Still finishing a new one!

We renovated the interior of the property completely with new mechanicals, we also added a full bathroom and increased living square footage by finishing space in the attic.

I was hoping that someone could let me in on a couple things.Like, what makes a basement 'finished' compared to a basement that isn't finished?  

In addition, there are a lot of large commercial construction projects underway right now in Tampa which is pushing the construction industry to beyond its limits and its really hard to get projects finished.

.- Easy busline commute- Three bedrooms on the mainlevel with hardwood floors- Finished lower level includesfamily room, 4th bedroom withegress window and secondkitchen.creates great roommateoptions!

@Jason ShynHi jason,We have an STR in big bear city We bought in April and finished in JULY so far we have been ok and only few weekends left this year.I would be very careful and choose the right cabin,with home prices now its tough if you can recoup your expenses.I would do research on similar cabin sizes youre buying in the area and checking theyre booking also,BBL has more regulations than BBC and make sure you can be issued a permit.For the right cabin and the right price YES its still doable..Good luck happy investing.

What he bought at the rock bottom of the market is now selling at the top.Even after dealing with a problem electrician and the city shutting him down for a couple weeks, he finished in great timing with minimal holding costs and is making a hefty profit.

A good video that was helpful to me starting out is: How to Analyze a Real Estate Market in 60 Minutes - Know More than a Local Expert - Neal Bawa… (BP frowns on link posting… so copy-paste in google, it should be 57 min long).For some other let’s say high level book on the “start-to-finish” for MF investing, helpful to me are:Wheelbarrow Profits by Jake and GinoMultifamily Millions by David LindahlEmerging Real Estate Markets by David LindahlCreative Cash by Bill Ham (helpful for ‘seller financing’ options)Once you get through the “philosophy” of these, some more “meat and potatoes” digging into the actual numbers and case studies:The Complete Guide to Buying and Selling Apartment Buildings by Steve BergesThe Complete Guide to Real Estate Finance for Investment Properties by Steve BergesYouTube has some good underwriting resources:Break Into CRE with Justin KivelThe Multifamily Show with James Eng at Old CapitalAdventures in CRE with Spencer BurtonBruce KirschLocal meetups… you’ll learn a lot from other investors in your market… an active local REIA is UCREIA (Upstate Carolina Real Estate Investors Association) they have a monthly main meeting and then various sub-groups that meet monthly as well.Ben Jones and Ivan Jenkins run Multifamily Investor Nation – Greenville, SC sub-group, they do a hybrid with in person and virtual together.

So after rehab I'm around 90k and using money from savings to finish as well as what's left from the refinance.

I just finished my first build. 3/2 single family home.