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4 February 2025 | 5 replies
We built a single family home version of a 2 bed 1 bath with surface parking at cost with no profit all in with land for 175k in newark ohio, a suburb of columbus ohio. when we push that to 3 units and closer to the city for our build to rent model the numbers go way better. a 30k slab for a single family home is 30k, a 30k slab for a triplex is 10k a door. we designed a 2 bed 1 bath design at 668 sq ft and it's very good layout even I would live there, but I would never build anything that small again. there's no economies of scale. you need density and shared lines, resources, shared roof shared slab, shared windows, etc the cost goes way down.
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7 January 2025 | 16 replies
It is our full time job (so no other W2 job for us).
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31 January 2025 | 0 replies
.✅ Allows You to House Hack a Single-Family Home – No need to compete for pricey duplexes and triplexes!
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21 January 2025 | 5 replies
No, I've not invested with SCDC, and it's not likely I will without evidence they can do / have done what they've claimed on their web site.
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30 January 2025 | 2 replies
No slowdown in demand in sight, but we shall see.
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23 January 2025 | 3 replies
Speak with lenders - and consider that although they might agree they could lend to you today - they might not be able to when you need the loan.Unless the existing debt has no due-on-sale provision, there will always be a risk of the underlying loan being called.If it were to be called due:1.
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2 February 2025 | 0 replies
No I drew up my own contracts and filed the paperwork myself
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4 February 2025 | 0 replies
Many investors fall into this "do-it-all" trap, believing no one else can handle things as well as they can.
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20 January 2025 | 5 replies
No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.
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26 January 2025 | 5 replies
You're netting $5k/mo and have no cash available and you're working a civil engineering job?