I’d love to watch your journey.

Land development is a very technical space and there is a lot to know and watch out for but is very rewarding and lucrative when done correctly.

I started out as an investor in 2000 when CFDs and L/Os were still a thing, and watched as the Texas legislature gutted them because shady investors abused these tools. 

It allows us to watch out for extra guests and parties. 

Pay close attention to tenant screening and yearly inspections like the videos say and watch the video with the section 8 landlord with 70 rentals!!

We have been nervously waiting while we watch the interest rates go on a roller coaster ride, and now they have sent us an email stating that construction prices have increased dramatically, probably due to hurricane Ian and other supply chain issues, but they haven't received any specific cost increases from the builder yet so we have no idea what it will be.  

I recommend to use the BP calculator and the watch tutorials.

A general piece of advice; watch out for our property taxes.

Cash flow isn't much for any house above 250k but no doubt appreciation will be good after 15 years especially many big tech are moving their HQ here.One thing you should watch out for is property tax (asset value get reset every year) most new build in these area are higher than those houses in an older community because of one thing call MUD in TX which provide water, sewer and drainage, plus most house in the suburbs area of Austin are build in a HUD which all has HOA fees range from $20-$100 / mo.

@Daniel McNulty (great last name by the way...did you watch the Wire?)