Books | LD2 Development Inc.

Don’t Buy “Value Add” Deals. Build New Instead!

With higher inflation numbers, investing in multi-family income properties makes more sense than ever. The problem is that finding a property with good returns is like finding a unicorn.

There is a lot of competition for quality properties and prices are very high, which of course means that returns are very low (in other words, low cap rates).

Properties that are cheaper to buy normally need quite a bit of construction work to re-position them in the market for higher rents.

Most of the big syndicators are buying properties like these, ‘value add” deals that have room for them and their investors to make money.

But if you look around in Chicago and other growing markets, big developers are putting up offices, apartments and condos as fast as they can right now.

Why? Rates are low, rents are at all time highs and demand for new construction units is very high. Now is the time to build new construction!

Why would you want to compete to over pay for an older building and then do a bunch of construction work rehabbing it, only to achieve rents much lower than new construction.

My new book: Don’t Buy Multi Family! BUILD IT will show you how the numbers work and how you can find opportunities to get started building new construction multi-family yourself.

Grab a copy on Amazon and learn how it’s done. https://www.amazon.com/gp/product/B09PSFMC6Z/

2 New Books!?

Probably releasing 2 new books in the same month is not the best strategy, but hey, what can I say!

The books are really written for 2 different audiences.

Don’t Buy a New House! BUILD IT

Is written for people who are interested in buying a new house, but are having trouble finding what they want. I wanted to show them that right now is actually a great opportunity for them to take advantage of the best market I’ve ever seen to build their own custom house and how they’ll be creating wealth in the process.

My other book:

Don’t Buy Multi-Family! BUILD IT

Was just released. Is written for investors interested in multi-family income properties who are finding that none of the properties that are on the market now make sense. There is more and more competition to buy properties that are really marginal investments at best.

Meanwhile, developers are putting up new apartment towers, offices and condos as fast as they can build them.

I’ve been in real estate and development for 35 years now and I’ve never seen a better time for investors to build new construction investment properties.

This book will show you can take advantage of it. Here’s a link to get the book on Amazon:

https://www.amazon.com/gp/product/B09PSFMC6Z/

If you subscribe to follow this channel, in the coming days and weeks, I’ll be posting videos with more detailed information and examples from the books.

If you have more specific questions, you can reply here, or refer to our web site http://ld2development.com

New Book – Don t Buy Multi Family! BUILD IT

Here in Chicago, we see big developers putting up new high rise apartments towers, condos and office buildings like crazy right now.

There’s incredible pent up demand for new construction and when you combine that with historically low interest rates, you have a perfect climate to build new projects.

My new book Don’t Buy Multi-Family! BUILD IT tells investors how they can join the party and why now is the best time ever to do it!

I see so many people trying to invest in multi family income property right now, only to find that they are just not interested in any of the properties that are on the market. There is more and more competition to buy properties that are really marginal investments at best.

I’ve been in real estate and development for 35 years now and I’ve never seen a better time for investors to build new construction investment properties.

This book will show you how to do it. There’s a link below to get the book on Amazon.

https://www.amazon.com/gp/product/B09PSFMC6Z/

And If you’re an ebook reader, there’s even a special $1.99 intro price on the ebook right now!

If you subscribe to follow this channel, In the coming days and weeks, I’ll be posting videos with more detailed information and examples from the book to show you how to find and recognize a great investment deal when you see one!

If you have more specific questions, you can reply here, or refer to our web site http://ld2development.com

Compare – Buy New House vs Buy Re-Sale vs Build Custom House

From the new book release:

Don’t Buy a New House! BUILD IT,

We’ll compare investing in Purchasing a New Construction House from a builder vs Buying a Newer Re-Sale House vs Building Your Own Custom Home.

You can adjust the parameters as you like, but I think you’ll be surprised to see how the numbers will work out for you when you sell your new home a few years down the line.

You can find:

Don’t Buy a New House! BUILD IT

on Amazon: https://www.amazon.com/author/rogerluri

There’s a special price on the ebook this month. It’s a short read, but will give you a lot of great information and an eye opening perspective on building your own home.

Please post a review on Amazon. Your feedback is really appreciated.

If you have questions or want more info you can also check out: http://ld2development.com/custom-homes/

Save 10-15% on Your New House!

My new book was just released, it’s called:

Don’t Buy a New House, BUILD IT.

Yesterday I said that this is the best time I’ve ever seen to build your own custom house and I mentioned that you’ll save 10-15% or more compared to buying a new house that a builder built on spec.

Why? Let’s look at how the numbers work. Suppose you are able to find & buy a new construction house that a builder just built. and let’s say you purchase it for $1.3M.

In order to build that house, the builder had to purchase the lot (probably a tear down) and put up maybe about $300,000 of their own cash to get the construction loan to build it. The builder’s cash has been tied up for at least a year til the house is sold.

At closing, the builder pays commissions and closing costs of about 7% right off the top. That’s about $91,000. And to keep it simple, let’s suppose that the builder makes a profit of 7% on the sale, that’s another $91,000.

Now 7% of sales is not a very big margin considering all the work that goes into it. The builder would certainly be targeting a profit closer to twice that. But let’s just say the builder makes only a 7% profit. By you building that same house yourself, you would save the 7% closing costs and 7% profits that are built into the builder’s selling price.

That’s 14% savings for you right off the top! In this example, that’s $182,000 of instant equity the day you move in.

You might even get the same builder to build it for you. This is a win/win for both of you. They can make money building for you at the same time they can invest their money into building another spec house.

In the book, I explain more about how the whole process works. It pays to understand the numbers! There is a link below to get the book on Amazon.

https://www.amazon.com/gp/product/B09PRTVBMH/

It’s a quick read, but gives you a lot of insight and all the steps to get started.

If you read the book, I’d appreciate it if you could review it on Amazon. Your feedback would really be helpful.

If you follow or subscribe to this channel, I’ll be going into more or the specifics of how it all works.

Let me know if you have questions.

http://ld2development.com/custom-homes/

Thanks