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Results (10,000+)
Matthew Lewis Questions about "adding value"
23 February 2024 | 6 replies
This adding double of value add cost typically requires the property to be trashed and priced accordingly.  
Jim Weller For Multifamily development any good sources for comps - land price / allowable unit?
22 February 2024 | 3 replies
I'm working on projects in florida and ohio. entitled or unentitled is a big difference. we typically look for land in larger tracts in columbus ohio for under 50k per acre. that's mostly rural land that is then entitled through engineering and zoning variances, a huge money maker if you don't do it. entitled land depends on density. lowest I've seen is typically 6 dwelling units per acre and highest I've seen in suburban markets might be 26. i think there is a lot of missing things to answer your questions like how big of projects, but I can give you a very recent lot we featured for investors who build a stacked triplex with us around Orlando and other markets in florida. it was a 43k piece of land on about .3 acres. through planned development you can get a duplex approved it was in poinciana in Osceola county. that's on the small side and it's hard to find land and it wouldn't really increase in value there but that's about 5k or less in fees to get that done. so all in 50k for a 2-3 unit. so 25k a door would be a good price to look at. normally as you buy at scale it gets much cheaper because you are doing all the value and creating something from rural land or wetlands, etc. entitled land typically sells for 11k-13k per door I would say on average in suburban markets on a national average. that is extremely difficult to track but we work with groups in land entitlement all over the country who co -develop with us and we create benchmarks that's more of an internal conservative and we push high density and multifamily to maximize profits on the exit once the project is entitled. 
Alexander Rodriguez Tenant keeps paying rent late
23 February 2024 | 13 replies
If it this is a fairly typical tenant for the area, maybe switch to weekly or bi-weekly payments on a new MTM lease and charge a pet fee.
Jeffrey Van Voorhis Introduction - Architect as Developer Guidance
22 February 2024 | 2 replies
Between the market rate of the services I offer and at least several months of holding costs I can eliminate, I know that I can bake some legitimate value to a deal however I have no direct experience packaging that value way that could help secure financing.And that’s essentially where my research is currently focused!
David Cianci Real Estate Course/Strategy
21 February 2024 | 8 replies
He essentially preaches copying the wealthy peoples strategies in the community and implementing them myself.
Rick Pozos Is Robstown too small to invest in??
23 February 2024 | 5 replies
Robstown is a submarket with typical small market issues.
Christos Ziogas Out of State Investor San Antonio/Temple/Killeen
22 February 2024 | 9 replies
You can get good deals with seller financing/creative financing in any market essentially.
Ian Skjervem Commercial lending on $4-5M property
22 February 2024 | 9 replies
Hi Ian,You'll typically be looking at 25-30% for larger MF. 
Jeremiah Dunakin Trying to understand Land Contracts
23 February 2024 | 13 replies
Typically the borrower never records the land contract (which they should)Pros for buyer - noneCons- tough to insure, could be easier to be foreclosed on, name not on deed, Also most buyers do not run through title or get title insurance as wellMost land contract sellers run it like it’s the Wild West and do not understand these are still consumer loans and follow state and federal guidelines
Joe Whitley New Listing without reviews
23 February 2024 | 24 replies
No reviews typically means a new listing, so that can be a risk for some vacationers, but for others an opportunity which you can market to.Good luck!