My ideal property is a detached single-family distressed, 3/1 or 3/2 home in an A or B neighborhood with good schools, ideally in the $200K-$300K range.

Rates for STR management typically range from 20-30% of revenue, depending on the level of service and market demand

CitaDAO focuses on commercial real estate, and their first building coming on-chain is a $20m property located at 56 Queen St, Cardiff, UK - a prime downtown area.On the other hand, RealT currently focuses on mostly residential in the US, with property values ranging from 50k to over $500k per property.

Even with a significant 50%-60% down payment seems like the purchase price would have to be in the 170-180K range, which is a tall ask for those areas in 2024.

Are you thinking this new cycle of higher rates is at its peak and we are going to head back to the 3%-4% range?

Hey there Jonathan, did this just now but doesnt tell me apartment numbers or a range of numbers. 

I've only done 6 new construction builds ( ADU's ) ranging from 500-1200 but all seperate properties.There are also two other 0.48 acre lots (that were never merged together) adjacent to the current large lot of 3-ish acres to make this a total of 8- 0.48 acre lots when/if these do get reverted to their original size. 

Most builders in the area are 3-5% of the purchase price, so at a purchase price of $340,000 you'd be looking at a range of $10k-$18k-ish.

@Erik Estrada We are looking in the 12-30 unit range.

Fortunately I was able to add a 30” model...so I got to spend $400 on a nice whirlpool stainless gas range that looks decent too!