Meet the Investor: Background and Ambitions of a Real Estate Professional
I am a full-time real estate developer and part-time real estate agent. When I'm not working on new projects, my two children and wife keep me busy.
What Drives Your Passion for Real Estate Investment?
I’m a creator. I love building or renovating a quality, unique home from the ground up.
Not only does it allow me to create a living for my family, but it also allows me to pass down wealth to my children. The result is excellent, but experiencing the journey, the ups and downs, makes real estate investing an exciting career.
The Journey to Finding a Profitable Real Estate Deal
I found my deal through the MLS.
Addressing Challenges in Real Estate Ventures
One of the biggest challenges in real estate ventures is budgeting for the unexpected. We set aside a contingency for any unexpected repairs or expenses so we wouldn't have to scramble to pay for any issues.
Project Highlights: Celebrating the Most Rewarding Aspects of this New Construction Deal
The most rewarding part of the project was doing the final walk-through of the home with my family. My favorite part of this deal was the buyer’s reaction once they closed on the house. When the buyer is happy with the quality and character of the home, it's always a great feeling.
Reflecting on the Real Estate Experience and Future Improvements
For my next deal, I will build relationships with the neighbors. I believe that building relationships with the neighbors lets them know that you care about the neighborhood.
This current project showed me how excited neighbors are about new builds in their community. They also want to feel like they are part of it. The neighbors for this project were beneficial to us, so we always want to make it a priority to build relationships within the communities we develop.
Insights for New Investors: Essential Advice for Starting in Real Estate
When I first began investing in real estate, I wish I had known how important it was to keep my business organized. Now that I have a team and systems, I can focus on my strengths.
Why Partnering with Longhorn Investments Made a Difference
I was recommended through my broker contact.