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Updated about 9 years ago, 10/01/2015

User Stats

208
Posts
98
Votes
Kenneth Bell
  • Developer
  • Charlotte, NC
98
Votes |
208
Posts

From sucessfully crowdfunding development to building and selling it

Kenneth Bell
  • Developer
  • Charlotte, NC
Posted

Thanks to all that followed me through my first crowdfunding raise for my infill development project. I figured why stop the party! I am going to chronicle the rest of the journey. 

Some background information on the project to start. I was able to assemble and divide 4 residential infill lots in an up and coming area in Charlotte NC. with the current zoning I was able to divide the 4 lots and make 6 lots. After looking at comps in the area and the market I picked six unique plans. I managed to fund the first of these 6 houses through Ifunding. 

We started moving dirt yesterday the lots are being cleared and graded. They will stake the foundation by Monday and maybe we will have permits in hand by Friday. My building permit is in plan review (7-10) day . 

first day pictures

https://www.dropbox.com/sh/an1uh5r53buqnl2/AADB_u_...

User Stats

99
Posts
18
Votes
Jasmine S.
  • Investor
  • Charlotte, NC
18
Votes |
99
Posts
Jasmine S.
  • Investor
  • Charlotte, NC
Replied

@Kenneth Bell truly beautiful work! Just the kind of motivation I needed on the hump day morning!

User Stats

298
Posts
374
Votes
Mark Robertson
Pro Member
  • Investor
  • Salisbury, NC
374
Votes |
298
Posts
Mark Robertson
Pro Member
  • Investor
  • Salisbury, NC
Replied

@Kenneth Bell

 How are your projects coming along? Have you sold any of them yet?

  • Mark Robertson
  • CLOSED Title logo
    CLOSED Title
    |
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    User Stats

    371
    Posts
    284
    Votes
    John Blackman
    • Developer
    • Austin, TX
    284
    Votes |
    371
    Posts
    John Blackman
    • Developer
    • Austin, TX
    Replied

    @Kenneth Bell Got any listing pictures? The MLS ones hide all of the blood, sweat, and tears.

    User Stats

    200
    Posts
    69
    Votes
    Chris Field
    • Investor
    • Milford, CT
    69
    Votes |
    200
    Posts
    Chris Field
    • Investor
    • Milford, CT
    Replied

    I love looking at houses being built in warm climates. No footings, no concrete walls, frost whats that? 

    Nice houses.