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Get Right
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Hello Fastlaners! I've been super busy with the spec homes so sorry for the progress delay.
The last few months have been a little trying but I'm still in good spirits. I've had to fire sub contractors, ride heard on my primary contractor and deal with mistakes and delays that could have been avoided. Cool thing is, every time I have a problem I say "this would probably stop my competitors". I then proceed to kick the problem's butt and continue on. Thanks to @MJ DeMarco for explaining the Desert of Desertion. I watch his video on it from time to time. The Desert is real and it doesn't get much easier even though I am quite experienced at traveling it.
I've also learned more about premium pricing my products. By meeting (and golfing with much bigger developers I have learned that my products are under-priced. I think it is a mindset issue I worked on 2 years ago, revisiting. Once I corrected the pricing structure I "saw" what the other guys were seeing.
Good news - my houses are turning out pretty cool! Here are a few quick pictures of the progress.
As I mentioned before, I sold 2 of them. 2 more of them were listed today. I have 2 more lots getting cleared now. In addition to that, I have 2 more new lots in the purchase/ negotiation phase. That makes 8 total. If the new pricing works out, this would make it my most profitable year...ever... As promised in the beginning of the thread, I will start posting numbers and ways you guys can do this also. This assumes it all works as planned, ha!
I hope you guys are rocking your personal fastlane's. As always, let me know if I can help.
The last few months have been a little trying but I'm still in good spirits. I've had to fire sub contractors, ride heard on my primary contractor and deal with mistakes and delays that could have been avoided. Cool thing is, every time I have a problem I say "this would probably stop my competitors". I then proceed to kick the problem's butt and continue on. Thanks to @MJ DeMarco for explaining the Desert of Desertion. I watch his video on it from time to time. The Desert is real and it doesn't get much easier even though I am quite experienced at traveling it.
I've also learned more about premium pricing my products. By meeting (and golfing with much bigger developers I have learned that my products are under-priced. I think it is a mindset issue I worked on 2 years ago, revisiting. Once I corrected the pricing structure I "saw" what the other guys were seeing.
Good news - my houses are turning out pretty cool! Here are a few quick pictures of the progress.
As I mentioned before, I sold 2 of them. 2 more of them were listed today. I have 2 more lots getting cleared now. In addition to that, I have 2 more new lots in the purchase/ negotiation phase. That makes 8 total. If the new pricing works out, this would make it my most profitable year...ever... As promised in the beginning of the thread, I will start posting numbers and ways you guys can do this also. This assumes it all works as planned, ha!
I hope you guys are rocking your personal fastlane's. As always, let me know if I can help.
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