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Real Estate & Construction Resources

The latest knowledge and tools you need to successfully complete your real estate and construction projects on time and on budget.

July 31, 2022

House Flipping Basics

You've seen it all over T.V. Investors spending a minimal amount of money on the quick renovation of a property, and then quickly doubling their investment a few weeks later. The term "Flipping houses" has become increasingly popular in recent years. With headline T.V. shows bringing the idea to the mainstream people have become more familiar and comfortable with the concept. However flipping a...

June 26, 2022

Substantial Completion: Definition, Criteria, and Certificates

Construction projects bring their fair share of paperwork. Some of the legal terms are unnecessary, but here’s one you’ll definitely want to know. Substantial completion is an important checkpoint that determines payment and liability.

June 23, 2022

Notice of Commencement: What, Where, and Why?

New construction project? Get ready for some paperwork. Notices of commencement are used to clarify dates, liability, and other details before you break ground. Here's everything you need to know about the document.

June 20, 2022

What You Need to Know about Fixer Uppers

If you follow the news at all, you would know that the housing market has reached an all-time high in 2022. With so many buyers competing to enter the market, choosing cheaper yet lower quality housing has become an increasing trend. For both aspiring homeowners and investors purchasing a fixer upper can offer a multitude of benefits. However, before purchasing a fixer upper there are a few...

June 10, 2022

House Hacking Explained

Over the last couple of years housing prices in the U.S. have skyrocketed to new levels. With a housing supply that is getting lower by the day, the housing market has exploded to a point that many people are finding purchasing one nearly unattainable. Add to that the impact of all-time high mortgage rates. These changes have led aspiring home-owners to be completely priced out of the market....

June 7, 2022

How Much Does it Cost to Build a House?

Over the last few years the housing market has exploded. With historically low mortgage rates, and demand through the roof, finding a house has become harder than ever. As people look towards alternatives, the option of building a house is at the forefront for many. Building your own house provides a degree of flexibility that is not possible simply buying a home, whether it's brand new or...

June 6, 2022

What You Need to Know When Completing a 1031 Exchange

Picture it: You want to buy an investment property using the proceeds from selling another that has appreciated significantly. If you sell traditionally, capital gains tax will take a significant cut, and you might not be able to afford the new property. Luckily, there's a better approach called a 1031 exchange. Let's take a look.

May 27, 2022

General Conditions in Construction: What You Need to Know

Construction projects require an immense amount of planning and attention to detail. It is critical that your construction team properly accounts for all temporary expenses needed to complete the project. these are otherwise known as General Conditions.

May 27, 2022

What does IRR Mean in Real Estate and How to Use it?

When evaluating financial investments on past performance or future potential, an investor wants a definite measure to gauge return. Unlike securities such as stocks, determining the return of real estate properties is not as simple as checking a stock exchange. There are many layers to investing in commercial and non-commercial real estate, which can complicate a clean metric for an investor's...

May 26, 2022

Cap Rate: Definition & Formula Explained

Cap rates are the most common tool utilized to evaluate real estate investments. However, the proper definition of cap rates is commonly misinterpreted by the real estate community. This article explains the definition and formula for cap rates and explores an example and application of cap rates.

May 16, 2022

Basics of Cash-on-Cash Return for Real Estate Investors

When looking at a new real estate investment property, it is important to provide justification for the purchase. That is where financial metrics assist by breaking down past performance and projecting future earnings of the property. However, understanding and implementing these metrics can be difficult to do. This article seeks to alleviate some of that pressure by defining and providing use...

May 13, 2022

Change Orders: What, How, and Why?

Construction projects are inherently complex. For the most part, no contractor or owner can foresee the challenges that their project might face throughout the construction timeline. Supply chain issues, weather disruptions, or aesthetic preferences might shift the scope of a project. Change orders serve as a necessary mechanism to allow both the contractor and owner some flexibility within a...

May 13, 2022

Everything You Need to Know About Construction Loans

Unless you have mounds of cash lying around, you might not be able to pay for a construction project upfront. That's where construction loans come in handy! Here is your introductory crash course on construction loans…

May 7, 2022

California SB9: What is this Controversial Bill?

California needs more housing. In January, the state senate passed a new bill in hopes of generating millions of homes. What is SB9, and will it work? Let's talk about it.

May 6, 2022

What is a Schedule of Values, and Why is it Necessary?

When starting a new construction project, success can be determined by your understanding of the loans, fees, and costs involved. Here is your crash course in construction loans and contingency. We will go over different types of loans, how to get them, and the contingent costs associated.

May 5, 2022

Investor's Guide of Net Operating Income (NOI)

Net operating income is a measure of revenues vs operating expenses for real estate properties. Real estate investors need to understand and be able to calculate net operating income to properly evaluate investments. The following article explains the definition and formula for net operating income and explores an example and application of net operating income.

May 3, 2022

Construction Contingency: Everything You Need to Know

When starting a new construction project, success can be determined by your understanding of the loans, fees, and costs involved. Here is your crash course in construction loans and contingency. We will go over different types of loans, how to get them, and the contingent costs associated.

April 26, 2022

Building an ADU in your backyard: Accessory Dwelling Units from Costs to Construction

In today's expensive real estate market, some homeowners are looking to add extra space on a budget. ADUs can add a new guest house, office, or playroom to your property, but how much do they cost?

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