I co-own a small starting construction development company emphasized in single family residential properties.

I'm a software engineer in the Boston-area (Waltham), but I have a strong interest in real estate and development.

Jeff I do not consider myself a heavy hitter at all.Currently i have 5 quads for a total of 20 units but I am always looking for more under the right terms FOR ME.I am currently looking at 20 to 30 more units in my same development to purchase.I have an onsite maintenance man and property manager.I am a commercial real estate broker so my day consist of talking to clients and closing my commercial deals and then having reviews with my property manager of where everything is at and how it is going.My properties are value add deals whereby with work we are creating a large amount of forced equity into the project.So my highest dollars per hour is writing contracts and doing deals and talking to clients and working my own investments for myself.Anything else I try to delegate out to workers that make less per hour average then I do.good luck

I was trying to merge this goal with the goal of a moderate cash flowing property but it seems this isn't a possible scenario.I intend to invest in cash flowing properties outside of this deal and have already done one cash deal where I bought a property all in for 33k that would comp for about 35k and sold it on land contract for 48k, with 14k down and the balance to be paid at 8% over 6 years.I am continuing to learn and hope to develop my knowledge and comfort in doing a variety of real estate deals but for now I will start with buy/hold rental properties or land contract notes As I have minimal sweat equity/time.My financial situation is interesting as I am a fourth year medical student who will not realize a substantial income for another 5-6 years.

I am having a very interesting discussion with some folks I know about the JV versus regulation D private placement construct for capitalizing SFR development deals.

Lonnie I got started rehabbing / flipping with an internship for a developer.

Time constraints or lack of knowledge or even fear are their hurdles and most simply want to deal with a company they develop a high level of trust with.

I am happy to share my experiences and even some tools I developed for myself.

I am in Southern California, I currently work for a RE Developer and going nowhere fast.

These are new developments so it comes around a year later when it finally causes a backup or overflow.