I post this here because new investors make this mistake more than others.I am a builder/developer in Texas.

He also is starting his own real estate company where he and another partner will be making a housing development of million dollar homes.

Can't get lower land carrying costs than that.Most developers underestimate how long permitting may take.

It was fully operational when I took it over and I have been developing it since then.

My realtor is a better negotiator than I am and the MLS will be seen by way more prospects than my FSBO sign or ad in the paper.Good Luck!

The market is highly developed and can be tough for the new guys.

Become a property manager that thinks and acts like an owner would, and I'm sure you will develop many satisfied clients.As for marketing for clients, I would recommend becoming an active member in your local Real Estate Investment Clubs.

Land is always a great pick if wanting mid-term to long-term wealth especially working as a developer or with a developer or investing within developing company.

We are still selling a ton of real estate and new developments and investment opportunities are becoming available every day!

Associated Real Estate Services (ARES) works closely with financial institutions and real estate developers.