Mastering New Construction: Insights from Coach Carson's Seneca Deal
- Authors
- Published on
- Published on
In this riveting episode from Coach Carson, the focus shifts dramatically from old, worn-out rental properties to the thrilling world of new construction. The team's bold move to delve into the realm of build-to-rent properties is nothing short of a game-changer. They take us on a wild ride through a recent deal in Clemson, South Carolina, where they snagged a prime piece of land spanning over six acres in the vibrant town of Seneca. The allure of this property lies in its strategic location, just a stone's throw away from the bustling downtown area, promising a lucrative investment opportunity.
As they dissect the anatomy of this deal, the team emphasizes the critical role of location, highlighting the significance of walkability and density in the realm of new construction projects. From scouting for the perfect parcel of land with flat topography to capitalizing on existing infrastructure, every move is a calculated step towards success. The conversation delves into the nitty-gritty of maximizing lot potential, navigating the complex web of city regulations, and overcoming the challenges posed by varying topographies in land development.
Drawing from a wealth of experience, the team shares valuable insights gleaned from past triumphs, including ingenious strategies like acquiring lots in aging subdivisions and unearthing hidden gems in infill neighborhoods. They unravel the intricate process of subdividing larger lots in established areas, shedding light on the interplay between zoning regulations and potential covenant restrictions. Coach Carson's journey from seasoned rental property connoisseur to daring new construction maven is a testament to the boundless opportunities that await those willing to take the leap into uncharted territory.
Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
Watch Why I’m Building Properties, NOT Buying (Build-to-Rent 101) on Youtube
Viewer Reactions for Why I’m Building Properties, NOT Buying (Build-to-Rent 101)
Viewers sharing their own experiences with land development and rental properties
Positive feedback on the video content and information shared
Questions about financing, building permits, and rental prices
Concerns about high construction costs and feasibility of profit
Discussion on different approaches to real estate investment, such as buying vs. building
Mention of challenges in the real estate market and impact on housing development
Interest in joining build-to-rent mastermind/investor groups
Criticism of land developers as potentially harming property values and communities
Questions about bank loans for development projects
Debate on the impact of land development on housing affordability and community dynamics
Related Articles
Mastering Anti-Fragility in Real Estate: Strategies for Success
Coach Carson explores anti-fragility in real estate investing, advising on strategic cash reserves, debt management, and the power of small, flexible deals for long-term success.
DSCR Loans: Flexible Financing for Real Estate Investors
Discover the power of DSCR loans for real estate investors with Coach Carson and mortgage expert Brian Maddox. Learn how these flexible loans based on rental income can benefit self-employed individuals and foreign nationals, offering an alternative to traditional financing.
Top Real Estate Books: Millionaire Strategies, Survival Tactics & Expert Insights
Explore top real estate books: "The Millionaire Real Estate Investor," "The Real Estate Game," "Building Wealth One House at a Time," and more. Gain insights from millionaire investors, survival tactics, and expert strategies for intelligent decision-making in real estate.
Build the Rent Strategy: Navigating Rising Costs in Real Estate
Coach Carson explores the benefits of Build the Rent strategy, emphasizing the appeal of new properties in attracting top tenants and navigating rising costs in real estate investing.