Have you ever wondered what it takes to develop real estate from scratch? To start from the ground up and design an entirely new construction residential or commercial property? If so then this episode of the Nashville Investors Podcast is for you! This week on the podcast Nashville native, Roberto Guiterrez of Jackson Builders, gives an insightful first look at what it takes to be a successful real estate developer. Then, before engaging in a lively audience Q&A, Roberto carefully uncovers key points relating to the development process like:
- The importance and scope of due diligence
- What to look for in acquisitions
- Financing your deal
- Real life case study
- And more
Finally, Roberto offers insight on what it looks like to partner with a real estate developer as an investor and announces potential opportunities to become involved with Jackson Builders. Whether you are seasoned or just beginning the real estate journey, this episode is for anyone interested in the basics of real estate development.
Quotable moments from this episode:
“I think what it really comes down to is having a good team. You get what you pay for. We’ve tried going the cheap route before and it didn’t work out.”
“You can typically get a loan for 80% of the appraised value of your development.”
“Mitigate your rise. With any type of development I think it’s important to partner with someone who’s done it before.”
Resources mentioned in this episode:
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Chris Picciurro – Integrated CPA
Billy Brown – Real Estate Lender
Eric Stewart – Insurance Agency
Dave Ganatra – House On The Rock Home Inspections
Laura Perry – Homeland Title
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