Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on .

User Stats

51
Posts
34
Votes
Adri Jusczak
  • Salinas, CA
34
Votes |
51
Posts

Townhome Development on 17 acre parcel

Adri Jusczak
  • Salinas, CA
Posted

Hi All, 

I have the opportunity to develop land with the city/school in a town in MN. There is a serious housing need in the area and finding renters/buyers wouldn't be a problem. I'm thinking of building townhomes on the 17 acre parcel and a mix of SFH/MFH after on a 34 acre parcel next to it. What kind of structure is needed for the HOA on the townhomes? I'm thinking of selling half the townhomes to pull my money out and keep the rest as rentals for the time being. Any tips/suggestions on development would be greatly appreciated!

  • Adri Jusczak