For me It’s one single stem and pad so there was some savings in labor.

My job is to close the deal and that can be extremely labor intensive.* We will see a lot more unrepresented buyers, and my contract with the seller will include a 1% surcharge for having to deal with those transactions

Let this simmer down and throw some aggressive bids into quality properties upon rate cuts timing(so post labor day). 

@Joe Normanalso I noticed someone said two or more times in 12 months... so, basically you can wholesale assign a contract once a year?   

Joe

creating equity partnerships with contractors, no cash up front to do labor.

@Everyone, From your experience, what is the average ratio between labor expense and material expense for a successful flip project?   

@Joe HomsThank you for you response.

@Joe Henry, LAWYER LAWYER LAWYER!

For affordable housing, the average construction cost is generally lower than market-rate projects but still substantial due to various factors such as labor, materials, and compliance with affordable housing regulations.Affordable Housing Construction Cost: The cost to build affordable housing in Oregon ranges between $250 and $350 per square foot as of 2024.