With construction, there are far more variables from cost overruns, scope changes, interest reserves being depleted by unexpected Fed rate hikes, and countless other issues that can surface over the life of a project.

Low inventory, inbound migration from higher-cost metros, and cheap financing created the perfect storm: sellers held all the leverage, buyers fought over anything that had a roof, and investors—especially those trying to scale—had to move fast or lose out.But over the past 12 months, something interesting has been happening under the surface: the market is easing.

He is not spamming people with his surface level knowledge e-books and creating passive income on linkedin.  

Same should also apply to poorly performed services that don't live up to industry standards (pre-salting when there's forecasted snow or ice accumulation, poorly cleared surfaces etc.). 

I'm aware of all the surface-level risks (post-COVID income decreases, market saturation, amenity requirements, etc.), but it's still a unique market vs. others that are accessible from where I live, in Charlotte, that make it an attractive one to consider.

Especially if you get burners that ignite when you use them instead of old fashioned ones that are on constantly.

The day he was supposed to begin the project, he tells me he can only do concrete, because the city doesn't allow gravel, that if since I didn't previously have gravel I have to put down a solid surface like asphalt or concrete.

It’s smart that you’re giving yourselves time to learn before jumping in.One thing I’ve noticed when comparing Florida vs. out-of-state markets is how different the risk profiles can be, even when the properties look similar on the surface.

I learned early on that some tenants have big plans for “improving” your place… which sometimes means lime green walls or drilling into every surface!

Brick searches for properties that match their buy box, analyzes each one in the background, scores comps, estimates ARV, and surfaces only the deals that actually have potential.