
1 February 2025 | 9 replies
They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.

23 January 2025 | 39 replies
Is it possible that at times you lose money (such as soft costs - paying for property inspections for example and the deal ends of falling through)?

19 January 2025 | 18 replies
With DSCR, credit and down payment are the major factors (plus the property itself of course) so it is very possible since a lot of the properties in the area cashflow pretty well.

21 January 2025 | 3 replies
Another possibility could be a home equity line of credit (HELOC), if you have sufficient equity in another propertyGood luck with your project!

11 January 2025 | 19 replies
If I put together a spreadsheet to examine the value of my investment I'd probably punch myself in the face.

17 January 2025 | 3 replies
Quote from @James Sills: I am looking at changing careers as soon as possible to something that can help my real estate investing aspirations.

22 January 2025 | 10 replies
You learn what you can as quickly as possible, and start implementing.

2 February 2025 | 10 replies
At the end of the project's life the land must be restored to a natural state and the materials must be recycled if possible, eg. stripping out metal, etc.

23 January 2025 | 7 replies
I'd love to connect and share how I could possibly be beneficial.

24 January 2025 | 3 replies
Some of these strategies (though not all, and possibly not the most profitable) are the subject of constant discussion on BP.