For 21 years, I focused on older rental properties that I fix up.

But recently, I made a big switch to new construction or build to rent.

And so far, this experiment has been a game changer.

So in this episode, my builder partner and I break down why I made the switch

and walk you through exactly how we're finding and building these properties.

Let's dive in.

So, Eric, I'm going to jump right into our deal that we did together, new construction deal.

I also want to, after that, kind of go into just pick your brain on some best practices,

finding land, building houses, something you've been doing your whole life and your family's been doing. I'd love to talk about this deal that we did together. And just so people who are listening can get a context. We're both in Clems in South Carolina. Seneca, South Carolina is a town right near us. So we're in the up state of South Carolina. The land that you ended up buying was about six acres, right? Plus or minus ever in Seneca? Yeah, a little over six acres. I just want to tell the story of the deal. And then feel free to add color commentary here. You're always looking for land. You're always finding deals. One of your expertise is being able to find pieces of property that have potential. This particular one being six acres, what were the things that attracted you to the property at the first place? We ultimately bought it for $128,000. I want to give people like that number. But like, what were you looking for? Why did you like it? What kind of caught your eye about this property in the first place? When I'm identifying parcels, the first thing that I do and I look for is I want to understand the market. I see parcels all over the place in my travels. And I'm know, I'm thinking, man, if I could have that

parcel downtown Clemson or in a really good location, I mean, that would be a developer's dream, right?

But I have to understand the market first. Like, what could I do on that parcel of land that I could

sell or I could rent? This particular parcel is downtown Seneca. And downtown Seneca is about seven miles or so from downtown Clemson. So it's an adjoining town and

a joining county. There are a lot of great things about the county. It's got Lake Hartwell,

Lake Kiwi, in addition to having Duke Energy and Clemson University and a lot of manufacturing

facilities all around the area. But downtown

Seneca is kind of an up-and-coming area. It went through a transformation. It was an old town.

It's got an old downtown feel to it. The city and the county have been putting a lot of effort

into trying to revitalize that area. And they've done a good job with it. There's a lot of

good shops and restaurants and really cool restaurants down there. So this particular property is

within walking distance of Ramcat Alley, which is what that downtown area is called. That's what

attracted to it at first. It's a decent size parcel. It had the right zoning, zoned R6, which means you can do 6,000 square foot lots.

And that was attractive to me so you can get the density that you needed to justify paying

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