Myself and a partner have a potential opportunity for a spec build, and I am trying to run numbers for the proposal.

Hello BP, Looking for a bit of insight here as I am looking to bring leasing in house...My partner and I currently own/operate our portfolio of ~250 MF units, in Miami, FL.

The goal we've established together is to partner with her on her first deal. 

They're more likely to open those if they're mom and pop owners.Call them, thats the fastest and most efficient way to contact them + letters.Brother, if you find a great deal and have no money to buy it you can find the money, money is always looking for deals, Partner with a buyer, do a wholesale, do a JV, get creative.

1) Yes I thought that maybe the best route an MTR. 2) still building cash reserves and trying to figure out a good number. 3) No strong experience in the area, I would look to hire someone to manage.4) I was thinking multi unit rents can pay for property and one unit can be STR or MTRWould love to coordinate a game plan

Pay taxes on profit in year it sold.Now, if you are doing this in partnership and will need partnership returns filed, along with partner K-1s, etc, that adds a little more complexity.  

New construction offers a unique blend of potential high returns and control over the investment, making it an attractive option for those looking to diversify their portfolios.The Advantages of New Construction InvestmentCustomization and Control: New construction projects offer investors the chance to tailor properties to meet current market demands, ensuring higher occupancy rates and returns.Energy Efficiency and Sustainability: Modern constructions come with the latest in energy-saving technologies and sustainable materials, appealing to a growing eco-conscious tenant base.Lower Maintenance Costs: With everything brand new, the initial years following a new construction project see significantly lower maintenance costs compared to older properties.Tax Incentives: Many regions offer tax benefits for new construction projects, especially those that meet certain environmental or economic development criteria.How to Approach New Construction InvestmentEmulating Buffett's investment strategy involves careful market research, understanding local real estate dynamics, and potentially partnering with experienced developers.

Look for areas with steady renter demand, good condition and size that suits renters, strong potential rental income.

Good afternoon,So I am starting out, my business partner and I just launch our company.

It has a strong potential for cash flow and property values are steadily increasing.