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Updated 3 months ago,

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4
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Keagan Maloney
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4
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End Goal: Spec Home Builder // Current State: No Experience or Capital

Keagan Maloney
Posted

I have a well-paying w-2 job but I want to transition into ground-up residential development. I want to replace my day job with buying land, building spec homes and selling them. I have little construction experience, and little capital to invest. After doing research these seem to be reasonable options. With knowing my current state and end goal, which would you choose?

1. Start fix and flipping properties to gain experience and capital?

2. Work for a home builder to gain experience and then launch into my own company when ready?

3. Jump right in, Find a mentor to partner with on deals (of course I would need to bring something to the table, not expecting handouts)?

4. Something entirely different?

Current Skills: I have worked in solar and software sales the past 4 years. Not afraid to cold call, or knock doors. 

Looking for a nudge in the right direction from a vet. I appreciate it!!

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