How to get started in New Construction house flips. Today I'm hanging out w/ New Construction builders and investors Kareem and Julius. Having been in the business since 2004, I can recognize top quality investors. They've been in the game for years and built tons of houses and today I want them to show you their secret sauce regarding how they get started on their houses. Further they'll break down the numbers and show us inside a new house they're building right now in Chesapeake, VA. You'll see the floor plan and the little things to make their houses highly desirable by today's buyers.
00:00- Intro 1:45 - Is this a good neighborhood for new construction house flips 5:00 - What are the tap fees for infrastructure water and sewer 6:10 - These builders like to use the same house so they can predict the costs 7:00 - What will it cost to build this new construction house 9:00 - How much does price per square foot change to build new construction houses 11:15 - What building materials do builders use on the exterior 14:00 - This is the first floor with great room, kitchen, bathroom 15:40 - why do builders use a raised slab instead of a crawl space 18:45 - The 2nd floor has 4 bedrooms, utility room and 2 bathrooms 21:00 - Is it cost effective to use tile in the tub surround 24-10 - Primary bathroom does not need a tub, most people use the stand up shower only
