Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
Hey everyone,I’ve been diving into Chapter 1 of The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate by Brandon Turner and Brian Murray, and I wanted to share insights on one of the most important concepts: Crystal Clear Criteria (CCC).When scaling up to larger multifamily investments, having clear and specific criteria is critical for success.
Devin James
Gross Margin Calculation for New Construction
28 January 2025 | 10 replies
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
Luis Fajardo
New-home sales hit a high in 2024 with builders responding to market demands! Learn
27 January 2025 | 0 replies
After watching the trends and digging into the numbers, one thing is crystal clear: New-home sales 2025are shaping up to be the silver lining in what’s otherwise been a challenging market.
Eli Edwards
Course feedback or insight from Vetted Homes
19 January 2025 | 7 replies
I do see how the knowledge could likely save me the equivalent in mistakes but none of us have a crystal ball.
Teslim Salami
Cash Flowing Rental Property
29 January 2025 | 9 replies
Etc.Etc.I've found that when you can get crystal clear on what your ideal good deal looks like, it is MUCH EASIER TO FIND IT!
Kyle Carter
Sub 2 Financing
7 January 2025 | 7 replies
If my crystal ball is correct, we are going to see a lot of these sub2 deals hit the fan in the next 36 months.
Jack Pasmore
The Importance of Underwriting. Is Automation Effective?
29 January 2025 | 6 replies
I’m diving into the multifamily-apartment investment space, and one thing has become crystal clear: if you can’t underwrite a deal, you’re flying blind.
Rebecca Gona
New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
Pick up the phone or stop by local code enforcement offices to make sure that you have a crystal clear understanding of local laws and regulations.
Joy Daniels
Pets and Service animals at STR
18 January 2025 | 15 replies
As others say, make it crystal clear in your listing that the "shells may cut a dog's paws, and we don't allow pets."
Jonathan Greene
What Do You Think Of All Of The Reverse Trolling in the Forums?
6 January 2025 | 77 replies
Any ideas on how to crystallize this?