First Development Project

[Jarrod Anderson]

Hello BPers,

I've been investing for a few years,  and I finally wanted to take theleap into development. I got into a deal where we were going to develop a nursing home into a 50+ unit apartment building. I ended up getting out of the deal because the zoning permits weren't approved in time. 

I wanted to hear about other developers first project. Did it go smoothly?  How many unexpected costs were there?  Which  team members played the most important role? 

Any feedback or experiences that you all could share would be greatly appreciated. 

Thanks a lot, 

J. Anderson