From The Ground Up

New construction spec homes on old properties may be the perfect mix for your next investment project!

25
Hrs
Mins
Secs
5
53
46
SEGMENTS DURATION
More Classes
INSTRUCTOR

Bill Predebon

Bill Predebon has progressed from being broke, with no money or credit, to becoming an experienced and successful real estate investor and construction expert who teaches others. He looked to real estate and the Renatus eduction to reinvent himself and has completed over 250 real estate transactions, including over 150 Fix & Flips. For the past 5 years he has focused primarily on building spec homes as an investor. He is the sole owner and president of Creative Solutions Investments, LLC and co-owner of several other real estate holding companies. Known for his Ground Up strategy, Bill shows students how to replace outdated properties with high-value new builds— he empowers investors to think bigger, build smarter, and scale with confidence.

Description:

In this class, you’ll learn the benefits of new construction spec homes compared to traditional fix and flips, including negotiation techniques and agreement contracts; project funding options and credit management; due-diligence practices, regulations, permits, variances, and communicating with the community; the use of project team experts, like realtors, architects, lawyers, and contractors, and how to maintain harmony on your team. The importance of knowledge and control to limit risk and maximize profit, researching the right local market and the right property for a spec home. Bill shares several recent examples and finishes the class with a look at ADU’s (Additional Dwelling Units) and several key pieces of advice that he’s learned from years of successful investing.

  • 1

    Pre-Assessment

  • 2

    Introduction

    Bob Snyder, CEO, introduces our instructor, Bill Predebon, and the benefits of new construction spec homes compared to traditional fix and flips.

  • 3

    Property Example 1

    Campbell 1 is a successful example of new construction in real estate, buying a property at a lower square foot price and selling at a higher one.

  • Show all 25 segments

    • 4

      Everything Is Negotiable

      Our instructor delves into strategies and resources for property buying, including the importance of contacts, funding, and contracts in real estate.

    • 5

      Agreement Ensures Control

      All about financing, this segment discusses managing and understanding credit, personal responsibility in financial matters, and details on dealing with private money lenders.

    • 6

      Benefits of Real Estate

      Despite the unpredictable nature of investing, Bill emphasizes the importance of knowledge and control in real estate projects to limit risk and maximize profit.

    • 7

      Glass House Part 1

      Learn about negotiation techniques, property acquisition, project funding, due-diligence practices, the use of project team experts, obtaining permits, and resale of the property.

    • 8

      Glass House Part 2

      Bill outlines the process of acquiring a property, securing a variance, engaging neighbors to support the project, understanding local regulations and strategic communication.

    • 9

      Minimize Financial Risk

      The class segment emphasizes understanding one's exit strategies, potential risks, and working harmoniously with different trades to ensure project success.

    • 10

      General Subcontractors

      In the construction business, it's important to know that you don't need to be an expert in all areas but rather rely on the experts in their respective fields.

    • 11

      Building Your Team

      The speaker discusses the value of utilizing real estate agents, hard money lenders and investing within major, growing markets.

    • 12

      Q&A Session 1

      Bill answers questions on how to undertake a building project, consulting an architect, how to handle rework and warranties, and financial records throughout the building project.

    • 13

      Building An Empire

      Get to know the process of constructing houses, including the role of general contractors, subcontractors of different trades, financial sources, and initial costs.

    • 14

      Building an Army Part 1

      Understand your local market, how to hire professionals for specific tasks, and adhere to city inspections to ensure work completion.

    • 15

      Building an Army Part 2

      Enjoy the flexibility of new construction versus fixing and flipping a property with cosmetic changes, specific features, and value-add decisions.

    • 16

      Not Rocket Science

      To succeed in real estate investing, one doesn't need prior construction knowledge, just an understanding of money, credit, banking, and how to create a neutral, quality home.

    • 17

      The End Is The Beginning

      When you start with the end product in mind, you can make calculated decisions about the size, cost and expected sale price of the house before it's built.

    • 18

      Risk & Trust In Real Estate

      Learn from others' mistakes, listen to your gut feelings, don’t settle for the path of least resistance and don’t let trust cloud your judgment in the world of real estate investing.

    • 19

      Q&A Session 2

      Our instructor addresses issues such as the role of architects, the requirements for a construction loan, how to negotiate with your construction lender and secure your first deal.

    • 20

      Property Example - Fairmount

      This case study is a house in Phoenix which Bill plans to tear down and build a new 4,200 square foot home with an Accessory Dwelling Unit and pool.

    • 21

      The Numbers

      Master the process of purchasing and estimating the costs for a house construction project, breaking down each aspect to ensure a profitable project.

    • 22

      The Timeline

      Be aware of real estate development stages, timelines, and necessary steps from acquisition to building completion to secure the final result of the renovation.

    • 23

      Campbell 2 & Key Takeaways

      This case study, Campbell 2, details purchasing and renovating a property by infusing unique features, includes takeaways from this property journey.

    • 24

      Additional Dwelling Units

      Know the potential benefits and regulations of building an Accessory Dwelling Unit (ADU), emphasizing regulations, potential profits, and managing your budget and time during the construction process.

    • 25

      Post-Assessment

  • 25

    Post-Assessment