Advice for Aspiring Spec Builder?

[Josh Ennis]

As the title says, I am new to real estate. I will graduate with my BS in Electrical Engineering in May 2025. After I save up some money, I want to start building spec homes in the DFW area. If you are an experienced spec home builder, do you have any advice you can give me?

[Ryan Cheek]

Jello - Josh

I am a real estate agent for a brokerage with a in house builder. We are building duplexes/Quads for investors all the time (currently at 2/week). While I am the agent and not the project manager/builder, I am in construction meetings and see what they do on a daily basis. By no means an expert but feel very knowledgeable in how they move. 

My biggest piece of advice would be to fire fast and get cameras/alarm systems in place. There is tons of things I would be able to share, but this is at the top of the list. When I say fire fast - do not get emotionally attached to the contractors. People either take pride in their work and do a good job or are just chasing a paycheck. Keep the good let go of the bad. 

Feel free to contact me for questions.