β Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/mastery
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.
βΆοΈ Next Video: How to Analyze a Duplex Rental Property (Real Life Example)
https://youtu.be/MPbuwBH_ZDo?si=zufxp_BYIBPyQxmm
π Coach's Free Construction Plans & Draw Spreadsheet:
https://www.coachcarson.com/newbuild
π Show Notes:
https://www.coachcarson.com/buildtorent
π¬ Topics Covered:
00:00 - My new construction deal
00:23 - Details of the land purchase in Seneca
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
09:41 - Strategies for acquiring lots in older subdivisions
14:28 - Process for obtaining building permits
18:12 - Role of engineers in the development process
20:33 - Different methods of funding land development
24:13 - Valuing a plot of land
28:37 - How to choose a new construction house design
32:18 - FREE resources on construction plans
36:42 - Financial breakdown of the project
46:00 - How to analyze a rental property (real life example)
π Connect with Eric:Β
β’ Email: [email protected]
β’ Website: https://ericnewton.com
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βοΈ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-YT
π₯οΈ Learn with Coach (Courses, Books & more):
https://www.CoachCarson.com
β
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π° DealMachine β Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT
Did you miss our previous article...
https://realestatevideos.club/Land-to-Build/purchasing-land-101-behind-the-build-podcast-mitchell-homes