If existing houses are cheap relative to land and constructions costs, and supply is high, it may not be worth developing even if the agency says "do whatever you want".

The property is 2 stories and 15,000 square feet and was constructed in 2005.

Likely that he faked a robbery at a construction site, though I can't prove it, but it was after that when things went downhill.

Hey all, Anyone ever work on ground up data warehouse construction/real estate transactions?

I have private money family friend who wants to fund multiple investments and since I come from the construction industry they are confident in my ability to rehab properties.

I grew up with a realtor for a mother, but she’s not too well informed on new construction.As it stands today, I have roughly 70k liquid and looking to invest in building a new construction home for profit.

I didn't realize the construction work is paid out of pocket and then reimbursed, so I had to nuke a lot of my bitcoin to pay for the first 12k worth of work to get the project started, so unless your lender gives you some construction money up front, you'll need to account for that too.

That's been my experience and I'm really glad I pivoted, but your location might have other mid-term niches you can capitalize on (construction, business, etc).

I am working to build out some models for each but I don't have a clear idea of the route forward for construction or long term financing.

So you are doing construction in your yard, but not directly connected to the existing structure the tenant lives in and they are already complaining?