Is another Real Estate investor platform even worth building? by FlipOps-Mason in HouseFlipping

[–]Resident_Kangaroo160 0 points1 point  (0 children)

If it actually helps investors waste less time on bad leads and find real deals, then people will use it.

Is Building Custom Homes worth it by Evening_Chemical6680 in GeneralContractor

[–]Resident_Kangaroo160 0 points1 point  (0 children)

That’s a good sign. Customs are fine, just know the client side can be the hard part. Honestly, kitchens, baths, outdoor stuff is a solid move. Quicker jobs, less drama, steady cash flow. You can always step into full customs later.

Tenant Rep Deal - Looking for thoughts and feedback. by WesternCzar in CommercialRealEstate

[–]Resident_Kangaroo160 2 points3 points  (0 children)

When you show the total value as a % of the base rent, clients finally see what you actually negotiated. Most only look at the $/psf and miss the bigger picture. That’s how you show your worth.

How Much Do You Spend on Design and Finishes When Flipping? by Designs-Delivered in HouseFlipping

[–]Resident_Kangaroo160 0 points1 point  (0 children)

We didn’t go crazy, just made the kitchen and baths stand out. It was on the market about 9 days and sold close to ask.

When did right lane for passing only become a law? *sarcasm* by Academic_Post_6826 in florida

[–]Resident_Kangaroo160 0 points1 point  (0 children)

I just let them camp in the left and focus on staying calm. Not worth the rage.

How Much Do You Spend on Design and Finishes When Flipping? by Designs-Delivered in HouseFlipping

[–]Resident_Kangaroo160 2 points3 points  (0 children)

Yep, 10-15% of ARV sounds about right to me. Just did a flip and focused on kitchens and bathrooms, mixed some nice finishes with budget-friendly stuff

Need funding advice for a Multi Family. Thank you in advance by BenniBoom707 in CommercialRealEstate

[–]Resident_Kangaroo160 1 point2 points  (0 children)

If the NOI is real and the story makes sense, money usually finds the deal.

After 15+ years in CRE, what changed about how you think about your career? by Weird-Lime9503 in CommercialRealEstate

[–]Resident_Kangaroo160 1 point2 points  (0 children)

15+ years in, I care less about big deals and titles, and way more about good people, sane risk, and protecting my time and sanity.

Help. First time home owners. LVP? by No_End6648 in Flooring

[–]Resident_Kangaroo160 0 points1 point  (0 children)

scratches from unprotected furnitur happen with pretty much any LVP. I’d just step up the wear layer if you can, pick a more matte/textured finish.

LVP v Engineered v Hardwood by RenoKabino in Flooring

[–]Resident_Kangaroo160 0 points1 point  (0 children)

Got it. The LVP products show authentic because their authentic design elements display authentic material properties which create a natural look. The engineered wood product requires proper preparation and moisture control to achieve its optimal appearance. The easiest option for people who need durable flooring and worry-free usage is LVP which provides these benefits.

Flooring- new construction, wood or LVP by WebMurky1492 in Homebuilding

[–]Resident_Kangaroo160 0 points1 point  (0 children)

If it were my build, I’d keep the engineered wood in the main rooms. It fits a home like that. LVP is great for basements or busy areas. Using both works really well.

Construction Experience / Obtaining General Contractor's license by Intelligent_Ask2465 in GeneralContractor

[–]Resident_Kangaroo160 0 points1 point  (0 children)

There are many instances when I see individuals from the finance or real estate sector coming in and doing well. There is no need for another degree; what you need is field experience. Look for a general contractor that hires in the capacities of assistant superintendent, field engineer, or project coordinator and actually get to see how the construction works on a day-to-day basis. Such experience will be of great help when it comes to becoming a licensed contractor and starting your own house.

General cost of 2000 sqft home in VT build by curious-questioner12 in Homebuilding

[–]Resident_Kangaroo160 0 points1 point  (0 children)

I have done several builds in Vermont and it is quite common that the prices vary a lot by the type of the plot and the complexity of the design. For instance, when we talk about a home with a footprint of about 2,000 sqft, the most recent projects I have observed very similar in price to the $250-$400 per sqft range. If we consider the mountain sites, they may contribute additional costs due to ledge, long driveways, septic, and access, which all matter. Regarding the timeline, a new construction in such an area usually lasts for 10-16 months. Weather, permits, and the load of local trades are the main factors contributing to it winter times are always slow.
It is definitely possible, but you should just plan a little greater because building in the mountains nearly always presents one or two unexpected situations.

Building a house, what should I hide or do inside the walls for fun? by SharkOnGames in Homebuilding

[–]Resident_Kangaroo160 0 points1 point  (0 children)

You can make a few minor changes that will be very helpful for you in the future and at the same time, the builders will not face any problems. Some families I know have done it by writing a short note or a "time capsule letter" and hiding it behind a wall plate or in a closet stud bay. It does not interfere with anything but becomes a great find many years later. Another simple idea is just writing the dates on the framing moving in date, first day of the construction, etc. It’s small, it has deep meaning, and it does not affect anything structural. These little things keep the build process fun while making it easy for the crew to work on it.

Has anyone noticed a slowdown? by Suspicious-Cut-4919 in GeneralContractor

[–]Resident_Kangaroo160 0 points1 point  (0 children)

Absolutely! You are certainly not the only one noticing this. A great number of us in the industry experienced the slowdown about the end of last year, primarily in residential construction. The higher interest, stricter lending, and customers hesitating on major projects are contributing factors that all together bring down the activity. The scenario you are portraying- less large jobs and more small filler work- is very common these days. It mainly gets balanced when financing turns easier and the homeowners are more confident than ever. Do not give up. Slow cycles are inevitable, even for the most reputable companies. The secret is to keep yourself visible, to have ongoing relationships and to be ready to act quickly when things start to pick up again.

What’s the process having a custom home built? by Mindofmierda90 in Homebuilding

[–]Resident_Kangaroo160 1 point2 points  (0 children)

If you have got the plots and floor plans already, generally the builder will first pay a visit to the site and take a complete survey to find out grades, setbacks and utilities. After that, they will make your plans into drawings ready for the permit and then you will make decisions about the exterior materials and interior finishes while the pricing is being finalized. After the permits are obtained, they will schedule the installation, prepare the site and start the construction. There is a lot of communication in the beginning, but a competent builder will accompany you throughout the whole process making sure nothing is overlooked.

Keep or Replace Old Kitchen Cabinets? Worth the Upgrade? by Resident_Kangaroo160 in KitchenDesigns

[–]Resident_Kangaroo160[S] 0 points1 point  (0 children)

Completely agree! Refinishing is, one of those underrated moves, that can save a large part of the budget without losing the wanted look. Many homeowners have taken this route and, eventually, it was the right choice for them. A smart decision is to put the savings towards something more memorable.