Anyone buying land/lots and building new construction?

Question

Is anyone doing this currently? I am more focused on building to sell than rent with this strategy at least starting out. I own a GC company and have guys with plenty of ground up/new construction experience so I'd save labor and material costs. Just trying to feel out the market. Would love to connect with anyone with experience to see the challenges and process. If anyone has any tips to avoid issues/conflicts please share! As far as sourcing the lot, dealing with zoning or the city on new construction permits, engineering plans, etc.

Zachary Harrison · Answer

Account Closed I purchased a vacant lot a few months ago and am looking to build.  Is the process as simple as finding a local builder (one that was recommended has 15-20 yrs exp.)?  I recently was at BPCON and ran into a developer and they recommened I take a different route.  Curious on your thoughts.

Account Closed · Answer

@Zachary Harrison sent a pm

Bryant Brislin · Answer

I sell land to homebuilders in Southern California, so I've seen, over the years, how some stub their toes, etc.  I'd probably need a more specific question, just because you mentioned a lot of things in the post, and I wouldn't know where to start without having to write paragraphs and paragraphs.

Ryan Cheek · Answer

I am an agent for a brokerage whose line of work is EXACTLY what this post says. Check PM and give me a ring Dalton.

Best of Luck with any and all investments!