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Growing a homebuilding operation
Hey guys - I've got a homebuilding business, mostly in the NJ area, and have been running at a slow, 1 house/yr rate for like 4-5 years. In an effort to ramp up, we've acquired the land for a full subdivision, and are simultaneously starting to build 2-fams.
I'm concerned that in the process, I'm going to end up stretching my subs/team and creating some issues for myself, but having trouble seeing around this corner.
Has anyone had this experience of scaling a homebuilding operation? What are the pitfalls?