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20 September 2024 | 25 replies
.$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached$200M Chase Investment in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investment$44M Investment, 237 New Jobs: Bollinger Motorshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/$21.5M Investment for Detroit west side Dexter Neighborhoodhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/$20.6M Investment, 186 New Jobs: BorgWarnerhttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs$11M, 200 New Jobs: Volkswagen Scout Brand Investment in Detroithttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/327353923 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/Contact us with any questions you have.
17 September 2024 | 4 replies
(There is a price difference but suppliers have bridged that gap quite a bit due to popularity in the last ten years)Bathroom: Basic white subway tile to the ceiling for bathtubs/showers if surround is not desired.
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16 September 2024 | 22 replies
Would love to hear about some of the challenges you had, local contractors and suppliers you used, and see some more of the before/after.
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13 September 2024 | 1 reply
Consider materials that are easier to install or have lower shipping costs to reduce overall expenses.Buy in Bulk: For investors handling multiple projects, purchasing materials in bulk or sourcing from wholesale suppliers can save money.
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11 September 2024 | 3 replies
Usually the GC will have suppliers or vendors they can coordinate with for the best deals.
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12 September 2024 | 15 replies
Also, build relationships with local suppliers to negotiate bulk rates, and stay hands-on during rehabs to gain valuable experience.
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8 September 2024 | 9 replies
If so, how long are you committed to buy gas from a particular supplier and at what rate?
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2 September 2024 | 4 replies
Determine that you'll conclude your analysis by (some date), giving yourself time to get any estimates you need from contractors or suppliers for the rehab.
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30 August 2024 | 7 replies
If you're having issues with your GC or suppliers make sure you let the lender know.Also, there are some cases in which you might be having issues with the lender giving you draws for your mortgage, in which case I would advise to find a new lender so that you can move forward with the project more smoothly.Feel free to reach out if you have more questions.
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28 August 2024 | 10 replies
However, you can expect to recover about 50-55% of your investment when selling the home.Another good option would be to consider converting attic space, finishing a basement, or repurposing a large living area to add a bedroom without expanding the home's footprint.Some other tips to help you save on materials while still creating an appealing finished product: buy in bulk, shop at discount stores and outlets, look for overstock, discontinued items, or slightly imperfect materials, attend auctions and Estate sales, incorporate reclaimed wood, vintage fixtures, or other salvaged items for a unique look at a lower cost, build relationships with suppliers...If you have any more questions or are looking for funding please feel free to reach out to us, we're a private lender.Regards,Jackson