There is probably a number of people out there with questions concerning this blog or real estate investment and development in general. Pressing the “Ask Me A Question” button brings you to this post. Ask me a question in the comment fields below after pushing the button and I will do my best to get […]
Real Estate Investment Professionals
If you have read the previous posts, you will see that we learned one of our lessons we shared the hard way. We were not ready to do business immediately. Although we had hired an architect and were buying our land, we didn’t have a lot of things in place that we […]
Adding Value to Your Development Deal
My previous post discussed how we selected our architect. This post addresses how we chose the building lot. This would be a major decision since the cost was a significant portion of our overall development. Our initial financial model had the land estimated at $500,000 of the overall $1,323,062 in […]
Real Estate Development Tasks
Once we received our commitment letter from the bank, we had three major tasks to accomplish. We ran these tasks in parallel. They were:
Choosing our architect
Choosing our contractor
Picking our building lot
This post addresses how we chose our architect. Investigating all the architects currently working in the lake development we had targeted revealed […]
I remember when I landed my first job out of college. It was a good job with good pay. I thought I had it made. I was living away from my family in another state. Christmas was coming and I didn’t have any extra money for gifts and I just thought I would go down […]
Financial Plans Required
You always need to have a firm plan in place before you start a real estate development or investment. It is too easy to find out about a “great” deal and get committed before you actually run the numbers. You must know what you actually need to do to make a deal successful. […]
