Carl V.
New in Asheville NC with 30k to start
23 February 2024 | 19 replies
I highly recommend coming to a CREIA meeting sometime (the general meeting is the 2nd Monday of each month and the beginner group meets I think the 4th Thursday?).
John Gonzalez
Looking for high quality, expert STR management in Central Austin
20 February 2024 | 3 replies
I am looking for expert STR management for a high end property in Central Austin.
Vincent Drago
Thoughs on transitioning tenants to electric heating
22 February 2024 | 7 replies
For multifamily buildings the incentives can go as high as $350,000.00.
Bill Fanelli
Management Platform Software
22 February 2024 | 4 replies
Quickbooks is another platform which has a high learning curve and isn't necessarily meant for REI.
Kris B.
Newbie - Dallas market
22 February 2024 | 7 replies
@Baskar Krishnan - Flips are doing well (nicely renovated, not just painting walls and cabinets). 80K seems high.
Joe Whitley
New Listing without reviews
23 February 2024 | 24 replies
Also, make sure your listing is detailed and includes plenty of high-quality photos to attract potential guests.
Vaibhav Pandey
Considering Out of State Investing in St. Louis MO
22 February 2024 | 14 replies
Louis as a good area for investment with high rental outputs for the PP.
Jim Weller
For Multifamily development any good sources for comps - land price / allowable unit?
22 February 2024 | 3 replies
I'm working on projects in florida and ohio. entitled or unentitled is a big difference. we typically look for land in larger tracts in columbus ohio for under 50k per acre. that's mostly rural land that is then entitled through engineering and zoning variances, a huge money maker if you don't do it. entitled land depends on density. lowest I've seen is typically 6 dwelling units per acre and highest I've seen in suburban markets might be 26. i think there is a lot of missing things to answer your questions like how big of projects, but I can give you a very recent lot we featured for investors who build a stacked triplex with us around Orlando and other markets in florida. it was a 43k piece of land on about .3 acres. through planned development you can get a duplex approved it was in poinciana in Osceola county. that's on the small side and it's hard to find land and it wouldn't really increase in value there but that's about 5k or less in fees to get that done. so all in 50k for a 2-3 unit. so 25k a door would be a good price to look at. normally as you buy at scale it gets much cheaper because you are doing all the value and creating something from rural land or wetlands, etc. entitled land typically sells for 11k-13k per door I would say on average in suburban markets on a national average. that is extremely difficult to track but we work with groups in land entitlement all over the country who co -develop with us and we create benchmarks that's more of an internal conservative and we push high density and multifamily to maximize profits on the exit once the project is entitled.
David Fals
Delaware, Philadephia, Connecticut, and Maryland
22 February 2024 | 7 replies
Saving money in a high-yield savings account is not enough.
Nichiren Dinzeo
Fix Pool or Demolish?
22 February 2024 | 10 replies
Homes in Tucson with a pool sell quickly, are highly desirable, and worth more.