Details on New Construction
Episode description
Welcome to another episode of the Big Picture Blueprint podcast! Your hosts Dan & Mason have something special prepared for you today — they will delve into the nitty-gritty details of new construction for land investors.
They will uncover the hidden truth behind new construction and why it might just be a better option than renovation. This episode will provide a comprehensive understanding of new construction's advantages.
Finally, despite the apparent complexity of starting from scratch, you will learn the systematic approach and step-by-step instructions that aim to simplify the process.
What we learned from Dan and Mason in this episode:
- The hidden truth behind new construction (... and why it’s far better than renovation.)
- What is a spec home?
- Why ‘raw land’ is the most commonly misused term in real estate investing
- What is horizontal development?
- Starting from scratch: The step-by-step process of building a house on your invested land
- The importance of having a reliable and trusted general contractor
- How to increase the value of your land investment
Notable Words From The Episode:
It doesn't matter what your income bracket is, buying a home for most people that are not an investor, it's going to be an emotional decision. -Mason McDonald
The next big important thing we need to talk about is selecting your general contractor, and if you do this right or wrong, this will make or break you. -Dan Haberkost
Connect With Us:
Mason McDonald
LinkedIn: https://www.linkedin.com/in/mason-mcdonald-748110113/ Website: https://www.coachingwithmason.com/
Dan Haberkost
LinkedIn: https://www.linkedin.com/in/dan-haberkost-68b03371/
Website: www.danhaberkost.com
Podcast:
YouTube: https://www.youtube.com/channel/UC9k29EM05guNetre9OufydA