#383: Why I’m Building Properties, NOT Buying (Build-to-Rent 101)
Episode description
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🎙️ Episode #383 – 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.
📋 Coach's Free Construction Plans & Draw Spreadsheet:
https://www.coachcarson.com/newbuild/
📄 Show Notes:
https://www.coachcarson.com/buildtorent/
🎬 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)
🔗 Connect with Eric:
• Email: [email protected]
• Website: https://ericnewton.com/
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