How to Develop Duplexes with Zero Cash - Build to Rent Real Estate Training

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RehabValuator

RehabValuator

Күн бұрын

Пікірлер: 186
@RehabValuator
@RehabValuator 2 ай бұрын
Free Land Due Diligence Checklist: RehabValuator.com/list Free Land Video: kzbin.info/www/bejne/qJuYiqBjgryNkLc 7 Ways to Find Cheap Deals: kzbin.info/www/bejne/foaQkmVsfqiGq6M **The Software Used In This Video is called Rehab Valuator. It does everything from deal analysis to lender presentations to full project management and tracking! Get 2 Week Test Drive Here: RehabValuator.com/try
@youtubait1
@youtubait1 2 ай бұрын
Can you be available for a quick consultation?
@Keyisthemindset
@Keyisthemindset 2 ай бұрын
I want to come back here in a year from today and tell you I finished building my duplex. I did the same thing one of the videos where I promised to buy a house and I did so shall I build a duplex by Aug 2025. Thank you for this, I have been following you and almost watched all you videos and this is better than my NYU masters program
@RehabValuator
@RehabValuator 2 ай бұрын
Better than NYU Masters - I'll need to frame up this one :) Appreciate the awesome feedback. See you in a year when you finish your duplex!
@zerofactor7871
@zerofactor7871 2 ай бұрын
Watching your videos gives me reassurance that I can make this happen. It's easy to get scared of taking all these steps, but the way you lay it all out reminds me that at the end of the day, it's not that complex.
@RehabValuator
@RehabValuator 2 ай бұрын
Glad to hear it. It's not complex. Like they say "It's simple but not easy". Just requires patience and hard work.
@lifestylerules931
@lifestylerules931 2 ай бұрын
I am in same boat. It’s the first steps that makes one cringe. Needs a mentor who knows what they doing. Good work.
@StardustMonkey
@StardustMonkey 2 ай бұрын
I did this in California, it took 5 years, the lot cost $240k we spent $6,600 in civil engineer to draw the map for the subdivision, and the subdivision cost $36,000 from the city and involved a series of community meetings spaced 6 months apart, we had to hire an architect to show what we are going to build cost about $24k… the holding costs on our lot loan for the 5 years ended up being $90K… we shopped around a lot and in the Bay Area the costs for civil map and architect where the cheapest we could find. After the split was done I sold one lot for $200k. So it still cost alot for remaining lot. But if I did it again on this area I would have realized the timing and subdivision cost is the same for 2 lots and 8… so if I could redo it I would go for a lot that could be divided for alot more lots.
@StardustMonkey
@StardustMonkey 2 ай бұрын
The other issue here is no one will accept a contract of longer than 1 month because there is huge contingent of cash buying investors fighting over every possible buildable property. So you have to jump in and buy it fast and deal with a loan or private money investor
@RehabValuator
@RehabValuator 2 ай бұрын
That's why you have to find off-market deals that everyone is not fighting for, which I realize may be tougher in your market
@TheOriginalCryptoPimp
@TheOriginalCryptoPimp Ай бұрын
Why did it take 5 years? That's a loooong time for a small project. I worked for a hospital that cost $1.2b to build. They completed it in 4 years.
@StardustMonkey
@StardustMonkey Ай бұрын
@@TheOriginalCryptoPimp design and engineering took about 4 months on our end… then we submitted they got back to us in 9 months saying that access was an issue and despite them saying we could split the way we wanted in person the planner assigned to our project “disagreed with how the law is applied” so we considered suing at that point but we came up with another solution that worked a little better! Resubmitted a couple of months later and then Covid hit and they did not even reply to us for 1.5 years. Then they got back to us and held 2 community meetings spaced apart by 6 months … then finally in 2022 our lot was split and finalized but the assignment of addresses and new APN numbers took 1 additional year.
@pfusiontechnologies9715
@pfusiontechnologies9715 29 күн бұрын
​@@TheOriginalCryptoPimpI can only assume he ran into political bull crap like I did in Riverside County California. Took 4 years for my split after paying thousands in fees and soil tests, architects. The same nonsense. Why I am focusing more in Georgia and Illinois these days. California is problematic.
@SucceedREI
@SucceedREI 2 ай бұрын
Hey Dan! I just came across your channel. I have a very similar story to yours. I came to the US from Belarus when I was 12. Got into real estate in 2011. Grew my portfolio to 185 units in upstate New York and left my corporate job in 2020. I also post videos sharing things that I've learned along the way. Let's connect!
@RehabValuator
@RehabValuator 2 ай бұрын
Awesome! Nice channel you got. What's your email? I'll reach out - maybe we can collaborate in some way. Thanks!
@dakotafleming5261
@dakotafleming5261 2 ай бұрын
I have been following you for a while, Dan. You are awesome!! Thanks for all the free tips and for not nickeling and diming people like a lot of investor-coaches do!
@RehabValuator
@RehabValuator 2 ай бұрын
You're welcome and thanks for the kind words! We try :)
@mikeomus7306
@mikeomus7306 24 күн бұрын
Hi Dan, I came across your video and really enjoyed it. I’m an IT risk analyst interested in moving into real estate, particularly in building development. Your videos have been incredibly valuable-far better than some of the so-called ‘gurus’ asking for $10k for training! I’d love to connect and learn more from you if you’re open to connecting.
@thrivecartuniversity
@thrivecartuniversity 2 ай бұрын
Sounds intriguing! The idea of building rental property wealth without any of my own cash upfront or being tied to long-term partners is definitely appealing. I'm always looking for creative ways to generate passive income and real estate seems like a solid option. I'm curious to learn more about this "secret" strategy. It would be great to see if it's a good fit for my financial goals and risk tolerance. Thanks for sharing! I'll definitely check out the training session.
@RehabValuator
@RehabValuator 2 ай бұрын
You're welcome! Make sure you watch the whole video
@jabudi12
@jabudi12 8 күн бұрын
Great vid Daniil!! Appreciate all the knowledge. I’m also in Richmond, VA as a realtor and aspiring investor with a construction+finance background. Would love an opportunity to connect/pick your brain sometime! Blessings.
@RehabValuator
@RehabValuator 8 күн бұрын
Glad you're enjoying the content! That being said I am pretty much on overload of people trying to "pick my brain" :)
@markmcgrath9294
@markmcgrath9294 Ай бұрын
Daniil, is who he says he is. I meet him early on as I knew an architect doing work for him. He was kind enough to meet me for lunch and walk me through some of his rehabs.
@RehabValuator
@RehabValuator Ай бұрын
Good hearing from you, Mark and I appreciate the kind words!
@Easyservice-x8q
@Easyservice-x8q 2 күн бұрын
I learned a lot watching your videos
@RehabValuator
@RehabValuator Күн бұрын
Very glad to hear it!
@Easyservice-x8q
@Easyservice-x8q Күн бұрын
@RehabValuator I watch all your videos
@josefiol9520
@josefiol9520 Ай бұрын
Hi, this is one of the best videos I have seen in youtube about this topic. Do you offer any training program?
@RehabValuator
@RehabValuator Ай бұрын
Hi there. Working on a more structured training program now. Make sure you grab a Rehab Valuator account for now - that will get you on our email list as they will be the first to get notifications when it's ready!
@samuelabebe1354
@samuelabebe1354 2 ай бұрын
Just subbed to your channel! I loved this video because it was exactly the type of investment strategy I was thinking about doing. BTW anyone can totally do this with an FHA new construction loan, they finance the construction period too! The equity in the property will cover the 3.5% down payment requirement. Also, I highly recommend this strategy for someone buying their 1st house! The reason is, you can live on one side, while the other side pays your mortgage! ❤❤
@RehabValuator
@RehabValuator 2 ай бұрын
Great points!
@samuelabebe1354
@samuelabebe1354 2 ай бұрын
@@RehabValuator Actually.... the FHA New Construction Loan let's you BUY THE LAND TOO! Sheesh, this is the perfect strategy for developing a portfolio!
@veramoffitt5550
@veramoffitt5550 2 ай бұрын
Thank you for the most valuable information. If I can get over my fear I could finally develop the four lots that I own. I always wanted to know how I can develop the land that I own in Tampa. Now I can look at trying to find funding. Thanks.
@RehabValuator
@RehabValuator Ай бұрын
You already own the land. So you're part of the way there already. Keep going!
@shawnweaver3955
@shawnweaver3955 2 ай бұрын
I really enjoy your videos. Somehow they make more sense to me than others out there. My goal is to own a small portfolio of high-quality multi-family units, and this strategy make sense
@RehabValuator
@RehabValuator 2 ай бұрын
Love it! Let's go!
@TheBarnesJourney
@TheBarnesJourney 2 ай бұрын
Hi @rehabvaluator, thank you so much for your time in putting this great video together..it was truly informative. I’m so happy your video popped up on my feed. Question for you, what if I financed a land and put 20% down and then build a single family duplex. 100% construction loan from the bank as well. Then sell one single family duplex to recover at least 70-80% of the total project costs and keep the other single family duplex as a rental. And then do a cash out refi on the rental for the next deal. Can you help explain the pros and cons to this method? Example, land costs 140k, 20% down payment on land purchase price, construction loan is 500K. After duplex is built, I sell one property for 450k to pay back some of the loan and rent out the other duplex for passive income. Then do a cash out refi on the property I’m renting to put into another deal. I want to learn to invest in real estate so any feedback is greatly appreciated. Thank you!
@RehabValuator
@RehabValuator 2 ай бұрын
Glad you're thinking creatively about dealmaking and that strategy certainly can work but I don't have time to dissect your numbers here and coach you :)
@ephremasebe7686
@ephremasebe7686 2 ай бұрын
I see that you are creative and willing to share your knowledge.
@RehabValuator
@RehabValuator 2 ай бұрын
Yes, thank you
@kristinaperry8627
@kristinaperry8627 2 ай бұрын
Inspiring video! Have you ever had a problem with the buyer of your split lot building something awful next to your property?
@RehabValuator
@RehabValuator 2 ай бұрын
It's certainly a risk. If we're going through any type of rezoning, there are usually specific plans that are approved for each lot that buyer must follow. But even if not, you can always try to put in deed restrictions on materials, size of property that will be built etc. It may discourage some buyers - fyi
@gregbainer2430
@gregbainer2430 2 ай бұрын
Great presentation! Do you retain control for architectural guidelines for the lots you sell off that adjoin your property? All of your projects are over the top!
@RehabValuator
@RehabValuator 2 ай бұрын
Thank you. If it's by right zoning then we don't retain any extra architectural guidelines. If something goes through a rezoning, there are usually very tight architectural and site parameters tied to the project even if we sell the lots to someone else. I just sold 4 lots that come with very specific plans that must be built on them, for example
@johancabrerao
@johancabrerao 2 ай бұрын
Your videos are the best on the internet. Building my first quadplex next year. Your videos have helped a ton in learning to analyze the land and how the numbers should work.
@RehabValuator
@RehabValuator 2 ай бұрын
Best on the internet is a strong endorsement! :) Thank you!
@SCCP843
@SCCP843 2 ай бұрын
@@RehabValuatoryes it true u explain very well I understand what you are saying 😊
@RehabValuator
@RehabValuator 2 ай бұрын
@@SCCP843 thank you!
@Careybey
@Careybey 2 ай бұрын
I third that😂 best overall and unmatched detail step by step guide. 💯😎💎
@JSERVFINANCE
@JSERVFINANCE 2 ай бұрын
Thats a fourth for me. I been following and message Daniil in the beginning when I bought land maybe been 4 years now? I plan to start the build in 2025. Paid off lot. Thanks Daniil
@capitalsynergies2384
@capitalsynergies2384 17 сағат бұрын
Hi! I just discovered your channel, and am loving the content. I have a question. At 3:53, you say that your first reason for preferring duplexes is because they can be built by residential, rather than commercial, building code. Is that also true of triplexes and quads?
@RehabValuator
@RehabValuator 15 сағат бұрын
In my market no. Building code is state specific and sometimes even different locality to locality. I dive deeper into that topic in this video: kzbin.info/www/bejne/d3bKnqempseXftE
@nico_lyons
@nico_lyons Ай бұрын
New sub, love your videos super informative! Im finishing a new construction here in CA and starting another build in my backyard in San Diego but contractors are a nightmare to come by around here. I want to develop out of state for a million reasons, mainly faster permitting, looser zoning and lower costs. Curious how you find your contractors? I typically drive around and talk to subs on jobs in my area but with investing out of state I wont be able to do that, or atleast as easily
@RehabValuator
@RehabValuator Ай бұрын
Hey Nico. Every great sub or GC I've ever worked with has come as a referral from other people in my market I trust. So if you're entering a new market, tap into investor/builder networks there first. If you're building remotely it's 3x more important to have a great ground team so tread carefully and slowly
@mmcleod111
@mmcleod111 Ай бұрын
Excellent information. Thank you for sharing Daniil!
@RehabValuator
@RehabValuator Ай бұрын
You're welcome, Mike! Good hearing from you!
@ThePorshaEdmun
@ThePorshaEdmun 2 ай бұрын
I’m glad you did this video based on CURRENT Market rates/ today
@RehabValuator
@RehabValuator 2 ай бұрын
I am glad that you're glad! :)
@onlydavid
@onlydavid Ай бұрын
Just starting your video and hoping that me and my 7600 sq ft lot near downtown Dallas is going to benefit…
@RehabValuator
@RehabValuator Ай бұрын
Dallas is a great market and if you're near downtime then it's probably a pretty valuable piece of land!
@robertglover6538
@robertglover6538 2 ай бұрын
Love your extra work here showing us your work
@RehabValuator
@RehabValuator 2 ай бұрын
Glad you're liking it!
@denisvigil4558
@denisvigil4558 2 ай бұрын
thank you!! video was great. Your software is key.
@RehabValuator
@RehabValuator 2 ай бұрын
You're welcome and glad you think so!
@clauzone79
@clauzone79 16 күн бұрын
Hi Daniel, excellent video. I plan to buy a land 1.300 m2 for 150.000 eur, then split in 2 with a friend. So I invest 25k cash and 50k I take private bank credit. Then market value of land is 100k. Based on this I need construction load for 2 duplex on 650m2 land, 120m2 each duplex X2. I will need bank to fund me 250k for construction. Rent 2k/month for 2 duplexes. What you think?
@RehabValuator
@RehabValuator 15 күн бұрын
I think you should get an account with Rehab Valuator and run the #s! :)
@jack-ml7br
@jack-ml7br 2 ай бұрын
Amazing video Questions: So where does the money down come from to secure the land? Would this be the only real hard money requirement? What percentage of money down is typically required for land purchases?
@RehabValuator
@RehabValuator 2 ай бұрын
Money to secure the land (EMD) can come from your own funds, a credit line, a short term unsecured lender or a short-term partner. We typically put down a few thousand dollars
@jack-ml7br
@jack-ml7br 2 ай бұрын
@@RehabValuator Doesn't the bank require 15-25% down for land depending on if it's improved or not? If not, that's great! As a follow-up. I guess this structure is dependent on selling the smaller lots that come from the restructuring. Any further guidance on how to streamline the selling of those? From what I hear it can be a long process to sell land. A video on this would be awesome!
@AlphaRealEstateServices
@AlphaRealEstateServices Ай бұрын
Awesome Video! Love it, always wanted to learn a little bit more about the subdividing and how that works! Btw we do PMPs and PMLs, feel free to reach out
@RehabValuator
@RehabValuator Ай бұрын
Glad you found it valuable. Make sure you check this one out too: kzbin.info/www/bejne/qJuYiqBjgryNkLc
@whymindsetmatters
@whymindsetmatters 2 ай бұрын
Thank you for this presentation. I appreciate you sharing your knowledge with us!
@RehabValuator
@RehabValuator 2 ай бұрын
My pleasure!
@haijinwu2434
@haijinwu2434 2 ай бұрын
Thank you for putting this great video out! Question on the comps - where is the comps data sourced, e.g. mls, government data, how up to date are the comps, and what is the granularity, e.g. by zip code, city or county?
@RehabValuator
@RehabValuator 2 ай бұрын
Our sales comps and rental comps come from multiple sources and we don't typically disclose them. They're nationwide and it's very accurate data in general.
@LuzSMejia
@LuzSMejia 2 ай бұрын
love your videos - thank you this is very informative I am rewatching this as much as I can!
@RehabValuator
@RehabValuator 2 ай бұрын
Glad it was helpful!
@TheOriginalCryptoPimp
@TheOriginalCryptoPimp Ай бұрын
How did you create a $60m portfolio and not have part of ot owned by investors? That's impressive. I'd love to see a video about that. An overview, you don't have to provide all of the details. Congratulations and continued success.
@RehabValuator
@RehabValuator Ай бұрын
Having a separate operating business that generates cash is key. That business generates the equity to then be reinvested in long-term projects. For most people watching this, it can be wholesaling, fix&flipping, hard money lending, etc. The more cash you can generate yourself via an operating biz, the less $ you need to raise from outside.
@crzyfastswimmer
@crzyfastswimmer 2 ай бұрын
Do any of your ideas/plans work for a SoCal market where labor and land acquisition costs are so high? Thanks for the videos!
@RehabValuator
@RehabValuator 2 ай бұрын
I don't know that market so can't say. That's why we teach how to run the #s so that you have the tools to figure that out yourself :)
@biztelegraph5934
@biztelegraph5934 2 ай бұрын
Hi Daniel. How to utilize the software if you are only willing to sell the house after construction is done? I mean no hold and rent stuff. Just use FLIP calculations instead of RENT/BRRR?
@RehabValuator
@RehabValuator 2 ай бұрын
That's correct! Very simple - just use the Flip portion. Check out the 4th video on this page: rehabvaluator.com/knowledgebase
@biztelegraph5934
@biztelegraph5934 2 ай бұрын
@@RehabValuator спасибо.
@DerekJustin
@DerekJustin 11 күн бұрын
The $13,000 at the end can easily come from asking just slightly more for each of the lots. That’s also paid over a long-term.
@davidarias5678
@davidarias5678 2 ай бұрын
Your videos are amazing! Thank you for sharing your knowledge. I have a question: Do you have a Class A contractor License? Or do you hire a Contractor to build these amazing properties? If so, can you share the name of the company?
@RehabValuator
@RehabValuator 2 ай бұрын
I typically hire different 3rd party GCs. That may change next year though. Not in a position to refer our GCs out right now though.
@davidarias5678
@davidarias5678 2 ай бұрын
@@RehabValuatorthank you for sharing.
@RehabValuator
@RehabValuator 2 ай бұрын
You're welcome!
@PhillipHicks-c2e
@PhillipHicks-c2e Ай бұрын
I have .33ac of land in resdential subdivision that i own , i have talk the zonning department said i can put duplex,4unit apt building or sfr, i have rehabvaluator need a push on getting started
@RehabValuator
@RehabValuator Ай бұрын
Let's go!!
@craigcharlestone
@craigcharlestone 2 ай бұрын
Excellent presentation.
@RehabValuator
@RehabValuator 2 ай бұрын
Thank you!
@youtubait1
@youtubait1 2 ай бұрын
Hi Daniil! Amazing content, I subscribed. I have a a question I need your perspective. I have land in a 1M+ subdivision, free and clear. I would like to build and sell. Do you think it is worthwhile being my own general contractor or would it be better to hire a builder? Happy to provide more detail. Thanks again!
@RehabValuator
@RehabValuator 2 ай бұрын
There are pros and cons to GC'ing projects yourself so not really a right or wrong answer. Do you have experience as a GC?
@youtubait1
@youtubait1 2 ай бұрын
@@RehabValuator I don’t have much experience but I am willing to put in the time and use it as an opportunity to learn. I’ve been trying to gain knowledge which is why I found your channel. What do I need to absolutely have if I were to go that route?
@RehabValuator
@RehabValuator 2 ай бұрын
Without experience I would start off hiring GCs and learning as much as you can from them
@chineduoputa8905
@chineduoputa8905 2 ай бұрын
Great work Daniil! Do banks require vacancy baked into the revenue?
@RehabValuator
@RehabValuator 2 ай бұрын
Depends on the deal but often the bank will want you to model a 5% vacancy. On our duplexes I get away with not doing it often as we literally have no vacancy on these. But to be safe you should be modeling a vacancy
@uhhcrave
@uhhcrave 2 ай бұрын
Could you do a video if you have any experience, in rezoning while under contract - what that looks like and how to make the seller receptive to this and for their permission.
@RehabValuator
@RehabValuator 2 ай бұрын
Good topic. I think I touch on that somewhat in the Free Land video but can definitely go deeper
@dbryck1
@dbryck1 2 ай бұрын
Hi Daniil - Thank you for the great content. I have a unique situation. I have a tri-plex in a popular neighborhood that i purchased in 2017. There is enough room in the back to add a duplex, and zoning allows this. However, my first loan is fixed 30 yr at 4% which i would not want to lose. Would this method work with a second position loan for the construction? Or would i have to refi the whole property (5 units eventual) to a high 6+% rate of today?
@RehabValuator
@RehabValuator 2 ай бұрын
I would contact your lender to see if they would release the lien on the rear lot if you separated it out. Can you separate (split) it and build on it by right?
@timuralim4183
@timuralim4183 6 күн бұрын
Hi Dan, like your strategy and vidoes. How to get in touch with you?
@RehabValuator
@RehabValuator 6 күн бұрын
Well, for starters my name is not nor has ever been "Dan". Why do you want to get in touch with me?
@Chrischippi
@Chrischippi 2 ай бұрын
Do you have a video explaining how to find land buyers for when you do a free land deal.
@RehabValuator
@RehabValuator 2 ай бұрын
No but not a bad idea! :)
@Mark-sr7fl
@Mark-sr7fl 2 ай бұрын
Daniil thanks for the vid! When you say split by right and sell, what about underground utilities? You sell after you get those in ? Thanks
@RehabValuator
@RehabValuator 2 ай бұрын
Good question. If I am selling the lots, I let the buy worry about underground utilities to the lot itself. This is infill development so there's always a sewer and water main in the road. If I was doing raw land development then, yes, I'd get utilities in before selling the lots
@Mark-sr7fl
@Mark-sr7fl 2 ай бұрын
⁠@@RehabValuatorso ideally a lot with direct road access and split it and have the buyers individually do the connections to the utilities? So the wider the better for lot ? Narrow isn’t ideal unless price justifies ?
@RehabValuator
@RehabValuator 2 ай бұрын
Narrow works too. We build on as small as 20' lots. It really depends on zoning and what fits into the overall neighborhood
@jayr8799
@jayr8799 2 ай бұрын
Excellent video
@RehabValuator
@RehabValuator 2 ай бұрын
Thank you very much!
@uhhcrave
@uhhcrave 2 ай бұрын
Thanks Daniil!!!!
@RehabValuator
@RehabValuator 2 ай бұрын
You're welcome!
@gaonajon
@gaonajon Ай бұрын
How long do your new development duplex builds take? The time from buying the lot to renting out the units.
@RehabValuator
@RehabValuator Ай бұрын
Permitting should take no more than a month. We can build these in 6 months. This is assuming it's by right zoning. If you need to rezone, then it'll take longer.
@CrisChico
@CrisChico 2 ай бұрын
great job, i wonder if you should keep the thumbnail the same as the others that are doing really well?
@RehabValuator
@RehabValuator 2 ай бұрын
Yo Chico! I am actually testing 2 different thumbnails here :) Which one did you see?
@flipanywhere
@flipanywhere 2 ай бұрын
@@RehabValuator i saw the one with the green background, not your typical one
@BLAZE_DIBIASE
@BLAZE_DIBIASE 2 ай бұрын
Your a God send.
@RehabValuator
@RehabValuator 2 ай бұрын
:)
@jerel2119
@jerel2119 2 ай бұрын
This was pretty interesting. I am in Atlanta Georgia, where it seems in the metro area. They only want multiple single-family homes or large apartments. I also understand that this depends on my credit if I don’t have cash or being able to raise cash is that correct? I was also wondering when I’m able to pull this off I can just start with one duplex, triplex or four Plex correct?
@RehabValuator
@RehabValuator 2 ай бұрын
That's one of the problems. Check out the Missing Middle Housing book. Either single family homes or apartment complexes and nothing in the middle. If you can't build in a specific area you have 2 choices: 1. Try to change the minds of local planning and zoning offices or 2. Go do business elsewhere where this type of development is easier to pull off. And yes, you need cash and bank financing to do this - both.
@jerel2119
@jerel2119 2 ай бұрын
@@RehabValuator OK thanks because I was thinking I may have to go outside of the metro area to do this
@deqasuleiman1290
@deqasuleiman1290 2 ай бұрын
That's right, Thanks daniil.
@RehabValuator
@RehabValuator 2 ай бұрын
You're welcome!
@jack-ml7br
@jack-ml7br 2 ай бұрын
Is there a way to get a confirmation from the county that the land is up scalable before paying the costs for a surveyor, land, you attorney, etc.? I could imagine a scenario where one would spend a couple thousand dollars preparing the application only to then get a no from the county
@RehabValuator
@RehabValuator 2 ай бұрын
You won't likely get a definite confirmation but I recommend sitting down with someone from planning department that reviews these types of applications and feeling them out on whether your idea has a high or low chance of going through. A good land use attorney can also give you guidance.
@jack-ml7br
@jack-ml7br 2 ай бұрын
Thanks Daniil, you’re the man! Do you consult with people? Evaluating and giving your perspective on their deals?
@RehabValuator
@RehabValuator 2 ай бұрын
@@jack-ml7br Not at this time
@suhasbabtiwale254
@suhasbabtiwale254 2 ай бұрын
Hi Daniil , I am very much interested in your training course. Please Guide me further.Thanks
@RehabValuator
@RehabValuator 2 ай бұрын
I don't have a formal development course though I am working on something really cool for 2025. For now all of our development content is here on our youtube channel
@SaveThatMoney411
@SaveThatMoney411 2 ай бұрын
Please make a video on managing the construction firm, to make sure they do quality work and don’t go over budget…
@RehabValuator
@RehabValuator 2 ай бұрын
Good topic! Will add to the list
@thomasdeen8629
@thomasdeen8629 Ай бұрын
Just trying to understand what cash on cash you’re trying to achieve in today’s market with high interest rates? 3-4% or more like 5+% (btw Oct 2024). How about Leverged IRR and Cap Rate? Just trying to apply it to my project and see how it compares and whether is worth doing the project or not.
@RehabValuator
@RehabValuator Ай бұрын
Traditional ground up development these days is cash heavy given the construction costs and cost of $. That's why this particular training is so valuable - you get to go in with a lot less cash. In traditional deals, I am targeting 5-10% cash on cash 1st year stabilized returns. When you factor in all the other benefits of holding property (depreciation, appreciation, amortization), annualized cumulative returns end up being in the mid to high teens easily.
@starlets563
@starlets563 20 күн бұрын
9999$ was hilarious! 😂😂😂
@trindon9439
@trindon9439 2 ай бұрын
Hi, I’ve watch all your videos about the duplex. I showed your duplex design to an architect and he mentioned possible copyright infringement. Can you please provide some context regarding this? I am new to this. Much appreciated.
@RehabValuator
@RehabValuator 2 ай бұрын
He's referring to the fact that he can't just use stuff other architects created. That's why we don't generally share plans or even floor plans usually. What did you share with this specifically? Exterior shots of our buildings?
@trindon9439
@trindon9439 2 ай бұрын
@@RehabValuator I just shared your video.
@lonniemcinnis8135
@lonniemcinnis8135 27 күн бұрын
How long can these projects take
@RehabValuator
@RehabValuator 27 күн бұрын
It really depends on the local market, efficiency of your local government, a few other factors
@Biggnuncio
@Biggnuncio 2 ай бұрын
Do you think this could work in Jacksonville Florida? We have what seems like a bad downtown area and outside of that it is a lot of large built communities. What should I be looking for?
@RehabValuator
@RehabValuator 2 ай бұрын
From what I know Downtown Jacksonville is going through a renaissance no? Lots of development. The short answer is "yes" I think it can but obviously depends on the #s and many other factors
@brettlaw4346
@brettlaw4346 2 ай бұрын
What do you think would be a minimum amount of capital to basically guarantee success? Example: 20% of construction costs and 36 months of holding costs.
@RehabValuator
@RehabValuator 2 ай бұрын
It really depends on the deal. Hard to say. Also depends on what your outside short-term money sources look like
@Chris-bz9pg
@Chris-bz9pg Ай бұрын
the content is great but the video quality is capped at 480p which makes it hard to read
@RehabValuator
@RehabValuator Ай бұрын
KZbin did me dirty on this one for some reason but if you watch this on your desktop/ipad you should have no issues!
@Chris-bz9pg
@Chris-bz9pg Ай бұрын
@@RehabValuator I was watching on laptop using safari. I still watched the whole video and appreciate all the knowledge!
@noamkogan1
@noamkogan1 2 ай бұрын
Can you please reupload it to a higher HD resolution? the highest is 480 quality.
@RehabValuator
@RehabValuator 2 ай бұрын
It takes a few hours to render in HD after upload so should be available in higher quality in a few hours
@firstsergeantcandiobelleus6546
@firstsergeantcandiobelleus6546 2 ай бұрын
So many people aree out there, education courses, it gets pretty exhausting, but I would like to use my VA benefits and assist with my investors but I will need instruction.
@RehabValuator
@RehabValuator 2 ай бұрын
Lots of instruction on our KZbin channel - make sure you check out the other videos!
@SaveThatMoney411
@SaveThatMoney411 2 ай бұрын
Could I do this in NYC?
@RehabValuator
@RehabValuator 2 ай бұрын
The overall concept can work anywhere I suppose. Certain markets are obviously easier to operate in and find inefficiencies than others. I am guessing NYC is not one of the easier markets
@henrywang3942
@henrywang3942 2 ай бұрын
What does it mean when you say “buy right”? I cannot find the definition. Thanks.
@RehabValuator
@RehabValuator 2 ай бұрын
"By right" means it fits the current zoning. You can just submit for building permits without any kind of zoning changes.
@Movewithcarl
@Movewithcarl 24 күн бұрын
This work in Massachusetts
@RehabValuator
@RehabValuator 24 күн бұрын
This a question
@AlienEgyptianGoddess
@AlienEgyptianGoddess 2 ай бұрын
New scriber 👍😎🧠
@RehabValuator
@RehabValuator 2 ай бұрын
Welcome aboard!
@BJ-fu4zy
@BJ-fu4zy 2 ай бұрын
Do you sell your duplex plans?
@RehabValuator
@RehabValuator 2 ай бұрын
We do not. Sorry. I highly recommend you hire a great local architect that understands your local zoning, building codes, construction methods and architectural styles! :)
@jack-ml7br
@jack-ml7br 2 ай бұрын
How do you only put a few thousand down? Doesn’t improved or unimproved land require 15 to 25% down?
@RehabValuator
@RehabValuator 2 ай бұрын
Not to get the contract. Watch it again :)
@MizZzChAvVvOzZz
@MizZzChAvVvOzZz 15 күн бұрын
Look at 'effin Daniil Kleyman comin' in out of nowhere with an off the bench grand slam. This guy will put you on a path to be in the ball park of succeeding if you don't do everything he says. But if you do everything he says and not questioning it --- you'll never really lose. You simply can't.
@RehabValuator
@RehabValuator 13 күн бұрын
Boom!
@BLAZE_DIBIASE
@BLAZE_DIBIASE 2 ай бұрын
Is it possible to partner with u on a 34 acre deal im prospecting in Ohio
@RehabValuator
@RehabValuator 2 ай бұрын
Don't really have the bandwidth to partner outside of my immediate area right now. Sorry!
@jack-ml7br
@jack-ml7br 2 ай бұрын
Genuine Question: are you building new duplexes for $135 a square foot? You mention new construction at$325k for 1,200 unites. I thought new construction would be closer to $200-250 a square foot
@RehabValuator
@RehabValuator 2 ай бұрын
Yes building new for $135/ft not including land. If building larger buildings by commercial code (in my market 3 units and up) it's closer to $185-$200/ft
@jack-ml7br
@jack-ml7br 2 ай бұрын
Thanks for the reply!
@bvssrsguntur6338
@bvssrsguntur6338 Ай бұрын
I have ticktock brain 🤣
@RehabValuator
@RehabValuator Ай бұрын
Hahaha...how long did you last in the video?
@BackintheUSA
@BackintheUSA 2 ай бұрын
Я из Сакраменто. Занимаюсь недвижимостью. Учу людей. Давай свяжемся
@RehabValuator
@RehabValuator 2 ай бұрын
Калифорния - мусор. Будь настоящим русским и переезжай в Нью-Йорк или Майами :)
@DanielBohensky
@DanielBohensky 2 ай бұрын
Surprised the comments aren't filled with Pace Gator lenders yet 😆
@RehabValuator
@RehabValuator 2 ай бұрын
Let's hope it stays that way!
@MrJamesstarks
@MrJamesstarks 2 ай бұрын
Don’t you need builders license?😊
@RehabValuator
@RehabValuator 2 ай бұрын
You hire contractors unless you are licensed to build yourself
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