New construction markets and connections

Member since 2021 · 24 posts · 14 votes

Hi everyone!

After years of buying, renovating, and renting properties (with a few flips along the way), I’m now looking to dive into new construction projects in the U.S.

Right now, I’m exploring:

• Strong markets where building new makes sense – growing areas with solid demand.

• And also looking to connect with potential partners – builders, developers, boots on the ground operators, or investors.

If you have insights, recommendations, or know someone I should talk to, I’d love to connect 🙌

Hadar

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Brian TeeterBusiness Member
Little Rock, AR · Member since 2021 · 75 posts · 64 votes
1y
Hadar, happy to help you in Little Rock, Arkansas.
501-951-7100
Turnkey Property Management4.8170 Reviews
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Stuart UdisPro Member
Attorney · Philadelphia · Member since 2018 · 2k+ posts · 3k+ votes
1y
@Hadar Giladi New development can be rewarding but growing markets do not necessarily make the construction project pencil TODAY, and that's what's needed to get a project approved and funded by a lender. With where construction costs are today you will be best served focusing on established markets with higher pricing. It's where it's easiest to absorb the costs. Furthermore, development is risky, so best to not combine speculiation with new development on your first go around.
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- Hadar Giladi
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  Member since 2021 · 24 posts · 14 votes
  1y
  Quote from @Stuart Udis:
  
  @Hadar Giladi New development can be rewarding but growing markets do not necessarily make the construction project pencil TODAY, and that's what's needed to get a project approved and funded by a lender. With where construction costs are today you will be best served focusing on established markets with higher pricing. It's where it's easiest to absorb the costs. Furthermore, development is risky, so best to not combine speculiation with new development on your first go around.
  
  Thank you for your insights!
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