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Updated 10 months ago on . Most recent reply

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Alex Yang
  • Investor
  • Central Texas
0
Votes |
6
Posts

Feasibility in Building a BRRR

Alex Yang
  • Investor
  • Central Texas
Posted

Professional remodeler, first time builder. It has been my life's mission to build my own duplex, house hack it & use it to catalyze the BRRR cycle.

As I get closer to breaking ground on the project, I'm still not 100% confident in it's feasibility due to the costs of land & construction considering it is mandatory to secure an appraisal 20% above build & land cost. 

Are there any central Texas builders out there that can offer me some guidance with these concerns?

Most Popular Reply

User Stats

2,655
Posts
3,043
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Scott E.
  • Contractor
  • Scottsdale, AZ
3,043
Votes |
2,655
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Scott E.
  • Contractor
  • Scottsdale, AZ
Replied

I've remodeled dozens of houses and done a handful of ground-up construction and I'll give you some reassurance... Ground-up construction is 10x easier than remodeling an old house.

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