Flippers who wants to get into the New construction world

Flippers who wants to get into the New construction world

Investor · Tel Aviv, Israel · Member since 2019 · 85 posts · 36 votes

Hello everyone,

Me and partner and are flippers in the last few years that have decided to add a new construction investments into our toolbox.

We are very interested in getting into this world and our goal is to build a nice high-end 3000-4500 sqft house, and sell it. Either by buying an empty land or buying an old house, demolish and build a new one.

So we are looking for other investors who already did some new builds to get some insights and get their expertise on the path, the lessons they learned, and eventually some tips, that of course would like to share their knowledge :)

Thank you

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  • Robert EllisBusiness Member
    Developer · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
    2y
    Quote from @Lior Golan:

    Hello everyone,

    Me and partner and are flippers in the last few years that have decided to add a new construction investments into our toolbox.

    We are very interested in getting into this world and our goal is to build a nice high-end 3000-4500 sqft house, and sell it. Either by buying an empty land or buying an old house, demolish and build a new one.

    So we are looking for other investors who already did some new builds to get some insights and get their expertise on the path, the lessons they learned, and eventually some tips, that of course would like to share their knowledge :)

    Thank you


     we sell a floorplan in columbus ohio that builds on a 42' wide lot. you can buy infill lots for 10k-20k in our market. we build to deliver homes under 400k which is less than the median new build of 500k in our market. just my 2 cents that's where the volume is at. I'd be happy to chat further we do a lot of JVs and are building 20 of the exact same floorplan this year. every builder in our market goes after high end and very few address affordable housing which is where the majority of transactions are and the largest amount of the buyer pool is. 

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