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56
Posts
15
Votes
Floyd Johnson
  • Real Estate Agent
  • Orlando, FL
15
Votes |
56
Posts

Traditional build, barndo or ez place modular

Floyd Johnson
  • Real Estate Agent
  • Orlando, FL
Posted

Considering the long term benefits, more than just the real estate itself but experience in the situation that presents itself. I closed on a duplex and a SFH together on adjacent parcels. Just did light reno of the 3/1 and 1/1 duplex. Will start reno in 3/1 sfh on adjacent property this week. I have another .3 acres that is zoned to have up to 7 more units. I have mapped out space for 2 more duplex. My delima is build traditional, gain the experience and have 3 renovations and 2 new builds on same lot at same project? Go a little easier with a barndo or even easier with a manufactured duplex placed and leave it? All of these will be rental as the current 2 buildings put me over 2/1 ratio. Is the experience to build and have that resume started enough for the extra cost and work? I do plan to build and fix and flip in future. Not sure this is the right time to start as I can start getting more cash flow within a month with manufactured duplex.

  • Floyd Johnson