Guide 2 the Grind

What's the Deal with Pre-Construction?


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When I was first introduced to the strategy of buying “pre-construction”, I had no idea how vast the subject actually was. 


Here’s the craziest thing I learned about it…..


You can make a ton of money investing in pre-construction, without ever closing on the property. 


I know that sounds too good to be true, but it is. Of course there’s a number of nuances that you have to understand before you can do this, but it’s totally possible...especially in today’s market. 


In fact, a colleague of mine recently made $160,000 off of an $80,000 investment. Right place, right time, right strategy. That’s why it’s so important to understand multiple strategies in real estate. A lot of them depend on timing and market conditions. 


All of the real estate strategies work, otherwise people wouldn’t do them, but there are climates that are better suited to certain strategies. Today, with the barrier to entry so high in most existing homes, pre-construction offers flexibility in the up front payment structure, and different exit points, depending on your strategy. 


All in all, pre-construction has a lot to offer, and the more you learn about it, the more opportunities it presents to make money. 


That’s exactly what we’re talking about on today’s episode of the “Investment Property Income” podcast. 


www.guidetothegrind.com

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Guide 2 the GrindBy Jonathan Tillger & Geoff Edie

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