15 December 2020 | 3 replies
My company is developing in a Master Planned community with a fortune 500 builder that owns about 90% of the project.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1983069/small_1621517269-avatar-rajk93.jpg?twic=v1/output=image&v=2)
9 January 2022 | 30 replies
But he has to deal with dead bodies, prostitutes, overdoses, intruders and a host of other things normal people typically don't deal with.
16 December 2020 | 4 replies
On top of that, with today’s rates even if you are paying retail, these properties still cash flow over your mortgage cost.For example, I did a rate buy down with the builder’s preferred lender and was able to secure a 30-Year Fixed Loan at 2.25%.Like you mentioned, being a brand new build you have awesome warranties plus everything being new definitely helps limit some Capital Expenses needed with older below market property purchases, while this growing Jacksonville market keeps growing.There are pros and cons to buying different property types and I am not saying new construction should be the only strategy because off market properties and properties that need renovations can provide a huge ROI when done right.I am just a firm believer of analyzing all options available, which in this market includes new construction.I sent you a message with my contact info if you want to chat further, or if you want me to send over builder inventory I receive from different builders across Duval and St.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1940277/small_1694554802-avatar-kenh167.jpg?twic=v1/output=image&v=2)
15 December 2020 | 8 replies
Great examples are builder files plans for 3bed/2bath home and pulls permit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1977811/small_1646940498-avatar-matto109.jpg?twic=v1/output=image&v=2)
19 January 2021 | 34 replies
. - q tips- makeup remover pads - womens hygiene products (pads tampons) - Himalayan salt- pepper grinder - olive oil- extra tp - pack and play - coffee from our local shop- tea from our local shop- beer from our local shop - shampoo, conditioner, body wash, hand soap and dish soap all from our local refill shop.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1019661/small_1621507619-avatar-josephf79.jpg?twic=v1/output=image&v=2)
17 February 2021 | 6 replies
I'm going to dive in and post on BiggerPockets for the first time, hope it goes over well.When investing in RE the number one thing to do (after due diligence shows it's a profitable investment of course) is make sure your investment is safe and protected from physical damage and potential lawsuits.New Construction is a very different type of risk than an existing property.Instead of property coverage there's a builders risk policy that covers the new structure as its being built, this is pretty similar to a property coverage policy but has a very different price structure as there is only a full building at the end of construction while the risk factor of damage happening due to the ongoing construction is not there on a fully operational building.Then we have the General Liability, the liability due to construction operations is something that is non existent on a regular property and therefore a lot more expensive, there's also a big difference if the Developer hires a fully insured GC or acts as a GC themselves which would make them liable not only as owners but also as the General Contractor responsible for any construction injuries/damages.For a while I thought I didn't need to write about this as obviously anyone in the field knows this already, until I came across a Real Estate Investment firm that develops and operates multiple Multi Family properties that wanted us to give them a quote on a new project,I asked them for prior development policies they had gotten and was shocked to see they were carrying either vacant land GL policies or at best "owners interest" only policies when they were operating as Owner/GC directly hiring all the subcontractors for the job.I did not have an easy time explaining why they needed to be paying a lot more on their GL policies after they had "gotten away" with it for many years but i did succeed and have earned their trust going forward.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1987241/small_1621517300-avatar-kimberlyc126.jpg?twic=v1/output=image&v=2)
24 March 2021 | 1 reply
What is the best way to find a builder for investment properties?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/624988/small_1621494070-avatar-jaked12.jpg?twic=v1/output=image&v=2)
16 December 2020 | 0 replies
Then we'll sell the four homes independently and sell the entitled in-fill subdivision (8-10 lots) to a builder for completion.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/130932/small_1621418344-avatar-jasondillard.jpg?twic=v1/output=image&v=2)
24 December 2020 | 21 replies
I want to get a little more than its worth, not pay taxes, and not pay real estate commissions.Go find a builder and start making offers WITH THE LOT to buy a house.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1993104/small_1697093462-avatar-gabrielar28.jpg?twic=v1/output=image&v=2)
19 December 2020 | 4 replies
TAKE CARE OF YOUR BODY. ( No reason to save for the future if your dead or physically unable to survive) 3.