I Thought I Had My First Development Deal… Then the Price Doubled. скачать в хорошем качестве

I Thought I Had My First Development Deal… Then the Price Doubled.

If you’ve been following this journey to buy my first development lot, this week was real. I found a property that fit the 20% rule. Ran the comps. Made an aggressive cash offer. And for a moment… I thought we had it. Then everything changed. In this episode, I break down what actually happens when you think you’ve found “the one” — and how I prepared to close even before I had it under contract. We’re talking: How I evaluate land using the 20% rule Why good land deals don’t stay on market long What I did immediately after making the offer Using AI to structure the entire development process Why Future Land Use does NOT mean you can build what you want How planning departments actually control your project The importance of surveys, architects, and permits before closing CRA incentives, zoning, and density bonuses Why you must build your team before the deal is secured This week wasn’t about closing. It was about preparation. Development isn’t just buying dirt — it’s understanding zoning, impact fees, planning approvals, underwriting, financing requirements, and building the right team before you ever pour concrete. If you want to develop small multifamily, duplexes, or infill projects one day — this is the real work behind the scenes. ⏱ Timestamps (9:27 total) 0:00 – I Thought I Had My First Lot 1:05 – The 20% Rule Explained 2:15 – The Deal Goes Off Market 3:10 – My Aggressive Cash Offer Strategy 4:05 – How I Used AI to Prepare 5:20 – Architect + Bank Requirements 6:15 – Planning Department & Zoning Reality 7:30 – Future Land Use vs What You Can Actually Build 8:40 – The Missing Middle & What’s Next