Tim Johnson
Is Real Estate the best way to reduce your taxes?
18 January 2025 | 5 replies
Find out what financial problem you are trying to solve in the short term until your able to get to more "long term" problems that real estate helps with
Henry Clark
Self Storage- Will they come? Market size?
1 February 2025 | 22 replies
Is there a better way to find out how many existing units are there in each town, or do I need to drive to each facility and ask?
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
So, we now find most areas where the cost of PM leaves but the general real estate passive investment ROI for the investor hiring property management.
David Fals
SFR or MFR starting out??
25 January 2025 | 3 replies
However, finding properties that would cash flow with a 20-25% down payment on 400k property has been challenging.
Luis Herna
Can a Licensed Real Estate Agent out of state represent a buyer
22 January 2025 | 6 replies
Find a quality agent in Texas, then ask them if they offer a referral fee.
Tammy Mason
What can I do if I miss 60 days notice for rent increase
31 January 2025 | 5 replies
If they don't respond, give them a 30-day notice of termination and find a tenant that's more responsive.
Hedman Maximus
Trying to figure out my next strategy!!
19 January 2025 | 6 replies
If they are, I would pay them off first.I would invest in a different market(likely bigger market) where you can find reliable contractors or find a PM that will be able to manage the properties.
Devin James
Gross Margin Calculation for New Construction
28 January 2025 | 10 replies
Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up.
Javaria Zafar
Diving into Real Estate as a Newbie
14 January 2025 | 6 replies
Focus on finding and underwriting deals.
Saaj Patel
Investor-Friendly Contractor in the Philadelphia Area
23 January 2025 | 5 replies
I started as a real estate investor in Philly, but was disappointed with the GC's a subs I was finding.