Hi my name is Jake Jensen, I am completely new to real estate understanding basic techniques some investors are using, and being lost and confused when trying to apply them to my special current situation that changes per person, and despite the constant back lash from friends family and that keep telling me not to buy in my ever changing fast growing utah housing market.

I'm not sure of all the routes I should look into for investors but I can self manage the project and have found commercial land potentially worth developing.

I’m in the process of buying a piece of property that is 3.5 acres, and will develop/build it to have around 35 units.

@Carolyn Fuller I like that technique, definitely one to consider.

We hit a brief pause for COVID and unfortunately all the builders cancelled their upcoming development projects as well. 

Once something is in my long term portfolio, I deed it from the short term (development) llc, and into the holding company llc.

@Eric J Platter I think you're trying to develop your own financial modeling tool to help you formulate your bids on notes.

I’d like to get more back and I think developing an app that can completed on a mobile phone would help with that.

@Tim Hallhaha I felt the fear of god for a minute. yeah I do need to work on developing a solid team.

Wondering what others think about investing in Rapid City now (2021) re: economic development and future appreciation.