Randall King
First property: New construction or previously owned?
3 March 2021 | 2 replies
Pros of buying new construction- if a good builder, you don't have to deal with maintenance and repairs as often- lower monthly cap-ex reserves- as a buyer you get a lot of confessions from the builder- new construction can typically get higher rents (if in the same neighborhood as a privately owned property)Cons of buying new construction- you are paying a premium - typically cash flows less than doing a value-addPros of buying a privately owned home- can purchase at a significant discount- higher risk higher return - typically cash flows more - can refinance sooner because of forced appreciation and use the equity on the next purchase- learn a ton from doing your own renovations Cons of buying a privately owned home - a good deal can be tough to find - have to deal with repairs and maintenance- higher monthly reserves for cap-ex - don't really know what's "behind the wall" until you start the renovation process
Bob Hardman
Best and worst features of your duplex or muti-unit
10 March 2021 | 6 replies
From a design perspective, so many builders create mirror images.
Kyle Clevenger
HELP! Sell or Build?
4 March 2021 | 2 replies
I've talked to a few reputable modular home builders and a couple construction companies and both have told me that start the finish the time line is looking near a year.
Paul Sandhu
Why does my CL ad violate their TOS?
4 March 2021 | 5 replies
But here is the body of my ad.
Paul Park
Expanding a JADU - any experienced builders?
4 March 2021 | 1 reply
Hi all,
Was hoping that someone could help me out with this JADU question.
"Maximum size is 500 square feet, however, an additional 150 square foot expansion beyond the physical dimensions of the existing structure...
Dayrone Edwards
Commercial lease How much should I charge a month
4 March 2021 | 0 replies
The previous owner used it as an automobile paint and body shop for 9 years.
Hossam Elaskalani
Questions to ask Home Inspector?
7 March 2021 | 12 replies
Solid inspectors will have seen many more properties than a builder and should know what problem areas and defects to look for.
James Harrington
New Construction - Title in LLC
5 March 2021 | 0 replies
I am closing on a new construction property using the builder's lender.
Kurt Christian
CA Legal Land JV Contract Needed
7 March 2021 | 1 reply
I am looking for a California JV land development contract between a land owner and a spec builder (me).
Wei Xia
1031 exchange in this seller's market? Kansas City area
5 March 2021 | 6 replies
I was originally going to buy some new construction but due to the materials shortages for the builders my lawyer advised against it.