Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
James uses the program to market his book that went from $35 down to $5 in a matter of six months.
Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
24 January 2025 | 25 replies
To match them, I use a formula Sofa: solid color textured pillow (2) + patterned pillow (2) + solid color (2)King bed: 26"x26" pillows (3) + lumbar/body pillow at least 48"L (1) - I'll do a print + a solidQueen Bed: 26"x26" pillows (2) + lumbar pillow 36" (1)Twin/Bunk: 14" x 20" lumbar pillow (1)In outdoor spaces, I keep it simple and match the pillows to the rug.For artificial plants I source from Nearly Natural, Wayfair and Home Depot.
Giovanni Vazquez
Financing ADUs without equity
21 January 2025 | 3 replies
Quote from @Giovanni Vazquez: Hello BP community, I finally bought my first duplex thanks to my phenomenal realtor Adam King in July 2024.
Devin James
Gross Margin Calculation for New Construction
27 January 2025 | 7 replies
Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.This helps greatly.thanks!
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
Quote from @Devin James: When running numbers on an investment property, I focus more on equity growth than monthly cash flow.Here’s why:If I can acquire a property at a low basis and add significant value, I can: 1) Sell and reinvest elsewhere 2) Cash-out refinance to recapture my investment.
James Jones
New Investor Scaling Through Care Homes and Assisted Living
20 January 2025 | 10 replies
Hi James.
Michael James Hamlin
Looking to network/partner up.
27 January 2025 | 6 replies
Quote from @Michael James Hamlin: We just moved to Baldwin county and we are looking to network/partner up with other professionals in new construction, fix and flip or commercial.