Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Single Family Home Community Development
Investment Info:
Single-family residence other investment.
Purchased raw land for development of 9 SFH. Slated for completion Dec. 2023
What made you interested in investing in this type of deal?
Good learning tool for ground up development as well as working with the city to provide net 0 water consumption with new homes.
How did you find this deal and how did you negotiate it?
Brought to us after selling a piece of land with minimal building potential.
How did you add value to the deal?
Went through city planning and development to get approval for 9 SFH on a 3 acre subdivided parcel. City required us to find water savings equal or greater to usage by new houses being constructed.
What was the outcome?
In progress
Lessons learned? Challenges?
Try to rely less on other people to handle time sensitive matters.