David Fals
Delaware, Philadephia, Connecticut, and Maryland
22 February 2024 | 7 replies
Saving money in a high-yield savings account is not enough.
Denise Coffman
I wanted to purchase a small amount of land to develop.
22 February 2024 | 2 replies
Purchase price: $50,000 Cash invested: $2,000 Bought 3 City lots in a city with very high demand for housing.
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.
Tyson Scheutze
Dude, Where's My Manager?
21 February 2024 | 0 replies
Further subsequent improvements to the self-showing lockbox technology and data also allowed for deep pre-screening of residents while also streamlining 24/7 access to homes.
Sarah D.
Cost of painting vs DIY
20 February 2024 | 62 replies
Its about 1150 sq. ft per unit with 9 foot high ceilings.
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.
Thuy Pham-Satrappe
Do you invest in high crime areas?
19 February 2024 | 145 replies
I purchase in high crime areas.
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.
Alex Ng
How are your MTRs getting booked?
22 February 2024 | 19 replies
If it’s months obviously you’re costing yourself money with low quality advertising or high prices.
Donald Eggers
Traditional Fix and Flip
22 February 2024 | 0 replies
Purchase price: $345,000 Cash invested: $101,000 Sale price: $565,000 Traditional fix and flip in a very tight market sold with 40-year high interest rates (Oct 2023).