MAIN PROJECT COSTS
In this episode talk about the TOTAL COSTS that are inherent in any real estate project.
There are basically three main categories; acquisition costs, hard costs, and soft costs.
Acquisition costs would be the purchase of a piece of land or an existing building, hard costs include the physical costs of construction or renovation, and soft costs are costs like design services, architectural, permits, appraisals etc.
Watch the full episode to learn more and be sure to go to click the link below for a guided tour of 8 real estate crowdfunding websites and to gain access to detailed training on what are the key concepts to understand when investing in real estate.
For more information and to gain access to:
- Guided tour of 8 real estate crowdfunding websites
- FREE: Complete list of every real estate syndication website
- FREE: 10 things to look for in real estate contracts
- Access to advanced real estate investment training