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Secrets of New Construction

Secrets of New Construction

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Learn the secrets of buying new construction properties in Winston-Salem.

This class is Module 36 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

  • The pros and cons of investing in real estate with new construction properties
  • What price of new construction should you focus on for investments
  • Different builders, different standards and how to deal with that
  • The downsides of the builder contract for real estate investors
  • Getting ridiculously amazing deals on new construction properties
  • The risks of investing in new construction properties that are different than buying resale properties
  • Risks associated with financing new construction and how to mitigate them
  • The math and benefits of upgrading to an extra bedroom when buying new construction
  • Builders to refuse to sell to investors and what to do in those situations
  • How builder pricing works and taking advantage of it as an investor
  • Metro taxing districts and how to account for them
  • Non-potable water on new construction properties
  • Why to be wary of builder’s reps
  • Using a real estate agent or broker to buy new construction
  • The considerations of choosing a lot when buying new construction
  • The math revealed: rolling in premium-priced builder extras or buying extras at a discount post-closing
  • The imperfections of dealing with fences when buying new construction
  • Customizing new construction properties when investing
  • Radon on new construction properties
  • Sewer lines and sewer scopes when buying new construction
  • Gotcha! Inspecting new construction properties
  • The builder walkthrough and dealing with missed expectations
  • Dealing with builders using your property as a model before you close
  • Visiting your property while under construction and avoiding having your contract terminated
  • The PITA clause in builder’s contracts
  • What to expect when walking through prior to closing
  • Builder warranties and extended warranties on new construction
  • Dealing with unsatisfactory concrete on new construction
  • The ideal vs reality when taking marketing photos of your property after closing
  • Bonus cash flow: assessing new construction properties
  • Competition and vacancy of new construction properties
  • Renting new construction: an easier sale?
  • Warning: builders cutting corners to save money
  • The myth and truth behind builder lawsuits
  • The dangers and upside of new construction speculation
  • Utilizing the new construction lease-option real estate investing strategy
  • Plus much more...

Check out the video and additional resources related to Secrets of New Construction.


Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Winston-Salem real estate investor podcast? Book a free consultation to discuss.

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