Mike Terry
Construction Rising Lumber Costs
26 May 2021 | 22 replies
( profit margins )Class a and b areas pricing for new construction ranging $450,000 to $700,000Few rough estimatesNew construction ranch styles $450,000 plusNew construction 2 levels styles $530,000 plus additional optional finish basements for new construction $ 20,000 to $40,000
David Rosenhaus
Rehab estimates: recommended inspectors/GCs in central NJ
19 April 2021 | 7 replies
Margins are thin enough without me making a 10K or 20K underestimation.
Account Closed
Financing land development questions
19 April 2021 | 9 replies
Or you wait out the lumber market with the hopes it retreats thats a big if to.. supply demand is going to keep lumber high.On the 90 home community I am currently building in Oregon we were able to do just that my 2000 sq ft home that was 550k is now 600k and we sold them all.. so its trading dollars and the hyper inflation has been pushed to the buyer we are still making our margins which are not as high as you state pretty tough for us to get that high but we get close..
Jordan Babich
Top of Budget Duplex
21 April 2021 | 3 replies
I’m concerned because the margins are slim and it’s at the very top of my budget.
Amit Shah
should i buy my first rental in this sellers market
20 April 2021 | 8 replies
Real quickly your expected profit margin can go away with those types of fixes.
Ethan Snyder
New investor looking for guidance.
19 April 2021 | 3 replies
@Ethan Snyder, a BRRRR is a flip, with much tighter margins.
Nick M.
Little Rock AR - looking to connect with wholesalers / investors
22 May 2021 | 10 replies
Been getting 18-22% margin on each build.
Amber Krueger
Identifying a solution/route for a property in the neighborhood
21 April 2021 | 3 replies
Margins are tight (I'd be using a Heloc for the down payment).
Paweł Terlecki
Who pays transaction broker's fees?
20 April 2021 | 5 replies
The fee is charged to the agents on both sides by their broker....the supposed reasoning was new refs a few years ago requiring record retention (All off Wrs are to be retained for 5 years by the broker, etc).In reality, it’s just an additional fee as brokerages are working on such small margins these days.
Morgan McRae
Current Buy Formula In Kansas City, MO | April 2021
4 May 2021 | 3 replies
[ARV X .7 - Repairs - Wholesale Fee = MAO] However, for a lot of these houses between 100K - 200K range, I would think flippers would be willing to operate at a slightly tighter margin, since the market is so hot, and they're able to offload successfully flipped houses quickly.