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Build 2 Rent Real Estate

267 members • Free

213 contributions to Build 2 Rent Real Estate
Breaking Down Numbers!
Hey Everyone... just a friendly reminder that we are going to be putting together some budgets in tonight's BUILD 2 RENT LIVE! Show up early. Open up your excel spreadsheet or your Google Sheet.... Let's crack some numbers to put together a budget to show your LENDER! Let's go! Build 2 Rent, Juan-
Breaking Down Numbers!
1 like • 2d
It was a great class! Thank you for breaking it down so well!
Update on our 1st Duplex Build 🤠
Hey guys! We’ve been super busy with our personal move and getting our other property rent ready but we’re still inching forward! @Richard Salinas 1. We got with a document prep company that our favorite title company uses and they sent us the final deeds for both of our lots; we will be signing and getting them both recorded this week so they will be under our LLC for easier funding. There was a delay with this because of the new FinCen reporting laws that changed but we got it taken care of. 2. We got the water/sewer letter signed and approved and as soon as we get the name updated we will pay the impact fee and finally submit for the permits. We are building in the city of Houston so the impact fee was a surprise to us so be sure to checkout your build areas and add that to the budget! (Just an unexpected $4,300 no biggie 😅). It seems that this is normal inside Houston city limits so now we know! Also, just an fyi if your duplex is over 3,000sqft inside Houston the impact fee would’ve been more but because ours is under they’re counting it as single family even though it’s a duplex. 3. Next week: we submit for the permits 💪🏼 my plan is to get on their new fast track permit approval program which supposedly gets approved in 30 days or less. We will see!
1 like • 2d
Congratulations Team Salinas! I’m excited for you. Thank God a $4300 surprise is no big deal. Thanks for sharing!
Help Needed!
I am hoping to help Juan get some feedback on an idea for his book cover. Please let us know below which one you think is the best, or if another idea needs to be generated. (My personal fav is number 2) Also, comment below if you would be interested in helping support the pre-sale once it is up and running, so Juan can send you the link! https://docs.google.com/document/d/1mo_fNKBGoFZlb6P_kGH2iFvEtPUDlxK7t4x767R8Ns8/edit?usp=sharing
Poll
9 members have voted
Help Needed!
1 like • 2d
Congratulations on the new book!! I’m ready to support the pre-sale.
Truth Bomb!
I steal contractors from big box builders around me... I'm always "on the hunt." It works like a charm for a couple of reasons. - Regular framers: Team of 4 will take a couple/few weeks to frame - The dudes I poached: Team of 11! House is framed in and almost dried-in in about 5-6 days!!! It's faster and t's cheaper. Quality you say? Same... Labor? It's actually lower... but why? because they are efficient through volume. The longer you take building, the more expensive the entire project becomes. Let's go! P.S. It's Spring Break and we're on a family trip so we ARE NOT having class tonight. You can always ask your questions here and I'll answer them for you! P.P.S. If you want or need more focused attention on your build, set up a time to meet me here. This a private group of people in which I'm HEAVILY involved in helping you launch your build, from lending to certificate of occupancy. Juan-
Truth Bomb!
2 likes • 10d
Enjoy your Spring Break!!
Private Lending Script **Download Alert!
Here are a couple/few rules for talking to people about being Private Lenders for your New Construction Duplexes. 1. Your goal is NOT to close lenders on first convo. So don't beat yourself up about it. 2. Your goal is is simply to get a "Yes, I'd like to learn more!" 3. Private Money is Relationship First, deal second. 4. Lead with the problem YOU solve: "Most people want passive real estate returns but don't want to manage contractors and projects. That's where private lending comes in." Attached are 3 scripts and they are broken down like this: - How to find Private Lenders (conversation starters) - The first Coffee Meeting script - How to present a deal to a lender **These last 3 is where most people get stuck raising capital*** Scripts are attached. REMEMBER: These scripts are written the way JUAN SPEAKS and COMMUNICATES. Adjust it to the way YOU SPEAK and COMMUNICATE. Get comfortable doing this. You're NOT begging people for money. You are giving them an awesome opportunity to "Learn and Earn" while deploying their capital. Rip off! Duplicate! And put THIS INTO your REAL ESTATE BUSINESS today! "Score!" Juan-
Private Lending Script **Download Alert!
1 like • 10d
Thank you for the script!! 💪🏽
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Candice Jackson
6
1,380points to level up
@candice-jackson-4170
Candice is a Real Estate Business owner committed to sustaining and revitalizing communities through affordable housing.

Active 1d ago
Joined Sep 9, 2024
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