All Forum Posts by: Quest Web

Skip to content

Quick search links

Find an Agent Find a Lender Hard Money Lenders Podcast Books

Pick Markets

Market Finder - NEW PRO Picking a Market Workshop PRO Picking a Market Worksheet Top 100 Cash Flow Markets Market Insights - Sunbelt Region

Market finder

Pinpoint the best real estate market for your specific goals with expert recommendations and real-time data on appreciation, affordability, rent-to-price ratio, and more.

Pro membership

Get unlimited access to tools and resources that make it easier to find, analyze, and manage deals with confidence!

Find Deals

BiggerDeals NEW Off-Market Deal finding PRO Real Estate Syndications Investor-Friendly Agents Find Foreclosures Community Listings (FSBO) Business Directory

NEW! Find Cash-Flowing Deals Fast

Search nationwide listings with built-in cash flow analysis.

Invelo - off market deals

Scale your portfolio with off-market deals.

Calculators

Rental Property Calculator PRO Rehab Estimator PRO Rent Estimator PRO BRRRR PRO Fix & Flip PRO Short-Term Rental PRO Sell vs. Keep PRO Landlord Insurance Calculator by Steadily All Calculators

Rental property calculator

Is it a good deal? Run your numbers like a pro with this simple yet powerful calculator.

Run the Numbers

Rent estimator

Understand how much rental income you can expect based on recent reports and data for your specific property.

Plans & Pricing

Pro Membership Business Membership

Try PRO for 7 days completly free

Avoid mistakes and make informed decisions with Pro.

Start Free Trial

Grow your business

Promote your business on BiggerPockets and make quality connections with the right investors.

All Books

Best Sellers Browse All New Books & Pre-Orders Bundle & Save Books for Beginners

Flip your way to financial freedom

Scale your investment framework with this valuable guide to compounding real estate success.

Outsmart the short-term rental competition

Cash in on the exploding STR market with this must-have guide from expert Avery Carl.

×

Try Pro Features for Free

Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.

Followed Discussions Followed Categories Followed People Followed Locations

All Forum Categories

All Forum Categories

Followed Discussions

Followed Categories

Followed People

Followed Locations

Market News & Data

Market Trends & Data

Buying & Selling Real Estate

Out of State Investing

Real Estate News & Current Events

Real Estate Technology

Investor Mindset

General Info

BiggerPockets Exclusive PRO Area

General Real Estate Investing

BPCON

New Member Introductions

Questions About BiggerPockets & Official Site Announcements

Off Topic

Starting Out

Real Estate Success Stories

Real Estate Horror Stories

Real Estate Strategies

House Hacking

Commercial Real Estate Investing

BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Mobile Home Park Investing

Innovative Strategies

Land & New Construction

Multi-Family and Apartment Investing

Wholesaling

Rehabbing & House Flipping

Short-Term & Vacation Rental Discussions presented by

Tax Liens & Mortgage Notes

Medium-Term Rentals

Buying & Selling Small Businesses

Outdoor Hospitality

Landlording & Rental Properties

General Landlording & Rental Properties

Managing Your Property

Marketing Your Property

Tenant Screening

First-Time Home Buyer

Real Estate Professionals

Mortgage Brokers & Lenders

Contractors

Real Estate Agent

Financial, Tax, & Legal

Creative Real Estate Financing presented by

Personal Finance

Private Lending & Conventional Mortgage Advice

Insurance

Tax, SDIRAs & Cost Segregation presented by

Foreclosures

1031 Exchanges presented by

Goals, Business Plans & Entities

Legal & Legislation

Real Estate Classifieds

Classifieds

Real Estate Events & Meetups

Reviews & Feedback

Ask About A Real Estate Company

Real Estate Deal Analysis & Advice

Guru, Book, & Course Reviews

Syndications & Passive Real Estate Investing

Quest Web has started 2 posts and replied 4 times.

Originally posted by @Clifford Paul:

Just got a quote yesterday from my builder @ $105 sq ft new 4 Plex. Last year paid $102 sq ft on 2 new houses. But I'm in Texas with cheap labor.

Whats the lot size are you using? And how much will be your total construction cost on $105 sq ft price.

0 Votes

Originally posted by @David Sisson:

Let's imagine:

100K for the lot

4 units at 1000 sf each, 2 beds, 2 baths each. These would be small units. 4000 SF total.

I don't know what your cost of construction is, but up here we are looking at roughly $175/sf. That means $700K of construction cost. I'd say NO in your case, unless you can magically cut the cost in half. Even more challenging if you want to have larger / more lux units. This is the reason that so many of our clients - even in hot markets like Boston - are renovating existing buildings rather than building new.

Nothing luxury but clean basic apartments with marble top and stainless steel appliances.

0 Votes

Hi. I don't own any homes and plan to buy my first real estate. I'm thinking the possibility of building a fourplex in the greater Atlanta area. At first, I thought about buying an old one, but the Atlanta market is crazy hot. Nothing good ever hits the market. I just want to know what price I would be looking at. I want to build a decent fourplex, each unit consisting of 2 beds, 2 baths. If I buy a lot at 100k at a decent location, do you guys think I can get it built in 300 to 350k. We are looking at 8 beds and 8 baths.

1 Vote

Hi. I don't own any homes and plan to buy my first real estate. I'm thinking the possibility of building a fourplex in the greater Atlanta area. At first, I thought about buying an old one, but the Atlanta market is crazy hot. Nothing good ever hits the market. I just want to know what price I would be looking at. I want to build a decent fourplex, each unit consisting of 2 beds, 2 baths. If I buy a lot at 100k at a decent location, do you guys think I can get it built in 300 to 350k. We are looking at 8 beds and 8 baths.

0 Votes