Two companies, Stancell Construction (guy showed up in a Porsche) and Litespeed Construction, both gave us quotes over $6,000.

@Ryland Taniguchi  its just like here in Portalnd were deals are dog toughI can make the statement I don't know what your talking about I have 30 homes under construction right now in the Portland market another 60 lots in the pipe line and just tied up another 150 lots I want to flip to Horton or lennar.. but can the average person do this..

New homes constructions were on hold for several years during the recession.

I found a vacant lot and I am trying to find out how much it would cost to build a four Plex , all new construction in California ,Chico.

Around the same time I quit my job as a Project Manager for a residential construction company.  

Thanks in advance for any opinions on this deal: Single fam home in Kansas City, MO (outer residential neighborhood). 3 bed/2 bath, 1960s construction but recently rehabbed as a turnkey property. 105K, rents for 1150/month.  

I bought a hud home at a great price well below estimated value so I am a proud home owner living in a construction site that's slowly becoming a very nice house. 

I do see quite a bit of new construction in the area.Down Payment @ 25% = 48KClosing and other costs = 19K (Includes 6K finders fee)Income Rent - 1800 pm = 21,600Vacancy @ 6% = 1,296Tax = 1550PM @ 10% = 2150Repairs @8% = 1,728Mortgage @ 4.75% 30 yr fixed = 8,860/-, Interest - 6,675/-Net cash flow at 250/- per month or so.

@Rick Maningas I just found out I am not splitting net profits 50/50 at all; it was just the construction cost of $40K ($35K with $5K for cushion for unknown) and the 1% realtor fee for himself for when John sells the property.

AE fees typically run about 7%-10% of construction cost for commercial work.