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1 February 2025 | 9 replies
Currently selling two SFRs to 1031 into a seller financed 9 unit mixed use property - I am still excited to learn new strategies 13 years later.I have some of my investments on my profile and some info regarding each.
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14 January 2025 | 5 replies
Additionally, your brother would inherit your cost basis in the property, which could result in significant capital gains tax if he sells the property later.
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22 January 2025 | 8 replies
Here’s how using a Self-Directed IRA (SDIRA) to invest in real estate enhances these benefits, especially for those looking to diversify their retirement portfolio: Tax-Advantaged Growth: Real estate investments inside a self-directed account grow tax-deferred (traditional SDIRA) or tax-free (Roth SDIRA), meaning rental income, appreciation, and even gains from selling the property stay shielded from taxes until withdrawal—or forever in the case of a Roth!
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.
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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.
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7 February 2025 | 49 replies
The house build course is pretty straight forward and walks you like a baby through every step from finding the land and entitling it to building and selling.
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15 January 2025 | 10 replies
He knows his stuff and is really good at making IG videos: his brand is a very clever mix of being super humble, telling everyone profits are less than you think and then flashing some fat $$ he made by selling to his investors.
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3 February 2025 | 3 replies
Seems like they aren't in a hurry to sell if it's been on the market that long and they have raised the price.
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22 January 2025 | 16 replies
If the sell is motivated enough, then the wholesaler has all the value in the world.
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3 February 2025 | 4 replies
They want to sell for as much as possible.Use the broker's pro forma as a thumb to the wind guide for your interest along with the rest of the offering memo (right location, asset class, etc.).