By contrast, we just teach “stick to good underwriting, using title reports and escrow and having sufficient capital to make sure the seller is cared for”.

@Jaycee Greene Yeah it is easy for one to get discouraged when buying this type of project but I must say they are decent when trying to start low and build capital, that way you dont have to deal with **** properties or mediocre neighborhoods again. 

The best thing about a new build is the capital expenses and maintenance and repairs will be minimal for many years.  

I think your clients should think about this as short-term funding that they would need to pay back rather than a long-term solution for capital.

If you can't even do one, then continue to save judiciously to get your "starter investment capital". 

As ground-up ADU builds gain popularity I hope we see some affordable options, like modular, but from what I'm seeing now the ROI just wouldn't be there.I'm trying to help spread the word about this law and compile as much information as possible so I can help investors capitalize on it.

A syndication was way overkill because there were only 5 capital partners so they customized an operating agreement with their attorney that outlined roles and responsibilities, distributions, membership interests, etc.And you don't have to have all this stuff figured out right now; it's very customary for us to assign the contract to whatever customized entity we end up forming.Just one caveat. 

As the state capital, it boasts a strong government and military presence, supported by the nearby Air Force Base.

It’s great to hear about your goals—wholesaling is a fantastic way to build capital and experience for rental properties and flips.I’d love to connect and explore how we might work together to grow our businesses.

I was not ready due to limited capital.