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8 December 2024 | 7 replies
My goal is to build a business that serves corporate clients; construction and infrastructure development teams, medical/education faculty, corporate relocation, family emergency relocation services, sports travel/events, corporate and industryand I want to learn from those of you who are doing this successfully and are willing to share actionable ideas for how I can be successful in offering value to these groups.Thank you!!
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27 November 2024 | 2 replies
New construction has a very different risk profile from buying existing properties and fixing them up.
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5 December 2024 | 5 replies
Those lenders that can do construction loans or commercial fundings.
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4 December 2024 | 4 replies
Hey Errol, Im open to getting on the phone with you to give you some perspective of this type of construction and what you should expect if you decide to move forward.
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10 December 2024 | 14 replies
Ground up construction, in another state.
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4 December 2024 | 8 replies
These types of exchanges are great for purchasing new construction.
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3 December 2024 | 3 replies
Phase #1 - Recovery - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."
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5 December 2024 | 2 replies
General Market Dynamics (Population Growth, New Construction/Development, DOM, average SFR Purchase Price)What other topics would you recommend be addressed in our content that would showcase the future growth and opportunities to our stakeholders?
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4 December 2024 | 10 replies
I also own lots in the Sevierville/Smoky Mountains area and am looking to start construction on those soon.
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4 December 2024 | 5 replies
Background: My mother was real estate agent and my dad knew construction so we flipped just about every house I ever lived in.