Appraisals for storage facilities are not always common in smaller markets5.Develop a detailed business plan, including a marketing strategy, capital expenditure budget, and growth projections.

Never flipped before.If you take out a HD loan and say your construction estimate comes in at $100k.Eventually the actual estimated construction costs only cost you $90k.When you take a draw does the bank give you money based on receipts/invoices?

Also ensure they are up-to-date on the most recent construction accounting practices, audit procedure and tax regulations.While price is a consideration for everyone, remember that the cheapest option is not usually the best option.

Where have you had luck finding reliable ones that can support your business?

I am no where near a credited investor yet, but I understand the in's and out's of property management, business deals, transactions, and core understanding of how to find the right deals.

Im looking to do fixer uppers because I did it in the past in Virginia & I want to build more capital now so I can invest into rentals/new construction later.

I am an Associate Broker and I have been approached by my Broker which owns the independent Brokerage in purchasing the business.

Make sure that wasn't the site where all the construction workers changed their oil, or it is not the trash site for the neighborhood, make sure it is not in the flood zone, make sure the lot size meets the building/plat regulations, check for utility access, if they have lawsuits check for judgements and liens, and IRS liens.#7 Go kill it and make millions, maybe you found a gem.

The 10-Unit complex would be a commercial business, so the simple answer is to purchase and operate in an LLC.

Sounds like new construction might not be a bad play if there’s an inventory shortage.