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Build-to-rent lesson No. 3: What does it cost?
Did you wonder what it cost to build a house? Have you heard prices from $50.00 a square foot to $300 a square foot? There are various costs that you want to separate in order to understand the true cost. I suggest that you have a separate cost for: The actual lots themselves Permits Any bonds that might be required Lot preparation for build Now, and only now, can you get a separate cost on the actual “sticks and bricks.” Your actual cost per square foot without the cost outlined above will be impacted by the floor plan and …
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