Nicole Nark
Nicole Nark
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Our $300,000 Duplex Build - Full Construction Cost Breakdown
We built a duplex and live for FREE by house hacking! In this video, we break down EVERY cost involved, share budgeting tips, and even show you how we tracked expenses throughout the build. Want to know if building a duplex is right for you? Watch this video and see how we did it!
BUILDING Resources:
⚒️ Build Budget Generator → bit.ly/BuildBudgetMaker
⚒️ Building Expense Tracker →bit.ly/BuildExpenseTracker
Ready to get started on your own BUILD? Don't miss my video breaking down everything you need to know about Construction Loans! → ua-cam.com/video/CgmxUScIGcE/v-deo.html
FREE Resources:
✅Get connected with an AGENT in your city → homeandmoney.com/nicole/
✅Check Your Home Value → narkhomes.com/home-value/
✅Subscribe to the Pennies & Property Newsletter → penniesandproperty.ck.page/profile
Work with Nicole:
📩 Contact Nicole → narkhomes.com/contact/
Other stuff that's cool:
💡 Support My Small Business → www.amazon.com/kvnbrands
🛒 Shop My Camera Gear → bit.ly/NicoleGear
(As an Amazon Associate I earn from qualifying purchases)
Social Media Links:
📱 Instagram → nicolenark
📱 TikTok → www.tiktok.com/@nicole_nark
📱 Facebook → NicoleNarkRealtor/
Chapters:
00:00 - Intro
00:26 - Creating the budget
03:49 - Pre-construction costs
05:16 - Foundation
06:50 - Framing
08:50 - Rough-ins
09:45 - Getting in the dry
12:37 - Insulation & drywall
13:46 - Interior finishes
15:28 - Completing the duplex build
16:59 - How we did
18:04 - Budget maker & expense tracker
19:22 - Outro
- DISCLAIMER -
Nicole Nark is a licensed Realtor and the Principal Broker (PB00083374) of HomeWay Realty. HomeWay Realty is not a lender, does not issue loan qualifications, and does not extend credit of any kind. The topics discussed, and ideas presented are Nicole Nark's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence. This video description contains affiliate links which means Nicole may earn a commission if you click on a link and make a purchase.
Переглядів: 106 840

Відео

We Built a Duplex...Now Live For FREE?
Переглядів 145 тис.Місяць тому
We built a duplex and live for FREE by house hacking! In this video we breakdown how much our duplex cost, show how the airbnb earnings cover the mortgage payment and take you on a home tour! Watch the FULL construction costs breakdown for our duplex here → ua-cam.com/video/zwhcDG5E6eI/v-deo.html BUILDING Resources: ⚒️ Build Budget Generator → bit.ly/BuildBudgetMaker ⚒️ Building Expense Tracker...
2024 Housing Market: BUY NOW or WAIT?
Переглядів 6 тис.3 місяці тому
Should you buy a house now or wait until later in 2024? In this video I break down the pros and cons of when to buy a house and how to determine the right timeline for your financial goals. FREE Resources: ✅Get connected with an AGENT in your city → homeandmoney.com/nicole/ ✅Check Your Home Value → narkhomes.com/home-value/ ✅Subscribe to the Pennies & Property Newsletter → penniesandproperty.ck...
Home Sales Will NEVER Be The Same: $418M Realtor Commission Settlement Explained
Переглядів 11 тис.3 місяці тому
On Friday, The National Association of Realtors agreed to a settlement that will cause a MASSIVE shift in the real estate sector and for individuals looking to buy or sell homes. This not only affects me as a real estate broker but also you as a consumer so in this video I’ll be breaking down five key points you should be aware of regarding this shift. FREE Resources: ✅Get connected with an AGE...
Biden's $10k Tax Credit Program for Home Buyers Explained (2024)
Переглядів 2,7 тис.3 місяці тому
Between skyrocketing home prices and crazy interest rates, buying a house feels like an impossible task for many Americans. But there might be a light at the end of the tunnel. In his State of The Union Address on Thursday, President Biden proposed some tax breaks that could make homeownership more achievable. In this video, Nicole breaks down these new proposals and what they could mean for th...
Tips For Selling Your House In 2024 - The Ultimate Home Selling Guide!
Переглядів 2,2 тис.4 місяці тому
Selling your house in 2024 but unsure where to start? This step-by-step guide is your roadmap to success! In this video you'll learn every step of the home selling process, from handling repairs, negotiating an offer and closing the deal. Home Selling Tools: ✅Attorney vs Title Company State → retipster.com/real-estate-closing-agents/?fbclid=IwAR0_EUjzzCeksNbQ5ADBjXLGN_vL4HD0xUrhprEyIE33jfb qPho...
5 Secrets To Buying A House On A Single Income!
Переглядів 8 тис.5 місяців тому
Buying a house with one income is absolutely achievable with the right planning and preparation! In this video you will learn five powerful secrets step-by-step, to show you how to navigate your finances and purchase an awesome home. So, ditch the doubt, grab your ambition, and get ready to turn that dream into reality! ✨NEW 2024 Steps To Buying A Home (Full Guide): ua-cam.com/video/xKg4tdkEzc4...
Buying a House in 2024: The Ultimate Guide for First Time Home Buyers
Переглядів 153 тис.6 місяців тому
Are you dreaming of buying your first home in 2024, but unsure where to start? This step-by-step guide is your roadmap to success! In this video you'll learn every step of the home buying process, from financial planning to closing the deal, with expert tips and tricks for navigating the current market. Don't wait, unlock your dream home today! Home Buyer Tools: ✅Get connected with an AGENT in ...
You Should Probably Wait To Buy A House
Переглядів 4,3 тис.6 місяців тому
Feeling uneasy about the future of the housing market? You aren't alone! With the media spreading word of a looming housing crash, the idea of buying your first home may feel scary and out of reach. In this video, I'm sharing 5 real-world strategies you can use to protect your real estate investment no matter what the economy does. Home Buyer Tools: ✅Get connected with an AGENT in your city → h...
The housing market sucks and i feel lost...
Переглядів 1,5 тис.7 місяців тому
The housing market sucks and I'm at a loss of where to go from here. Home prices are high, interest rates are high, and its generally a very difficult time to buy a house from an affordability standpoint. As someone who started their youtube channel with a strong mission of sharing accurate and up to date information on the housing market, making housing crash videos does not feel authentic sin...
How 3 Ordinary People Became Millionaires (And YOU Can Too!)
Переглядів 2,1 тис.7 місяців тому
I always wanted to invest in real estate but didn't know how to get started. Real estate investing can feel scary if you don't know how to begin. If you are feeling stuck and thinking you'll never have the right financial stability or enough money to start investing, this video is for you! I've been in your shoes and am excited to share inspiring stories of how to get started investing in real ...
Steps To Build Your OWN House - The Construction Process EXPLAINED and How To Get Started!
Переглядів 14 тис.7 місяців тому
Ever dream of building your own home? We did too! And over the past year, we've made that dream a reality by building $1.4 million in new construction homes. Along the way, we've learned a lot about the process of building a home from the ground up. We figured out how to choose the right land, source reliable contractors, and manage the complex order of steps involved in construction. In this v...
First Time Home Buyer Tips on Buying in a Tough Market
Переглядів 1,7 тис.7 місяців тому
First Time Home Buyer Tips on Buying in a Tough Market
We Built This Modern House For $200,000 - Construction Costs Breakdown!
Переглядів 193 тис.8 місяців тому
We Built This Modern House For $200,000 - Construction Costs Breakdown!
Moving To Arkansas 2024 Video Tour | Little Rock Walkable Neighborhoods To Know!
Переглядів 1,9 тис.8 місяців тому
Moving To Arkansas 2024 Video Tour | Little Rock Walkable Neighborhoods To Know!
5 Best Days To Buy A House For FIRST TIME HOME BUYERS (2023)
Переглядів 2,5 тис.9 місяців тому
5 Best Days To Buy A House For FIRST TIME HOME BUYERS (2023)
July Housing Market Update 2023 - Tips For Buying A House This Summer
Переглядів 3 тис.11 місяців тому
July Housing Market Update 2023 - Tips For Buying A House This Summer
Buying A New Construction Home 2024 - The Complete Guide For First Time Home Buyers!
Переглядів 27 тис.Рік тому
Buying A New Construction Home 2024 - The Complete Guide For First Time Home Buyers!
Housing Market Update: It Sucks To Be A First Time Home Buyer
Переглядів 7 тис.Рік тому
Housing Market Update: It Sucks To Be A First Time Home Buyer
Moving To A Tax Free State For Affordable Homes
Переглядів 3,6 тис.Рік тому
Moving To A Tax Free State For Affordable Homes
How To Calculate Debt To Income Ratio (DTI) For First Time Home Buyers
Переглядів 35 тис.Рік тому
How To Calculate Debt To Income Ratio (DTI) For First Time Home Buyers
How To Buy RAW Land For First Time Home Buyers EXPLAINED!
Переглядів 14 тис.Рік тому
How To Buy RAW Land For First Time Home Buyers EXPLAINED!
1% Down Payment Conventional Loan Guide - Requirements & How To Apply
Переглядів 7 тис.Рік тому
1% Down Payment Conventional Loan Guide - Requirements & How To Apply
2024 FHA Loan House Hacking For First Time Home Buyers - Requirements Explained
Переглядів 22 тис.Рік тому
2024 FHA Loan House Hacking For First Time Home Buyers - Requirements Explained
FHA Loan Requirements For First Time Home Buyers (2023)
Переглядів 44 тис.Рік тому
FHA Loan Requirements For First Time Home Buyers (2023)
The Home Buying Process For First Time Home Buyers Explained - The Secret To Buying Your Dream Home
Переглядів 12 тис.Рік тому
The Home Buying Process For First Time Home Buyers Explained - The Secret To Buying Your Dream Home
Top Cities To Buy A House In RIGHT NOW For First Time Home Buyers
Переглядів 2 тис.Рік тому
Top Cities To Buy A House In RIGHT NOW For First Time Home Buyers
First Time Home Buyer Mistakes YOU MUST Avoid At All Costs!
Переглядів 9 тис.Рік тому
First Time Home Buyer Mistakes YOU MUST Avoid At All Costs!
The BEST First Time Home Buyer Loans To BUY YOUR FIRST HOME!
Переглядів 29 тис.Рік тому
The BEST First Time Home Buyer Loans To BUY YOUR FIRST HOME!
NEW Down Payment Assistance for First Time Home Buyers - Nationwide & Forgivable!
Переглядів 40 тис.Рік тому
NEW Down Payment Assistance for First Time Home Buyers - Nationwide & Forgivable!

КОМЕНТАРІ

  • @NayePowdrill
    @NayePowdrill 18 годин тому

    I loved how detailed you both were great video 🎉

  • @Chandrell_S
    @Chandrell_S 20 годин тому

    Interested in purchasing the floor plan documents. Great video

  • @o.g.scholar
    @o.g.scholar 21 годину тому

    What kind of subsidies for this loan are there?

  • @nexttvc
    @nexttvc День тому

    I love the idea and thank you guys you did a tremendous job. and give so many dreams the courage to do it. I will definitely try to do this in the future.

  • @politcallycorrect5816
    @politcallycorrect5816 День тому

    What about your airbnb income tax?

  • @TiaunaT
    @TiaunaT День тому

    Very helpful. Thank you!

  • @top3tv32
    @top3tv32 День тому

    Was the land already zoned multifamily or did you have to get that changed.

    • @NicoleNark
      @NicoleNark День тому

      This lot specifically was already zoned to allow a duplex!

  • @syncologymarketing3331
    @syncologymarketing3331 2 дні тому

    Do you have documentation or a knowledgebase for the software? Or could you do a video on how to use the software?

  • @art.nguesszoug6494
    @art.nguesszoug6494 2 дні тому

    Your constructions look like beautiful prefabricated home made of container frames, but they're actually constructions from the ground up . And beautiful. Good Job guys.

  • @Keelo_2_Nice
    @Keelo_2_Nice 2 дні тому

    Hello! I co-sign my wife’s car, so do I add it once on her portion or do I count it twice???

    • @NicoleNark
      @NicoleNark 2 дні тому

      Great question! Count it just once

  • @captaincane64
    @captaincane64 2 дні тому

    Is the maximum purchase price a percentage of the ARV or construction budget.

  • @blueprintboston
    @blueprintboston 2 дні тому

    Wow! $135/SF for new construction is unheard of 🤯 In the Boston market we’re around $250/SF now

    • @NicoleNark
      @NicoleNark 2 дні тому

      Crazy! Our market is much more affordable. New construction in the most desirable areas of town is selling around $185/sf

  • @brinho109
    @brinho109 2 дні тому

    Any tips on finding a builder to execute the house plans?

    • @user-jy7ut4xn3p
      @user-jy7ut4xn3p 18 годин тому

      Same situation here. Sometimes i winder how they get people who do that while building.

  • @carlcarter4084
    @carlcarter4084 3 дні тому

    WHAT AN AMAZING TEAM! U2 ARE WHAT AMERICA NEEDS! KEEP UP THE GOOD WORK!

  • @veger5872
    @veger5872 3 дні тому

    Yes, definitely please put together a video on selling and rolling proceeds into new home! Very Good Information--Thanks!

  • @NoelaN-en6yl
    @NoelaN-en6yl 3 дні тому

    One stop shop video ❤ you are great !

  • @Divyv520
    @Divyv520 3 дні тому

    Hey Man , really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ?

  • @DeivD
    @DeivD 3 дні тому

    Hi, how much was the extra cost that was not included on your build budget?

  • @Sadler2010
    @Sadler2010 4 дні тому

    I think the requirement of the direct loan option to be more or less homeless or in a "dangerous situation" is wrong, I was homeless and I am currently on a HUD rental housing program, but I'd like to get away from renting and have my money work for me, not some landlord...

  • @BEAMYdoright
    @BEAMYdoright 4 дні тому

    Phenomenal job guys! How much of this work do you estimate you did, in dollars?

  • @orlandom795
    @orlandom795 4 дні тому

    Is this app accurate for different states like im from colorado, does update every year since cost changes every year?

    • @TheCfraz21
      @TheCfraz21 7 годин тому

      Good question. For $150 that question needs to be answered. Thx

  • @tracyandcierra
    @tracyandcierra 4 дні тому

    I’ve never seen anyone break it down like this. Thank you so much. Great video, great technique, great strategy! Woohoo! Wishing you all more success! One love

  • @NunyaBusiness-yb7yi
    @NunyaBusiness-yb7yi 4 дні тому

    Good Job!!

  • @CoffeeEdgeMedia
    @CoffeeEdgeMedia 4 дні тому

    I'm currently working on paying off my debts and also trying to figure out the best budget for myself and money saving habits

  • @KyleVance-mf3yb
    @KyleVance-mf3yb 4 дні тому

    As an architect, how did you get construction drawings for $600??

  • @kustomizedco
    @kustomizedco 5 днів тому

    I am a General Contractor in Arizona, and the prices in comparison are not bad, you are doing a great job, I dedicate myself more to construction to sell, that could be a good option for you in the future, building to sell... I I like to sell more than to rent.

  • @mrtillman7309
    @mrtillman7309 5 днів тому

    Question... for the 2 time close option, is there a way to structure it to where the refinance would be high enough to cover your down payment so you are only left with monthly mortgage payments?

    • @NicoleNark
      @NicoleNark 5 днів тому

      Yes. When you build, you should have enough equity upon completion to allow you to avoid a down payment.

  • @xaviy649
    @xaviy649 5 днів тому

    YOU GOT RIPPED OFF

  • @Lilia-pi8pf
    @Lilia-pi8pf 5 днів тому

    You guys are awesome!

    • @NicoleNark
      @NicoleNark 5 днів тому

      Thank you! We appreciate that you took the time to watch! ☺️

  • @Lilia-pi8pf
    @Lilia-pi8pf 5 днів тому

    Thanks for the honest input

  • @armandoyourpersonaljeweler7558
    @armandoyourpersonaljeweler7558 6 днів тому

    Would love if you break down steps.

  • @kawaii-sosu
    @kawaii-sosu 6 днів тому

    this build seems way sleeker than most buildings built in the US. how does it compare against neighboring houses? were those extra upgrades worth it from the ROI point or did you do those for your own enjoyment mostly?

    • @NicoleNark
      @NicoleNark 5 днів тому

      Thanks for noticing! Our neighborhood is very quirky and many of the new homes are thinking outside the box. We have everything from tiny homes to mini mansions to container homes all within a few streets. We wanted to play into that but also use materials that we felt would be timeless and durable!

  • @searay260sundeckforsale4
    @searay260sundeckforsale4 6 днів тому

    Great job guys! It's so much cheaper than in FL!

  • @britneysanmiguel7834
    @britneysanmiguel7834 7 днів тому

    I’m a substitute teacher? Would that count me in to get the 50% help ? I have been offered a teacher assistant job should I take it? Will that help with the 50%

  • @RiosToRiches
    @RiosToRiches 8 днів тому

    One of the best videos I’ve seen regarding this topic, everyone else makes it so unnecessarily complicated

  • @Watcherw1
    @Watcherw1 8 днів тому

    If you want a house in australia, 600k is your starting point. This is why I want to move to texas

  • @keekeemyfirstcat8410
    @keekeemyfirstcat8410 8 днів тому

    I am presently a retired physician, could go back to work. I own two houses, fully paid off, we're talking about $700K. I also bought a piece of property that is currently over $300K appraised as well. I want to build a $200-$300K house on it. I take in $2500/month from SS and $3500 from my stocks/month. I pay $1340/month rent currently and no other debt. Was told I wouldn't get a loan as my debt to income ratio was too high. I can't see why I have these assets and money coming in from my retirement money and fully paid two other houses the girl said I would be turned down for a $300K loan???? I have 730 credit score.

  • @keekeemyfirstcat8410
    @keekeemyfirstcat8410 8 днів тому

    I plan on moving in after I get my CO, but won't have inside doors, flooring, all bathrooms plumbed, paint done. I plan on doing those jobs and paying for them as I get more money while paying for the construction loan.

    • @NicoleNark
      @NicoleNark 8 днів тому

      In order to get the CO, those items will need to be finished. The building has to be complete and up to code

    • @keekeemyfirstcat8410
      @keekeemyfirstcat8410 7 днів тому

      @@NicoleNark No, I have moved into houses and the bathroom downstairs is only plumbed.

  • @bashirzaid6971
    @bashirzaid6971 8 днів тому

    can you post the blueprint of the house and dimensions

    • @NicoleNark
      @NicoleNark 8 днів тому

      These were custom plans that we aren’t sharing at this time. If we do decide to make them available, I’ll post them here.

  • @lavayuki
    @lavayuki 8 днів тому

    I am a single women and will never get married so I will be buying on a single income

  • @jllj9231
    @jllj9231 10 днів тому

    Amazing how u both look alike. The eyes, eyebrows, nose, cheeks, shin and mouth.

  • @AdrianRomeroJr
    @AdrianRomeroJr 10 днів тому

    Wow that turned out awesome! thanks for sharing you guys, gives good insight for people like me who are also doing these kind of projects. great video, earned my sub!

  • @sansara700
    @sansara700 10 днів тому

    Thank you!

  • @majidabazeri8217
    @majidabazeri8217 11 днів тому

    I had a house that was Buren down, I didn't have mortgage. They demolished it. Now in order to pay a builder , how should I make contract, to pay step by step, like for foundation, for plumbing, for framing, electrical and so on.....and how much has to pay per square foot. That is very important for me to know. I need to know how much it cost me for 2400 square feet in GA. I appreciate if you answer me.

  • @apartmentinvestingforbeginners
    @apartmentinvestingforbeginners 11 днів тому

    Beautiful build

  • @kimberlycaritas
    @kimberlycaritas 11 днів тому

    SO helpful to have it all laid out like this. Thank you so much for putting this together!!

  • @chilldaze7042
    @chilldaze7042 11 днів тому

    So informative! Thanks

  • @tarzan343
    @tarzan343 11 днів тому

    This is super dope, thank you for sharing!

  • @HenAndPenn
    @HenAndPenn 12 днів тому

    Uh what kinda math magic are you trying to confuse people with? 😂

  • @victoriagibbs7191
    @victoriagibbs7191 12 днів тому

    I want to do this with my first buy so bad!