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Updated almost 4 years ago,
Highway to Build, If you build it they will BUY
Another fun Build. An investor of mine was holding a lot that he bought back in 2010 located on
a weird looking lot and right under the highway, when he mentioned this to me i suggested why not build a new SFR on it. He slept on it and before I starting my day, I received the text "let's do it"!
So we started the process and before he knew it I had it built and ready for my realtor to sell it for him.
End Game:
Lot: $30k
Build was $197k
Sold within the week at $350k
Permits took 28 days for apporval and the build took 7 weeks.