The biggest challenge is finding a team you can trust that will run the business for you because its not passive at all. 

Challenges?

Challenges?

The November 2024 report from the Austin Board of REALTORS® shows stable housing prices in the Austin metro as we approach end of year.

Your background as a licensed architect with experience in commercial and residential projects is an incredible asset, especially here where so many members are navigating construction, renovations, and design challenges.Out of curiosity, have you worked on any projects that were particularly challenging or rewarding?

Challenges?

This will allow the team to develop and review project processes and management strategies to move forward with more challenging, yet rewarding, properties.I come from a very process-oriented background (Mechanical Engineering), and my goal is to learn and develop each step of the process, from start to finish, to continuously improve the team and ROI of each project. 

The challenge is being liquid enough for acquisition, marketing, and closing to hold these properties for 36 months minimum.Thoughts on what is a fair partnership in this scenario?

I challenge you to find anything that overrides the protections on unpermitted units conveyed by these state regulations.  

I’m curious about how financing works in this space, especially since land investments have unique challenges and opportunities compared to traditional property flips.