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All Forum Posts by: Jordan Ray

Jordan Ray has started 14 posts and replied 246 times.

Post: Prime Development Opportunity - walk to lift

Jordan RayPosted
  • Developer
  • West Palm Beach, FL
  • Posts 271
  • Votes 91
Quote from @Ken Buck:

Hey BP Community,

I'm excited about this development near the base of Crested Butte ski resort. It is proven high end and has some of the best views - it's truly a rare opportunity as developable land disappears quickly

It's 8 prime lots (around $1m a piece) and half are multi family (2 duplex and 2 triplex). 

We build high end for $600/SF all in - soft and hard costs.

My question, just to throw out there and brainstorm, out of the 4 MF lots, what type of mix would you throw out there? Surrounding homes are $1100-$1300/SF and 4-5,000SF. 

So I was thinking high end townhomes at $1,200/SF - yet any thoughts on the triplex configuration? want to avoid bowling alleys...

@Ken Buck What is the status of this project? I saw the post wasn't long ago but curious where you are now at with the land. 

Post: Looking for Builder to Complete Houses that are 70-80% Complete

Jordan RayPosted
  • Developer
  • West Palm Beach, FL
  • Posts 271
  • Votes 91
Quote from @Will H.:

I have a few new construction homes that I am trying to finish in Cape Coral, FL. All are at the drywall stage or later. I am looking for reliable builders to help me get them across the finish line.

 @Will H. What is the status of this post?

Post: Townhome Development Approval!!!

Jordan RayPosted
  • Developer
  • West Palm Beach, FL
  • Posts 271
  • Votes 91
Quote from @Devin James:

On Monday, we presented our 253-unit townhome Planned Unit Development (PUD) to the City Commission and received a favorable 4/5 vote!

We believe that to solve the ongoing challenges surrounding affordable housing, we need more units - supply & demand.

Looking ahead, we have another reading scheduled in August to allow for 135 single-family homes.

We're diligently preparing these lots, anticipating a market rebound.

Navigating through this unusual market has been tough, but I am confident that the experience and perseverance will pay dividends in the long run. 💪📈

 Congrats @Devin James! What is the status of this project? Do you have potential land development/construction teams in place?

Post: Cape Coral new construction - In need of a new builder

Jordan RayPosted
  • Developer
  • West Palm Beach, FL
  • Posts 271
  • Votes 91
Quote from @Michael Simmonds:

Hello BP Family,

I am in need of a reputable builder/GC in Cape Coral who is willing to take on a partially finished new construction home. The home is about 50-60 percent complete. Any recommendations would be greatly appreciated. 

Thank you in advance!

 Hi @Michael Simmonds where are you at with this? Did you find a builder? 

Post: What Area of Development do you Specialize?

Jordan RayPosted
  • Developer
  • West Palm Beach, FL
  • Posts 271
  • Votes 91
Quote from @Devin James:

Most residential developers specialize in one of three areas:
- Entitlements & Permitting (Paper Lots)
- Horizontal Development (Finished Lots)
- Vertical Development (Finished Homes)

Some developers focus on multiple, depending on the market, their risk tolerance, and other factors.

Historically, we've focused on entitlements and permitting, with some horizontal development.

Now, we have a few projects where we plan to do all three.

What do you specialize in?

 Great post @Devin James! I specialize in commercial land development. I just wrapped up a 13-acre City Park. My new project is a commercial town center, anchored by Publix. 

Have you done any commercial land development or just residential?

@Jay Hinrichs Do you only lend in Ocala? Or anywhere in Florida? 

Post: Land Flip/Land Wholesale

Jordan RayPosted
  • Developer
  • West Palm Beach, FL
  • Posts 271
  • Votes 91
Quote from @Elvis Witcher:

Hello Everyone,

Looking to get in contact with anyone who does land flipping or land wholesaling on the east coast. Primarily in North Carolina and Virginia. Currently in the process of developing a 10 acres in the Roanoke, VA area. In a few months I will be looking to purchase land between 5 to 15 acres. Any help would be greatly appreciated.

Thanks,

 @Elvis Witcher What is the status of your question? Did you get to connect with who you need? @Chris Martin Do you buy land/develop in Florida at all?

Post: Client looking for multi family buy and hold

Jordan RayPosted
  • Developer
  • West Palm Beach, FL
  • Posts 271
  • Votes 91

@Maite NarcisoAre they wanting turnkey or something that needs work? @Dallis Thomas would love to connect, I am a developer in S. Florida. 

Post: New Development - Pre Construction in Miami

Jordan RayPosted
  • Developer
  • West Palm Beach, FL
  • Posts 271
  • Votes 91

Hey @Account Closed. What is the status of this post?

Post: Looking For any active investors in the Tampa/St Pete are

Jordan RayPosted
  • Developer
  • West Palm Beach, FL
  • Posts 271
  • Votes 91

Welcome to BP! 

Post: New to Multifamily

Jordan RayPosted
  • Developer
  • West Palm Beach, FL
  • Posts 271
  • Votes 91
Quote from @Charles Webb:

Hello everyone wanted to introduce myself. My name is Chuck and I’ve been thinking about real estate investing for a long time and now ready to take the plunge. I’ve been doing some research. Found this site and ready to explore. My focus is going to be on multifamily so if you, have information you wanna share or want to be a mentor or possibly even a sponsor I would love to partner on some deals. Thanks so much and I look forward to hearing from you

Welcome to BP @Charles Webb! Keep us posted on your journey.