Hello all,We have a prospective family friend that would like to do a sale private party.

I am not interested in this space as a "get rich quick" solution but more so about developing and growing assets over time and eventually trading up into better assets that can provide the cash flow I need to accomplish my goals.

Why would capital requirements be any less than traditional development? 

Recently Trump has announced the nomination of Scott Turner to be the new Secretary of the Dept of Housing and Urban Development, HUD.

A wholesaler in Pflugerville brought me a deal when their cash buyer fell through, and it ended up being a win-win.Digging Into Pre-Development Permits: Austin has a lot of new developments, and I’ve had success reaching out to property owners near upcoming projects.

Someone told me there're some new build deals there but the area seems not well-developed and will need some time to get its value increased. 

The only thing I would add is using your time with prospective tenants to ask what they are looking for, how the unit aligns or doesn't to what they are looking for, etc. 

Hi @Mark Hafner, we are active in the Spanish real estate market and have been developing several real estate projects in the last few years in the Valencia area (Valencia city and the Costa Blanca).

@Arif GungorurMake sure you check any HOA or development restrictions.

Thanks for the suggestion. to answer yours, I’m hoping to start with acquiring, then eventually development.