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All Forum Posts by: Devin James

Devin James has started 103 posts and replied 458 times.

Post: Providing New Construction Buyers with "Options" Without the Overwhelm

Devin James
Posted
  • Developer
  • Orlando, FL
  • Posts 467
  • Votes 279

We haven't offered any “options” to buyers because it creates a lot to manage during the build process. But we’re starting to realize that not all upgrades have to be complicated.

There are a handful of simple, affordable upgrades we can offer while under contract that add real value for buyers—without adding major complexity for us.

Things like:

- Screened lanais

- Upgraded light fixtures

We’re exploring the idea of having a model home that includes these upgrades, and giving buyers the option to add them in for an additional cost. Clean. Simple. Valuable.

Post: You Must Stage your Home

Devin James
Posted
  • Developer
  • Orlando, FL
  • Posts 467
  • Votes 279

Below you can see the impact of a staged vs. un-staged home.

In challenging markets, with plenty of options for Buyers, you've got to make your listings stand out.

Staging creates an emotional connection and helps buyers visualize themselves in the home.

Staging + Professional Photos = Powerful First Impression

In competitive markets, these details aren’t optional—they’re a must.

Post: Always Consider Seller Concessions in your Numbers

Devin James
Posted
  • Developer
  • Orlando, FL
  • Posts 467
  • Votes 279

We average about $10K in Seller concessions per home sale.

If you’re building new construction, flipping, or planning to sell your current residence, expect to provide Seller concessions.

If you’re buying, ask for Seller concessions.

Seller Concessions = Seller agreeing to pay for some or all of the Buyers closing costs.

Post: Will Population Decline Affect Housing?

Devin James
Posted
  • Developer
  • Orlando, FL
  • Posts 467
  • Votes 279
Quote from @Eric Fernwood:

Hello @Devin James,

The US will likely not face population decline in the next decades due to immigration and longer life spans, even if birth rates decline.

However, national averages have limited relevance to individual cities. Cleveland, Ohio, offers a stark example of population decline. From its peak of over 914,000 residents in 1950, the city's population fell to 750,000 by 1970 and plummeted to about 372,000 by 2020—a 50% decrease since 1970. This dramatic decline stemmed not from birth rates but from issues with city government, crime, and cost of living.

During the same period, the population of the Las Vegas metro area has grown dramatically since 1970. In 1970, the population was approximately 273,000. By 2020, it had surged to over 2.3 million, representing an increase of more than 740% over the same period. This also had little to do with national birth rates.

As investors, we should focus on city-level performance, not national averages. Focus on cities with both significant, sustained population growth and consistent appreciation of existing properties. These two factors serve as strong indicators of a city's long-term economic outlook.


 This is great insight.

Similar to focusing on different markets. One market can be booming, another can be on the decline.

Post: Which CRM do you Swear by?

Devin James
Posted
  • Developer
  • Orlando, FL
  • Posts 467
  • Votes 279
Quote from @Chris Seveney:
Quote from @Devin James:

We’re currently building out our CRM

Real estate is a relationship business and follow-up is everything.

Your memory isn't built for scale.

That’s where a CRM (Customer Relationship Management) system comes in:
1) Tracks every interaction
2) Keeps follow-ups from falling through the cracks
3) Automates reminders, emails, and tasks
4) Helps your entire team stay on the same page

We’ve been building out pipelines in HubSpot for:

- Investor leads

- Land acquisitions

- Homebuyer journeys

It will help us stay more consistent, clear, and scalable.

Our future self will thank us.

What CRM are you using?


 Right now we are using go high level and it does everything we need it to do for $300/mo


 Never heard of it, ill take a look, thanks!

Post: Which CRM do you Swear by?

Devin James
Posted
  • Developer
  • Orlando, FL
  • Posts 467
  • Votes 279

We’re currently building out our CRM

Real estate is a relationship business and follow-up is everything.

Your memory isn't built for scale.

That’s where a CRM (Customer Relationship Management) system comes in:
1) Tracks every interaction
2) Keeps follow-ups from falling through the cracks
3) Automates reminders, emails, and tasks
4) Helps your entire team stay on the same page

We’ve been building out pipelines in HubSpot for:

- Investor leads

- Land acquisitions

- Homebuyer journeys

It will help us stay more consistent, clear, and scalable.

Our future self will thank us.

What CRM are you using?

Post: Buyer Activity Is Back!

Devin James
Posted
  • Developer
  • Orlando, FL
  • Posts 467
  • Votes 279
Quote from @Caleb Brown:

Seeing the same. I think it is partly due to the weather. Also seems buyers that were waiting in 2023/2024 are getting in the mix of buying. Only so long people can wait before they have to buy/sell. This year does seem like it'll be better compared to the past couple but we'll see


 Hopefully! Im optimistic. I Dont think itll get any worse. Builders quarterly calls are showing that pricing has not increased due to tarrifs.

Post: Buyer Activity Is Back!

Devin James
Posted
  • Developer
  • Orlando, FL
  • Posts 467
  • Votes 279

The past 30 days, we’ve seen a huge shift in buyer interest.

January and February were pretty much dead.

But the last two weekends our phones have been blowing up with showing requests.

Is anyone else seeing the same trend?
- Seasonality?
- Rate drops?
- Pent-up demand finally unlocking?

Whatever it is, buyers seem to be back… at least for now.

Curious what others are experiencing in your markets?

Post: Seller Financing Explained (High Level)

Devin James
Posted
  • Developer
  • Orlando, FL
  • Posts 467
  • Votes 279
Quote from @Mike Grudzien:

You didn't mention tax advantages for the Seller.


 Great point! Im not too familiar with these advantages.

Do you have any insight?

Post: Seller Financing Explained (High Level)

Devin James
Posted
  • Developer
  • Orlando, FL
  • Posts 467
  • Votes 279

Seller financing is when the person selling the property acts like the bank.

Instead of the Buyer going to a bank for a loan (mortgage), the Seller lets the Buyer make payments directly to them over time.

There’s usually a promissory note that spells out the loan amount, interest rate, monthly payment, and any balloon payment (a big lump sum due at a future date).

It’s kind of like a rent-to-own or “buy now, pay me later” deal, but with ownership transferring right away.

Pros:
- Easier to Qualify for Loan
- Flexible Terms
- Usually a smaller down payment

Cons:
- Usually a Balloon payment
- Harder to Find
- Higher Interest Rates