I think a problem if we own it is how the builder would get the construction loan since it is my understanding that in these type of deals, the builder would leverage the paid off land for construction.We would want to be passive.

Hey guys,My family and I are starting a new construction business, with our first build underway in Cornelia, GA.

By gaining insight into the investor’s goals—whether it’s flipping properties, acquiring rental units, or developing new constructions—the broker can tailor their approach and identify the most suitable lending options.Once the broker comprehends the investor's needs, they leverage their extensive network of private lenders.

Have contracts that provide working days per task and include the overall construction schedule.

I was thinking I would give them like 90 days notice w the option to stay for a temporary rent reduction through construction phase. 

I would love to connect with local contractors regarding the possibility of building a new construction duplex or a modular home duplex.

New construction is sparse and only high-end homes. 

I went back through all my numbers for 2024 and subtracted all the construction costs of improvements we have made and found quite a bit... so once I remove all that net profit looks like $110k. 

So percentage wise Jacksonville has seen a crazy amount of new supply being delivered which has affected rents.We also manage a portfolio of new construction homes in Palm Coast and Palm Bay and rents for those homes have dropped $25-75 depending upon floorplan and submarket and they’re taking longer to lease up compared to 2 years ago.A lot of Florida is having similar issues of stagnating or dropping rent, but it definitely depends on market, submarket, asset type, etc. 

Quote from @Algerson Andre: Hello Everyone - I own property in Buffalo,NY that sits on a big lot that has the potential to serve as ground for a New construction duplex to be built.