There are so many ways to make money in real estate but have you ever thought of flipping new construction? This is often an overlooked opportunity in real estate, but there is huge earning potential in a short amount of time but does come with some more work. Building new construction spec homes can be much more predictable than flipping homes since you are starting a new build from the ground up. There are also different ways to go about building new construction when it comes to if you want to work for a client or build a move-in-ready home. Comment any questions you may have and take advantage of the resources below!
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01:22 Spec home vs custom build
02:07 how can I start?
02:19 the steps
02:35 why build and sell new construction over flipping
03:26 Another way to grow wealth
03:34 step 1 find the land
04:32 step 2 Find an architect, builder, or draftsman
04:50 step 3 Get bids
05:13 step 4 managing the process
05:38 BONUS TIP
05:47 step 5 get paper work approved
06:04 Step 6 start build
06:20 Step 7 put it up for sale
06:29 Progress update on the build
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I’m Breyanna. I’m an average person who is building wealth. On my channel, you will learn about real estate, stocks, personal finance, and anything else related to growing your wealth. I will try it all, so you don’t have to and you can learn from my mistakes. Dropshipping, Amazon FBA, Day Trading, Flipping Property, Tiktok Side hustles, investing whatever it is I will try it! I am a full-time real estate agent and investor and as I grow my wealth to my first million, you will to. My channel is meant to inspire, educate, and encourage growth!
Disclaimer: I am not a financial advisor and this is not financial advice. For entertainment purposes. Always do your own research before putting your money anywhere. Some links may be affiliate links in which I may receive a small commission, but at no extra cost to you.
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