S1E31 - Build to Rent 101 - Understanding Market Dynamics and Processes

Joseph, a buy and hold investor from New Jersey, discussed his strategy of purchasing and developing properties for wealth generation, with a focus on new construction. He compared regional costs of new construction and renovations, noting the Midwest as a potential hotspot for new construction due to lower costs. Justin, a market player from Louisiana, shared his experience with new construction and fix-and-flips, highlighting a shift in demand towards new construction after a major flood in 2016.Joseph emphasized the advantages of new construction over renovated homes, the benefits of private landlords, and the opportunities and challenges in the new construction rental space. He also suggested that retrofitting existing structures could be a cost-effective solution for creating affordable living spaces, but warned that such projects could be complex, encouraging collaboration with project management experts. Contact Our Sponsors=================Perkitech - https://perkitech.com/Built Lending - https://www.built-lending.com/MB Capital Solutions - https://mbcapitalsolutions.com/Joseph @ Built Lending - https://www.linkedin.com/in/josephvscorese/Contact Us===========Main Website - https://creativebrrrrstrategies.com/Podcast Site w/ All Links - https://thecreativebrrrrstrategiespodcast.buzzsprout.com/share/Email - [email protected]