Sometimes the closing costs from the auction are HIGHER than expected.

Each one with separate addresses and utilities.We originally put $585k of our own money into the project, and by the time we were ready to go to market in 2023 we were into it for about $2M (the pandemic really threw a wrench in our timeline and costs but also greatly increased the value).

We have 2 San Antonio sub2 deals that are turn key homes and only require about $20-25k to close (assignment fee + closing costs).They're a great option!

Multi family / townhouse 2bd2baMarket rents 800-950/month Proposed purchase price 75-80k (not including closing costs) previous sale of similar property (more upgrades) $85k50/mo HOA Total Tax: 466 year 2024Awaiting quote on insurance etc. 

Our goal is to be able to use either some type of software or spreadsheets to continue to build off of and help dial in our costs as we begin to hire more contractors for our team.

Let's say it's $100 a month and the cost to install a fence is $3,000.

We’ve started talking about the potential for collaboration, particularly to reduce construction costs by building simultaneously.

Anything you do remote will come at a cost of operational inefficiencies and a higher cost of doing business.

For these, costs tend to double across the board, especially for older buildings.

One of the things I'm trying to figure out is if I'm better off getting a few lower cost properties or on higher priced property.