Seeking advice on a development opportunity

[Dave Kansagor]

I have been in the real estate game for 10+ years as an investor/agent/management and have recently been approached to be a partner in developing about 100 acres into a residential neighborhood and starting a development company. I've never been one to shy away from a challenge and am very interested in doing this, but I am admittedly very green in this area of the business. If anyone has good advice, tips, first steps, experience doing this or any great resources I can turn to, it would be much appreciated. Thanks in advance!

[Brett Dawson]

@Dave Kansagor Learn their market strategy and see if it matches the market demand. So many project start off wrong based on a variety of factors. You need to be able to buy the land, put in site improvements, carry soft costs and make 30%-50% a profit margin. PM me if have additional questions. There are a lot of moving parts to these deals, they are fun! Brett