Secrets of New Construction

Secrets of New Construction

Update: 2025-05-23
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Learn the secrets of buying new construction properties in Jersey City.



This class is Module 36 of 46 in a series called Real Estate Investing Secrets.



Topics covered in this module include:




  • The pros and cons of investing in real estate with new construction properties

  • What price of new construction should you focus on for investments

  • Different builders, different standards and how to deal with that

  • The downsides of the builder contract for real estate investors

  • Getting ridiculously amazing deals on new construction properties

  • The risks of investing in new construction properties that are different than buying resale properties

  • Risks associated with financing new construction and how to mitigate them

  • The math and benefits of upgrading to an extra bedroom when buying new construction

  • Builders to refuse to sell to investors and what to do in those situations

  • How builder pricing works and taking advantage of it as an investor

  • Metro taxing districts and how to account for them

  • Non-potable water on new construction properties

  • Why to be wary of builder’s reps

  • Using a real estate agent or broker to buy new construction

  • The considerations of choosing a lot when buying new construction

  • The math revealed: rolling in premium-priced builder extras or buying extras at a discount post-closing

  • The imperfections of dealing with fences when buying new construction

  • Customizing new construction properties when investing

  • Radon on new construction properties

  • Sewer lines and sewer scopes when buying new construction

  • Gotcha! Inspecting new construction properties

  • The builder walkthrough and dealing with missed expectations

  • Dealing with builders using your property as a model before you close

  • Visiting your property while under construction and avoiding having your contract terminated

  • The PITA clause in builder’s contracts

  • What to expect when walking through prior to closing

  • Builder warranties and extended warranties on new construction

  • Dealing with unsatisfactory concrete on new construction

  • The ideal vs reality when taking marketing photos of your property after closing

  • Bonus cash flow: assessing new construction properties

  • Competition and vacancy of new construction properties

  • Renting new construction: an easier sale?

  • Warning: builders cutting corners to save money

  • The myth and truth behind builder lawsuits

  • The dangers and upside of new construction speculation

  • Utilizing the new construction lease-option real estate investing strategy

  • Plus much more...



Check out the video and additional resources related to Secrets of New Construction.



Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Jersey City real estate investor podcast? Book a free consultation to discuss.

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Secrets of New Construction

Secrets of New Construction

James Orr