For those who have gone through their first land development deal, how did you approach financing the entitlement phase? I’m currently working through the acquisition and entitlement strategy for acreage that I intend to take through the entitlement process and ultimately create luxury and estate...
I'm looking for some feedback from land investors/builders who are familiar with Bastrop County / Pine Forest Unit 6. My family currently have 3 vacant lots in Pine Forest Unit 6 Ph II that we are trying to sell, but we are getting very little buyer interest despite pricing them relatively aggres...
For experienced real estate developers: If you were starting over today with no development experience, what type of project would you choose for your first development, and why? I'm interested in becoming a real estate developer, but I want to learn the business correctly rather than jumping int...
Starting my build to rent journey in the DFW area. I am currently building two duplexes side by side. One for an investor and one that i plan to hold myself as a long term rental. I am working through the full process of land acquisition, construction management, and building a repeatable system ...
One of the biggest lessons I’m learning is that the best opportunities don’t always begin with finding a property. Sometimes they begin with finding the buyer first. Getting in front of builders and developers allows me to understand exactly what they need: • Preferred markets and growth corridor...
My goal is to build a 2,600–3,000 sq ft duplex (about 1,300–1,500 per unit) using an FHA construction-to-permanent loan. Current numbers I am estimating: Land: ~$350K–$450K Construction estimates: ~$250–$300 per sq ft Total projected project cost: ~$900K–$1.2M Questions: 1. Are these realistic So...
My husband and I have been interested in real estate investing for some time, but at our age we are not looking to spend time rehabbing or landlording. We travel a lot and tenants and toilets do not interest us. Thinking about flipping land. Does anyone have any experience with Mark Podolsky and ...
Hello, I am looking to connect with builders and new build investors in the Columbus, OH market. Who can connect?
I have access to a Rochester infill opportunity with seller financing, I have a defined housing/development concept through INI Living, but I'm building my first development team. Who should I assemble first, and are there Rochester/Western NY builders or development partners interested in review...
Curious what everyone is currently seeing for new construction cost per square foot. I’ve taken about a year off from new builds and shifted more toward rehabs, but I’m considering getting back into the development side since that’s really where my passion is. Obviously this depends heavily on fi...
For investors who have used bridge financing, what made you decide it was the right tool for the situation? Was it speed, a short closing window, another financing issue, or something else?
Had a situation recently with two ground-up construction deals in Nebraska that really showed me how important verifiable experience is. The borrower had legitimate construction experience through a GC company that had completed prior projects, so at first we thought the experience piece would be...
Just left a new build rep meeting in plain city OH, about 40 mins north west of columbus. In general I feel like I've been sleeping on this asset class a bit for my clients. The opportunities especially with their in house lending and warranty, make it a compelling offer for an out of state inves...
I work in construction, and the more I learn about what happens before construction starts, the more I realize how complicated the development process can get. Between entitlements, permitting, different jurisdictions, pre-construction and everything else that can come up, I was curious to see if...
Hi everyone, I’m Spanish and I’m exploring a land-investing model focused on rural Spain, especially Castilla. There are many small rural parcels that are extremely inexpensive compared with U.S. land prices. Some are woodland, former agricultural land, recreational land, or parcels near small vi...
Hello, Anyone have any experience with securing Conservation easements, specifically in the upstate NY Catskill watershed area? Working on a parcel and I'm wondering if anyone can give me some anecdotes about their journey. Thank you! Tacuma
Hello all, I am a new real estate investor with one active and successful rental in inner Portland. I love it, and it's great, but I have wanted to get my hands messier with taking a more distressed property and improving it, and gaining the resulting equity. I am not completely new to this, I ha...
Every investor seems to have one thing they won't compromise on. Some people won't touch floodplain. Others won't buy without paved access. Some walk away if utilities are too far away. For me, it's when the public records and the listing start telling two different stories. What's your automatic...
I do due diligence on vacant land, mostly for buyers who are about to make an offer and want a second set of eyes first. after enough parcels you start seeing the same expensive surprises over and over, and almost none of them show up in the listing. figured i'd share a few real ones in case it s...
I reviewed a vacant lot this week for someone who wanted to know whether it had future upside beyond building one home. At first glance, it looked promising. Corner lot, decent size, growing area. The listing didn't say it could be split, but it also didn't say it couldn't, so I started digging. ...
I work with property research and land analysis, and I’m curious what investors here have run into that wasn’t obvious when they first looked at a property. Things like floodplain issues, wetlands, access problems, unexpected terrain, drainage, neighboring land uses, utility limitations, zoning, ...
Hello everyone! I’ve been researching flips for a while but recently have been looking vacant lots and doing new construction. I would love to know anyone’s #1 tip to approaching a deal like this. Thank you!
We have a 4-lot townhouse paper lot subdivision. Keeping the existing 3,100 sf house and subdividing the remainder flat land. This is four fee-simple townhouse lots, 2,300 sf each. Can build 2 stories up to 1750 sf with 2 car garage. We plan to refresh and resell the house and sell the four paper...
I closed on three identical lots next to each other last week, with each lot around 7,150 SqFt with 65 feet of frontage. Total 21,450 SqFt and 195 feet of frontage. I am in the process of replating the three lots with five lots and will be building five identical duplexes on each lot. This is an ...
The fund management for building luxury residential is surprisingly primitive — most developers are still tracking draws in spreadsheets and wiring vendors from commingled accounts with no clean paper trail. We built Relic to fix this: per-project bank accounts so every dollar is project-specific...