Just had lunch with a very successful local investor who has well over 100 rental homes, and numerous flips under way, and the holding LLC is named after himself!

The big plan is to use the brrrr method which is under way now.

We are going into a liquidity freeze in housing (already underway.) the “no inventory” myth is about to be exposed quickly.

Below are some of the major projects currently under construction (not just planning): Sphere Las Vegas - $75MResorts World Las Vegas - $7BDrew Las Vegas - $3BRaider's Stadium - $2BLas Vegas convention center expansion - $750MGoogle - $600M data centerUnion Village - $1.2BProject Neon - $900MPalms Casino Resort Renovation - $690MCaesars Forum Conference Center - $375MThere are many other projects underway but the above are the largest we know of.

I think it's critical that you visit your flip site at least once every two days while work is underway, especially since you have a construction background.  

Horton is so big with so many projects underway this one likely didn't get the attention it needs.

There are many new ordinances underway.  

Massive development is under way that is bringing a lot of jobs and young professionals.

Matthew Philipchuk, on houses, I'm seeing around 7% to 9% net yield (we've been buying as high as 14% net yield but cap rate compression is underway), and on a levered basis we're in the high teens.

I've got my first deal underway.