Building what I want instead of waiting around for inventory

[Rick M.]

I have had my realtor looking for a Quad in Dover and the surrounding area for a year and change. I was given an opportunity to possibly build a multifamily from the ground up. I happen to have a family member that has a good amount of liquid capital and he recently talked to me about looking into buying a rental property. I told him my dilemma and it was like a light bulb went off.

So my question is if you guys had the resources to build, instead of waiting for inventory to pick up, is this something that you would likely do?

[Jeff B.]

Buy vs Build;  Think of buying another car - - do I custom order it from Detroit built to my specs or do I go to the dealer and pickup last years used model on the lot?