Dawn Harris
Str with property management near Orlando
30 January 2025 | 7 replies
When they book it just be close to that price.
Camilo Diaz
Has anyone dealt with Suncrest Capital Group?
20 January 2025 | 9 replies
Did they close on time and deliver as promised?
Josh Smith
HOA management in Pigeon Forge
1 February 2025 | 3 replies
The company I found to open, maintain, and close our small dipping pool ended up costing $2,215.00 for the season.
Bobby Paquette
Turnkey Multifamily with SCDC Investing ?
21 January 2025 | 5 replies
Third, if they have $2bn of agreements (whatever that even means) why haven't they actually started building anything or even closed on the land.
Max Smetiouk
Amenity ROI debate
24 January 2025 | 10 replies
Most people don't know how to use a wood burning fireplace correctly - operating the damper, not closing the damper until the fire is completely out, going to sleep with the fire or coals still burning.
James Carlson
Are STRs as we know them dead in Colorado (and other places)?
27 January 2025 | 56 replies
Been following the legislation closely.
Carlos Ptriawan
The rise of flat fee buyer agent brokerage
21 January 2025 | 20 replies
Subtract the flat fee buyer agency fee of $6000, meaning the buyer is credited $6,500 at closing.
Andrew Katz
What is the Process for getting a HELOC on an Investment Property
6 February 2025 | 9 replies
The bank I work at would require the property to be close by.
Matthew Strack
Family house deal or not?
17 January 2025 | 7 replies
I was looking to put 80k cash into then refi afterwards and possibly getting 130k. 130k on mortgage would be close to $800 only leaving $200 in cash flow each month.
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.