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Updated over 2 years ago on .

User Stats

81
Posts
30
Votes
Amit Chawla
30
Votes |
81
Posts

Single Family Home Community Development

Amit Chawla
Posted

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.