All Forum Posts by: Brooke Dyer

Quote from @Scott P.:

My 2nd duplex was a new build in Indiana.  I just finished gathering pricing for a new build.  It was 30% more than I initially estimated.  I'm reducing the footprint and repricing....

Very interesting! Do you focus more on multi-family builds versus single family? Is the new build similar to your 2nd duplex, how much time between the two? That seems like a rather large price hike! 

Quote from @Kerry Noble Jr:

I agree with this but im in central IN. I listen to construction podcasts often too!

Awesome! Do you mind sharing a bit about your construction experience in Indiana? What construction podcasts do you listen to? 

It seems like there hasn't been much discussion about new residential construction projects and the opportunities they offer. Given the potential for high returns, customizable involvement levels, and significant tax benefits, I believe this is a great investment opportunity, particularly in markets experiencing rapid growth.

I've been keeping an eye on developments in Georgia, where builders are struggling to meet the surging demand driven by population increases in certain areas. This presents a unique opportunity for investors!

Let's kick off this discussion— if you've ventured into residential construction investments, could you share which market you're in, your experiences or challenges, and any advice for newcomers?

Also, if anyone's curious about investing in residential construction in Georgia, feel free to reach out. I have connections with an experienced building & financing team and would love to keep the conversation going!

I cohost properties across North America and Puerto Vallarta, Mexico. We mainly serve the Southeast USA (Georgia, Tennessee) I would be happy to connect with you!

Houfy is a great cheap option, but I highly recommend creating a branded website to enhance your guest experience and be able to house resources, local favorites, etc. 

I highly recommend Erikka Shockley, she works specifically with small businesses and does amazing work! 

Check out this website she did for one of my clients. It connects directly to Houfy, but allows for amazing, branded elements. 

If you contact her, let her know I sent you!! 

I'm happy to help with AirDNA questions! I use this frequently to help my properties & my clients as they search for new investment properties.

Do your research! Find areas that aren't over saturated with rentals, and an area that could easily pivot between short-term / mid-term / long-term rentals as the market fluctuates. Once you locate an area, dig into the average nightly rate, create a spreadsheet that calculates average occupancy (AirDNA can provide this) along with average nightly rate and begin plugging in properties & expenses in your target area to see if these align with your goals. Be strategic and do your homework - if you do, you'll have a great investment property that will withstand market fluctuations.

OwnerRez has the best set up I've seen for placing damage deposit 'holds'. 

In addition, Houfy is a direct booking website that mimics the look and feel of Airbnb in terms of user experience. Through Houfy, you'll connect your Square account and you can run holds, etc. through your payment system.

Hi Kiran! 

I have a great builder reference in the Northeast Georgia region. Sending through a connect invite now. 

Brooke Larson

Hi Lisa! 

I'm local to the Monroe area, and yes there is a large population shift moving to this area. Honestly, if you were to take a map and draw east of Atlanta from Loganville and pushing out towards Jefferson & Commerce, you'll see a large influx of populations moving out this way. I agree with the above comment that flips would be a great investment, but also, BRRRR, long-term rentals, new construction investing are all solid choices in this area too. You can search online and find that many businesses and corporations are moving out towards Athens, and many residents from Atlanta are pushing out this way as well. School systems are some of the top in Georgia between private and public schools, and crime rate is relatively low. I may be biased, but this area offers a great life for its residents. I hope this helps!