BYL14 Everything Build to Rent: Phases, Markets, Capital Raising and CO-GP Partnerships

Mar 18, 2023

Here are some of the topics we covered while interviewing Derek Alexandrenko and Chris Ventre of Hammerhead Capital: 

• Market Selection

• Site Selection

• Conversations with Land Owners

• Entitlement Process

• Dealing with Planning Officials 

• Raising Capital as a Builder

• Makes more sense to partner with Equity

• Staying in Your Lane

• It’s Easier to Build than Remodel

• Refining the End Product by Building 25 Different Similar Houses Over Time and Making Improvements on Each Build

• The Golden Triangle or Trifecta

1. Supply and Demand Constraints

2. Growing Rental Prices

3. The Affordability Gap Between The Cost to Buy vs. Rent

• Riskiest Phase Is Mitigated with GP Capital

• Value Add Multifamily Compared to BTR In Terms of Return and Risk

• Potential Delays When Working With the City

• Do You Individually Plat or Not for a BTR Subdivision You Sell to One Buyer?

• Nuances Between Building Subdivisions and Single Houses

• Off-Site or Modular Construction - When Does It Make Sense?

Find out more about BTR Developments with Hammerhead Capital and Legacy at LegacyAcquisitions.com

 

Get your videos produced and all your capital raising marketing at pitchdecks.com like the Capital Raiser Show.

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Book a call with Ruben at calendly.com/rlgreth