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Updated 8 months ago on . Most recent reply
Looking to build my first single family house
I have done small flips and rehabs over the years and mostly a buy n hold type of investor. I'm about to close on a lot in Chicago logan square shortly and thinking about tearing down the 2-flat for a new single family.
Can anyone who has done this help point me to the right direction? How should I even get started?
Most Popular Reply
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Yo @Alex L. - What area of Logan Square is the lot in and how big is the lot?
I've dabbled in the new construction space here in Chicago and there is A LOT that goes into it...I'd highly suggest spending some 1:1 time networking with some other investors like @Jennie Berger or @Prashanth Mahakali who are both Chicago developers
You make your money with the land purchase and then systems/processes/volume over time in the development game, but it's not easy and competition is high!
I am also happy to link up and share my experience in the new construction space.
- Jonathan Klemm
- [email protected]
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