Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

If you are not happy in your current role and/or company, there is no shame in pivoting your career into something that attracts you and positions you for long term growth.

The best way to do no-money down deals is to have money as leverage to make the no-money down part more attractive in another way.

I think some of your exit strategies could be to reposition and add some unique features to your rental to attract more renters and potentially drive a higher price, 1031 exchange and move it to a different area or even market.

It is a great market, yes it is expensive but I feel tourists are paying big city dollars to be here in the summer, ADR on return is very attractive. 

That is basically gifting you money. 10% down is also way too low to make it attractive for a seller to finance you. 

Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

Partnering with Susan Rosati provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

The most attractive feature of the state was relative affordability and no state income tax. 

Partnering with Denis and Samantha provided valuable local insights, making this an attractive and strategic investment for Partner Driven.