β Join Rental Property Mastery, my community of rental investors on their way to financial freedom:
https://www.coachcarson.com/rpm
ποΈ Episode #383 β I always talk about buying rental properties, but what about building them? Eric and I break down our latest project in Seneca, SC - how we identified prime land, tackled zoning challenges, and financed a build-to-rent strategy.
π Coach's Free Construction Plans & Draw Spreadsheet:
https://www.coachcarson.com/newbuild/
π Show Notes:
https://www.coachcarson.com/buildtorent/
π¬ Timestamps:
00:00 - My new construction deal
01:40 - Unique features of the property
03:40 - Density and understanding zoning regulations
04:08 - Calculating potential lot yield
06:09 - Ideal characteristics of a development property
09:48 - Strategies for acquiring lots in older subdivisions
14:35 - Process for obtaining building permits
18:19 - Role of engineers in the development process
20:40 - Different methods of funding land development
24:20 - Valuing a plot of land
28:44 - How to choose a new construction house design
32:25 - FREE resources on construction plans
33:32 - Managing subcontractors and project timelines
36:56 - Financial breakdown of the project
46:41 - How to analyze a rental property (real life example)
π Connect with Eric:Β
β’ Email:Β [email protected]
β’ Website:Β https://ericnewton.com/
-------------------------- βοΈ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-pod
π₯οΈ Learn with Coach (Courses, Books & more):
https://www.CoachCarson.comΒ
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π¦Β https://twitter.com/CoachChadCarson
π° DealMachine β Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachineΒ