Tips to Successfully Navigate the CHALLENGES in New Construction Today

New construction is an asset class that has seen a lot of challenges over the last few years, from supply chain and labor issues to delays in permits, and so much more. It has gotten a lot more complicated, but real estate investors are still finding ways to build houses and remain profitable through these market conditions.

Watch this video to learn more about new construction in today’s market and how you can navigate the challenges that come with it!

Key Talking Points of the Episode

00:00 Introduction
02:01 What trends are we seeing in the real estate market today?
04:25 Who is Jeff Johnson?
06:30 What issues are spec builders experiencing in today’s market?
09:45 How are people navigating the supply chain issues we’re experiencing?
12:34 Why is it not ideal to substitute lumber for spec building?
13:23 What are the pros and cons of 3D printing houses?
14:03 What does the future of new construction look like today?
15:23 What are the pros and cons of building modular homes?
18:50 How does Jeff’s wholesaling business help with new construction?
20:03 What is Jeff’s advice for investors who want to get into new construction?
24:51 What is entitled land?
27:45 What challenges are we seeing in land properties near Charlotte?
30:09 How much work is needed when you’re buying land that isn’t entitled?
33:01 Why do builders avoid having land on their balance sheets?

Links

Website: Better Path Homes
https://www.choosebetterpath.com/

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Bill Fairman and Wendy Sweet, sibling principles of Carolina Capital Management, have a combined 35+ years of conventional real estate sales and finance experience. They, along with President/CEO Jonathan Davis, serve as consultants for investors, guiding them to network with other investors and educating them in locating and structuring transactions. We put People and Principles ahead of Profit--always.

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