Some of y'all may know that in addition to brokerage, I have a background in development and since leaving the corporate world, I've been syndicating build for rent development deals with partners around Houston. If you aren't familiar, "syndication" is just a fancy word for "Jamie does the development work, and finds capital partners to fund part or a majority of the deal". Well, just got our replat a week or two ago, so its time to share.
What the deal currently looks like:
This one is special for several reasons:
1. We named our street after Earl Rudder. Earl Rudder Way has a pretty good ring to it, right?
2. We partnered with another group to make this even possible. I'm a big believer in "Win-WIn" scenarios, and this one is the epitome of that. Without getting creative, we would each have ended up with 2+ less lots per. Because we worked together, we each got more lots, and each lot was bigger. I'm not sure the COH has even seen a deal like this one before. Very, very rare if so.
3. My clients who look for homes in shared driveway communities often complain about a lack of parking and a lack of yard space. This deal solved both of those problems. In addition to 6 common parking spaces for the community, each home will have a garage that can accommodate two F-150's and an additional dedicated parallel parking space for a total of three dedicated parking spaces per unit. And finally, I'm pretty excited about our yard space. It's definitely bigger than average, and coupled with the porch we have planned, I know will be a big selling point for the community. Folks are not going to feel crammed in here.
4. I started working with an awesome Aggie architect who I met right here on TexAgs. He has brought some great perspectives to this project, and I'm excited to do more deals with him and the rest of the team in the future.
5. Several of our investors are actually folks from right here on TexAgs, which is pretty cool as well. I'm legally not allowed to solicit investors publicly, so please note that this is not a solicitation for funds.
What the deal currently looks like:
This one is special for several reasons:
1. We named our street after Earl Rudder. Earl Rudder Way has a pretty good ring to it, right?
2. We partnered with another group to make this even possible. I'm a big believer in "Win-WIn" scenarios, and this one is the epitome of that. Without getting creative, we would each have ended up with 2+ less lots per. Because we worked together, we each got more lots, and each lot was bigger. I'm not sure the COH has even seen a deal like this one before. Very, very rare if so.
3. My clients who look for homes in shared driveway communities often complain about a lack of parking and a lack of yard space. This deal solved both of those problems. In addition to 6 common parking spaces for the community, each home will have a garage that can accommodate two F-150's and an additional dedicated parallel parking space for a total of three dedicated parking spaces per unit. And finally, I'm pretty excited about our yard space. It's definitely bigger than average, and coupled with the porch we have planned, I know will be a big selling point for the community. Folks are not going to feel crammed in here.
4. I started working with an awesome Aggie architect who I met right here on TexAgs. He has brought some great perspectives to this project, and I'm excited to do more deals with him and the rest of the team in the future.
5. Several of our investors are actually folks from right here on TexAgs, which is pretty cool as well. I'm legally not allowed to solicit investors publicly, so please note that this is not a solicitation for funds.
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