by the slice!
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.
Kyle Hardie
New investor in Fairmont, MN
28 January 2025 | 7 replies
After selling the property, my real estate investing journey went on hold for several years while my family grew to a wife and three beautiful daughters.
Bob Bowser
Overpaid on tax upset sale ? Just walk away ?
19 January 2025 | 2 replies
Just try to sell it to someone else for anything so you don't lose all of your money.
Samuel De Leon
Help on a Bridge loan
19 December 2024 | 4 replies
They are not cheap by any means (expect double digit interest rates) but they are available.