Build-to-sell: Less headache, more $$ (Blueprint to 50)

[Seth Weaver]

A few years back, some local investors reached out to me wanting me to build a small, 3BD/2BA home in a rural part of town. I built it 10 times over about a year. By the time I made it to the last one, I knew exactly what the cost to build would be. I knew exactly what they would sell for. Furthermore, I could build the house in about 3 months from start to finish because my subs & I had built it so many times. I also knew that this house would cost the same to build in the city as it did in the rural area. The difference was that the city was pulling close to $25 more per square foot. 

So I had the product, but I didn't have the money, nor the network to scale. Fortunately, I was able to figure it out. And by figure it out, I mean barely survive after nearly going bankrupt and losing everything. Yes- I scaled and in a BIG way. I went from building 10-ish homes per year to 45-50 homes per year in just 2 years. No giant neighborhoods. No single, big $$ backers. Just by partnering with everyday strangers like yourself. 

So yes-  A major success story right?...WRONG! Back to nearly going bankrupt- One could say I was highly versed in my product, my operational capacity and my ability to secure partnerships. That wasn't the issue. The issues relied in my partnership structures and deal structures. I'm sure you've heard the phrase "High risk = High reward," which is true. However, it can also be "High risk = no reward" and that equation doesn't math well! 

Over the past few years, I have fortunately been able to, not only survive that no-reward equation above; but learn how to still scale quickly but in the right way. I've learned who/who not to partner with; how to structure the deal to where both parties are protected; and also how to make lots of $$, which is why you're reading this right now!

I think there's 2 types of people in the world: Those that listen to others advice and those that hear it but would rather learn from their own experience. Others may call them "the wise and unwise." (I'll let you guess which one I was!) So, here I am now, trying to teach others to BE WISE! 

Now, I coach & consult both aspiring builders and investors who want to get into the build-to-sell world. I show them how they can 10X their volume just like I did, while avoiding the mistakes that nearly killed my business. 

If this is something you're interested in, please send me a message and we can discuss how we may be able to help each other!