All Forum Posts by: Mike H.

As long as you are frugal and complete your due diligence and a good portion of the leg work (as it seems you are doing), the overall costs of the development wouldn't be outrageous in comparison to a comparable existing park.  By that I am inferring to the modern amenities and build out of the infrastructure.  The maintenance on an old park would rack up costs quickly as well if its antiquated and has not been maintained properly.  

1. • Has anyone in the Houston market successfully secured hard money loans for commercial real estate investments? I'm particularly interested in hearing about your experiences with lenders, the flexibility of approval criteria, and the interest rates involved. Any recommendations for hard money lenders in Texas? 
2. • Also, exploring the option of joint venture financing for a commercial project. Are there individuals or entities open to forming a joint venture? What types of projects have you found suitable for joint ventures, and how did you go about finding potential partners? Any advice on navigating joint venture agreements and selecting reliable partners?

 Definitely a grind to get all these done while fighting with the city/county over tid bits of requirements.  They all seem to have their own quirky things that bother them but once you get over that hurdle you're golden.  

As for the road and pads...have you considered pulverizing some hydrated lime into the the clay?  That could possibly save you a lot as you will not need as much base to be brought in.  On larger sites I've even turned the soil to get some good sand below 10' and stack it in piles...then backfill it with top soil and extra clay (of course in areas not being utilized for traffic.  

You may also be able to simplify the easement with just a blanket easement and leave it up to the electric service provider to map out where their poles and transformers will be set.  

Looks like we have enough rain for the whole year this week....hope it doesnt throw a wrench on your work out there =)

 Zoning and requirements for cabins vary, some jurisdictions make it almost impossible to build them on slabs while maximizing the number of units you would like to develop in a plot of land.  Some are more friendly to these types of developments...for example, if you were to have the cabins sitting on wheels and they were able to be moved you would not be required to add the additional infrastructure.  Overall site plan and proposal when submitted will make a big difference in the outcome and requirements however.  Unfortunately there is no standard but getting a development like this would not be too difficult with proper planning.  

Things I would check...in no particular order would be:

Zoning regulations
Permitted Land Use
Environmental considerations
Infrastructure and utility requirements and availability
Building code compliance
Access and safety planning

Hello Maxim, I'm with a small design/build group.  We have architecture and design, engineering, and all trades in house.  Based in Houston but we do a lot of work in Austin and surrounding cities.  Recently joined BP to learn a bit more about the investment side of things and would love to chat and see what we can help each other out with.

 So far, all of the RV resorts we've completed were in Counties.  I did have conversations regarding potential projects within City limits but we've concluded that the restrictions would add a substantial development cost increase.  Given the nature of the rv parks, the outskirts of cities would be ideal along major freeways (or at least not too far from a major freeway)...of course there are different types of parks that cater to a variety of clientele which can range from seasonal workers, individuals who can't qualify for rental homes/apartments or purchase their own home.  

Many variables come into play when it comes to zoning.  I'd start with a generalized budget and determine what type of clientele one would be comfortable with working with.  

I've designed and built several RV resorts South of Houston within the past few years.  For sure one of the biggest hurdles is working with the utility provider (electrical).  I'd be happy to look at your layout and offer some suggestions and tips.

I agree with Samuel, you can use PEX as its easier to install/quick and cheap in comparison.  We've also used foam in a can in hard to reach areas and contained the foam around the pipes by using larger diameter pvc piping encased around the existing pipe...just need to split the pvc pipe long ways to get it onto the existing pipe and make sure to fill the void area in between.  

Hello BiggerPockets Community,

I'm pleased to introduce myself, I'm part of a design and build company rooted in Houston, TX. Our team, comprised of talented architects, engineers, and construction professionals, is passionate about engaging in insightful discussions within the real estate investment realm.

About Cronus: Hailing from Houston, Cronus has earned its reputation for design and build excellence. Our in-house team collaborates seamlessly to bring innovative solutions to real estate projects.

What Sets Cronus Apart:

1. Integrated Approach: Cronus emphasizes a collaborative process among architects, engineers, and construction experts for efficient design and build outcomes.
2. Global Perspective: While based in Houston, Cronus actively contributes to projects worldwide, embracing the diversity of the real estate landscape.

Why Engage with Cronus:

• Proven Excellence: Cronus has a track record of successful projects, showcasing a commitment to delivering exceptional results.
• Tailored Solutions: We understand the unique nature of real estate ventures, approaching each project with a customized mindset.
• Visionary Designs: Our architects bring innovative ideas to the forefront, ensuring projects stand out with visionary design.

I look forward to participating in meaningful discussions on real estate investment topics. Feel free to share your insights, ask questions, or engage in conversations about industry trends.