Updated almost 3 years ago on . Most recent reply
What fees do residential home builders account for?
I have found a great wholesale opportunity for a tear down and am not sure what fees to add to my numbers. Rehab fees just use the 70% rule. Is there a specific rule for new builds?
Most Popular Reply
When you say "fees" are you asking about cost to build? Or fees that builders add to cover their overhead? To build a new home in my neck of the woods (CBus Ohio) costs can run $200-300 per square ft. This is a very vague area because there are so many levels of finishes. I.E. Poured wall or block foundation, full basement, crawlspace or slab on grade. Mind you this is just for the foundation.