What part of town are you in?

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.

I bought vacant land, built a spec home and sold it to an end user.

Nonetheless if you can build a 7 plex for $700K (in my area, things are getting built for $200-300 a square foot), it definitely seems like a profitable endeavor. 

Buying a large new build home can also work well as a house hack as you can charge a premium rent, and generally most bedrooms built now a days have en suites (at least in my market).  

I am also more than happy to share any of the content/processes we have built. 

I am wondering if prefab or stick built would be the way to go.

I am selling some land and some tiny houses i built this year but you know how that can be.

It was the worst house in the best location. 5 acres just above a lake outside of a desired town.

The tourism demand is strong year-round, especially in beach towns like Panama City Beach or Destin.