A development idea for a novice?
Hello All,
I have learned quite a bit about raw land investing from my family, large ranching land sales, and from many investors who own their own apartment complexes and sfus. However, I have a burning desire to learn the development game!!!
I have a dream of building small homes that are energy efficient and that the working class, that does too well for govt assistance but still have a hard time getting a down payment saved up, can buy and be proud of. I got the idea from the website cottagecompany.com on the west coast. Their homes are very nice and expensive, but I think that here in east Texas, the premise could be used to build affordable housing on cheaper lands that are not being utilized to their fullest.
After looking at the website, do you think that this is a viable idea?
Thank you for any of your thoughts or time,
Trevor