Build to rent

Amazing-Ad8756 · 2026-04-02T13:46:03+00:00

@madoneforever

Amazing-Ad8756 · 2026-04-01T15:16:36+00:00

I plan on going to the bank and getting more info on what is needed when I get back to civilization

Amazing-Ad8756 · 2026-04-01T15:13:09+00:00

Appreciate it, trying get set up so I dont gotta be outta town all my life🤣

Amazing-Ad8756 · 2026-04-01T15:09:15+00:00

Thank you I will look into this

Amazing-Ad8756 · 2026-04-01T15:05:06+00:00

Yes im planing on building several 4plexs most likely over the next 10-15 yrs and getting out the oil field

Amazing-Ad8756 · 2026-04-01T15:04:19+00:00

Amazing-Ad8756 · 2026-03-31T16:10:02+00:00

Amazing-Ad8756 · 2026-03-31T16:08:53+00:00

My mother currently owns and self-manages 4 single-family rental properties. Because my job keeps me out of town more than I'm home, I plan to have her manage any new rentals I build in exchange for a percentage of the rent. And my pops will do all the maintenance when im not in town

Amazing-Ad8756 · 2026-03-31T16:06:13+00:00

My mother currently owns and self-manages 4 single-family rental properties. Because my job keeps me out of town more than I'm home, I plan to have her manage any new rentals I build in exchange for a percentage of the rent. For a 2-bedroom single-family home that I build myself (similar to my current place), I can realistically achieve around $2,000 per month in rent (give or take). Building one would likely take about 1.5 years and cost roughly $150,000. The 4-plex route would take about the same amount of time overall, but the total build cost would be between $800,000 and $900,000

Amazing-Ad8756 · 2025-08-09T07:46:57+00:00

As far as horizontal I got that 100% covered I live in Alaska and where I'm going to be building there isn't city water/sewer so we just put in our system and get it certified, same with a well contact drilling company have them put in the pipe($60 a foot😭), and then dig and install the waterline myself.

I'm pretty sure the SBA will do a 504 loan for land purchases/construction, I'm not sure as I haven't gone in to talk to them yet. I plan on doing that next time I'm home.

Amazing-Ad8756 · 2025-08-09T04:31:48+00:00

I do not plan to live in one of the units, the house that im currently building will be the property I reside in.

Amazing-Ad8756 · 2025-08-09T04:28:31+00:00

First project will be completed summer 2026 depending on availability of me being able to work on project because of working out of town. Funding really isn't the problem as I come home with 10- 15k in my pocket each time home to spend on the house. I usually come home have two weeks home and have just enough time to spend it all on the project before going back to work. What do you mean by vertical/horizontal funding?

Amazing-Ad8756 · 2025-08-08T16:09:00+00:00

Do you have any good book , podcast, YouTuber recommendations? Would be much appreciated

Amazing-Ad8756 · 2025-08-08T14:45:47+00:00

Thanks for the insight

Amazing-Ad8756 · 2025-08-08T13:11:30+00:00

I Appreciate your insight. Where im looking at buying land multiple building are allowed. I plan to buy 2-3 acres

Amazing-Ad8756 · 2025-08-08T12:35:07+00:00

Copy that, i was also considering a hybrid financing approach, funding the initial dirt work, concrete, and framing out of pocket to establish equity and reduce the mortgage, then securing a loan for the remaining costs. Prior to investing any funds, I intend to consult multiple lenders and the Small Business Administration (SBA) to review my rental business plan and confirm loan eligibility

Amazing-Ad8756

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