You could still get cheap stuff and cheap labor, and rents while low still resulted in about a 25% return.

You could still get cheap stuff and cheap labor, and rents while low still resulted in about a 25% return.

Each market/location varies on construction materials and labor costs plus comparable available existing properties to buy.3.)

I have set up WIP accounts for WIP LABOR and WIP MATERIALS.

The company updates costs based on local material and labor rate costs.  

They don't want you contributing your labor to your plan.

Quote from @Joe Homs: @Kody Smith 1.

I agree with Joe, I do think that micron will be felt in the Watertown area as well, maybe not quite to the extent that the greater Syracuse area will but still.

May 2020 - Connected with my current partners and started analyzing deals June 2020 - After reading Joe Fairless' Syndication Book, Started co-hosting a bi-weekly Virtual Meetup in NY regarding multifamily investing, and massive virtual networking started.

Quote from @Joe S.: Quote from @Roger Flot: What area of the gulf coast are you investing?