All Forum Posts by: Daniel Duku

Hi Everyone, 

I'm not a stranger to real estate in general, but this is my first full year as an investor . My strategy is mainly ground-up construction because that's where I have the most experience as a construction project manager. 

I'm very interested in purchasing a piece of land I came across in south philly. The seller has asked for only a 10day due diligence period. I initially thought that was a very tight window for a land purchase, but I'm curious to hear if that's the norm for everyone? Maybe I could ask for some favorable terms for DD period when I'm putting in the offer?

I'd love to hear your thoughts on that. Thanks everyone 

Hi Chris, 

Thank you for your comment and stating your experience on Bigger Pockets and also working with other investors in the field. For me specifically, my construction and project management experience is mostly in ground-up construction on vacant land. Now of course, I wouldn't say no to a good fix/flip deal, but for my strategy moving forward in the industry, my main focus will be identifying vacant land and developing new construction for sure. 

I've also learned that most lenders prefer to lend money to investors that have a proven track record, so one thing I'm looking at is to JV with other developers/investors on my first few deals/projects. But as of now, I am still in the process of putting my team together.

Daniel 
 

Hi Robert , 

Thanks for the comment. I love your story and I'm always open to connecting and learning from the best. It's also wonderful we're in the same City.  I'll definitely reach out 

Daniel 

Thank you Shawn! Very excited 

Hello Fellow members and investors, 

My name is Daniel and I am no stranger to real estate in general, but quite new to the investing aspect of it. I have been a Project Manager for Construction, Project Management, and Development companies my entire professional career, and this is my first year fully as a developer/investor. 

There's a lot I know from Financial Modeling to Pre-Construction to Settlement/Post-Construction, but I'd say where I still have a lot to learn is in Acquisitions and Due Diligence. Very excited for this journey, and I'm looking forward to learning more about real estate investing and connecting with you all

Daniel