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1 February 2025 | 11 replies
I have absolutely nothing to sell.
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23 January 2025 | 15 replies
It's a very lucrative business to start a website and drive traffic to then turn around and sell the leads to realtors or lenders.
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23 January 2025 | 5 replies
This is where you find the property and then you can sell it after.
28 January 2025 | 7 replies
After selling the property, my real estate investing journey went on hold for several years while my family grew to a wife and three beautiful daughters.
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18 February 2025 | 10 replies
If you want to mitigate all risk, sell your real estate, and hide the cash under your pillow, and don’t get out of bed ever.
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24 January 2025 | 1 reply
this is a direct relation to lack of inventory.. new construction on many markets is as robust as its ever been.. we have had spectacular years the last 3 years of course during covid was tough with supply chains but my 500k house I am now selling for 700k and my build cost have gone up by maybe 100k.. so record profits for us..
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25 January 2025 | 7 replies
My materials come from distributors that don't sell to the public.
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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.
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30 January 2025 | 8 replies
Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.
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3 February 2025 | 9 replies
I'd be happy to help and have nothing to sell if you think that I can be a resource.