All Forum Posts by: Deja Clark

 Thank you! Just reached out.

I'm working on a ground-up 3 bed / 2 bath home with a 1-car garage in Port Charlotte, FL. The ARV is $270K and my total all-in cost (including land) is a little under $205k.

The land itself was a blessing in disguise. The developer next door accidentally cleared it thinking it was his. The previous owner resolved the code violation with the county before selling it to me and now I own a fully cleared lot, which is rare for this area where most parcels are still completely wooded.

That saved me at least $6K upfront in clearing and shaved time off the timeline before I even broke ground.

Right now, the project is in permitting with an ETA of about two to three weeks for approval. 

While this is my first new build, I’ve partnered with a licensed GC and I’m under the wing of a seasoned mentor who’s built this exact same floor plan multiple times. One of his students just completed it in 5 months. I’ve got access to his full team of subcontractors and ongoing guidance throughout the build. Pictures are below.

The property sits in Flood Zone X, so there’s no flood insurance required. It’ll be built using concrete block, with impact windows and doors. 

Primary exit: sell. Secondary: refi and rent. 

If this even slightly piques your interest, I’d love to jump on a quick call and see if we’re a good fit to work together. There's chemistry in business.

📧 [email protected]

I'm building the EXACT same floor plan as the two builds below ⬇️

Hey Ivan. I live in the Tampa Bay Area but I’m building out in Port Charlotte. If you’re interested in a 20% annualized return, reach out! I’ll also be dm’ing you. 

 Absolutely! I ran from it.

@Jaycee Greene Thank you for your insight! I definitely ended up passing on this "deal" based on the red flags. Seems like the few people I talked to that are selling land in Florida are trying to sell it above retail without understanding that most of their potential buyers are going to be builders.

Hey All,

I have zero experience in real estate. My aspirations include becoming a real estate developer, so I want to learn as much as I can. I heard the deal starts with the land purchase!

How would you structure this deal to make it work for a single family home build?

I entered negotiations with a wholesaler for a vacant lot. The price started at 120k and I counter-offered 90k to which the seller was going to accept. However, they wanted fast close at 10 days when I need 30-40 days to complete the survey. I then lowered the offer price to 70k since I wouldn’t be able to complete the due diligence piece. The seller’s most recent counter-offer was 90k for 30-40 day closing with a 10k non-refundable earnest money deposit.

Location: Tampa, FL

Zoned: RS-50

Lot size: 6,969 sq ft

New construction homes in the area are selling for at least 350k.

*** Also, this deal has lots of red flags including the immediate 30k price drop, the 10-day fast close & the non-refundable 10k EMD. For kicks and giggles, I would still like to know how you guys would make this deal work for you. All insight is appreciated :)

Hello to all. My name is Deja, and I am new to real estate investing. I wouldn't even say I've gotten my feet wet, yet. I started driving for dollars in 2022 but stopped because I felt overwhelmed with the "what if they agree to sell". I have no clue how to structure an owner-financed deal. If anyone could point me in the right direction... whether it be books, videos, seminars, or mentors... I would greatly appreciate it.

Wishing the best of luck to anyone currently seeking financial freedom.