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Updated 12 months ago on . Most recent reply
Sitting on undeveloped 5 acres in Austin suburbs
Hey guys. I am new to real estate development but would like to learn how it works through trial and error. My dad has a 5 acre undeveloped lot in the suburbs of Austin, Texas and doesn't have any plans for it. I would like to develop the property and build a house on it with intent to sell or rent out as an Airbnb in a popular wedding destination area. Any advice from people who have done this before?
Thanks in advance
Most Popular Reply
Quote from @Matthew McKiddie:
We just had a local company speak at one of our meetups about how they do manufactured housing. The owners of the company have 10 acres where they build a few manufactured homes and use those as STRs.