The Creative BRRRR Strategies Podcast
Ready to succeed in the Real Estate Investing Industry? Join us at ‘The Creative BRRRR Strategies Podcast’ to learn about investment strategies; ask questions and get answers from our community of Creative BRRRR Strategies members; connect with investor-friendly power team real estate players; and so much more.
‘The Creative BRRRR Strategies Podcast’ aims to help its listeners “make more sales and earn higher commissions by learning directly from real estate’s top performers.”
You will learn from up-and-coming real estate professionals Nationwide.
Boasting guests Nationwide, we will aim to ask the questions that matter and implement strategies that will help listeners make more money in real estate.
The Creative BRRRR Strategies Podcast
S1E27 - Construction Costs For Real Estate Investors In 2024
Joseph, a direct private lender in the asset-based lending space, shared updates about the company's offerings, which now include single family 30-year fixed loans, DSCR, and new construction loans of up to 90% loan to cost. He also mentioned that the company provides portfolio loans and unsecured business side accredited strategy discussions.
Joseph discussed the current construction costs for real estate investors in 2024 and highlighted that the company offers a rehab construction budget spreadsheet to help evaluate deals. He also touched on the rising trend of home ownership waning, with more people opting for renting and buying investment properties instead.
Joseph discussed strategies to reduce construction costs in real estate development. He emphasized the importance of planning and designing efficiently, using cost-effective materials, optimizing construction processes, negotiating with contractors, and utilizing technology to improve efficiency. He also highlighted the need for being economical in decisions and having a contingency plan for unexpected costs.
A buy-and-hold investor himself, Joseph offered advice on how to save money on materials and labor by shopping around, doing work in bulk, and considering less conventional options. He also warned against overestimating one's abilities and highlighted the potential risks and costs of unforeseen issues that may arise during construction.
Contact Our Sponsors
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Perkitech - https://perkitech.com/
Realty411 - https://realty411.com/
MB Capital Solutions - https://mbcapitalsolutions.com/
Joseph @ Lendmarq - https://www.linkedin.com/in/josephvscorese/
Contact Us
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Main Website - https://creativebrrrrstrategies.com/
Podcast Site w/ All Links - https://thecreativebrrrrstrategiespodcast.buzzsprout.com/share/
Email - info@creativebrrrrstrategies.com