Hello everyone, my name is Max. I’m here to connect with like-minded individuals, gain insights from others, and contribute value wherever I can in the real estate field. Excited to learn and grow together.

Greetings BP community, I recently joined a national senior care living development team.

The Pearl is predicted to turn this area to a GLOBAL medical hotspot- forever changing Charlotte!

You could try typing developer on to the search magnifying glass in upper corner.

Excited to join the BP community.About myself - I am a principal of a RE development company and co-founder of an proptech company. 

Where single family rentals weren't exciting to me, building and developing land and redeveloping old spaces really intrigued me.

I'd really vet the developer, their past projects, talk to prior partners (GP & LP) to see how prior development deals worked out and how the communication was, etc.

Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball

we need our own forum for this concept. I'd argue that there are very select zip codes where this strategy works. You need to find a zip code where land values are 10% of less of after built value. You have to find a ...

Experienced developers, could you tell me how the process/financing works?