For me,this is where you gave me a pefect example of where the current opportunities lie.”A buddy of mine is a builder in Florida. He’s telling me that it’s a massacre.” Developers are starting to walk away from projects.
I am looking at permitted projects that will sell CHEAP. I am small time so I won’t be buying any developements.
An idea I have that I might follow is to find a nice lot in a great neighborhood with big nice houses where someone has done all the grading, some infrastructure gotten permits and plans and now is walking. The project and land is cheap compared to putting it together from scratch.All the time wasted doing it was somebody elses.
I throw the plans for the 4500 sq. ft house and 4 car garage in the trash an build the smallest house in the best neighborhood. Man wouldn’t the neighbors hate me. It is a version of buying the worst house in the best neighborhood only the house is brand new.
