Greg Dickerson is a real estate developer, the epitome of a serial entrepreneur, coach and mentor. Throughout his career, he has built and renovated hundreds of homes and commercial buildings, as well as developed residential and mixed-use subdivisions. On this episode of Investing in Real Estate, Greg is sharing his expertise on new construction properties.
You’re going to hear Greg’s secrets to success, including what it takes to be an effective leader and how to become an expert in any field. We’re highlighting the main benefits of investing in new construction, and so much more!
On this episode you’ll learn:
- Greg’s key to success.
- Why new construction is so powerful.
- What to look for in a new development site.
- And more!
Greg’s Key to Success
Although Greg doesn’t have a formal education, he has always been committed to learning and education. He makes it his mission to become an expert in whatever field he chooses. Greg is always consuming information and listening to audiobooks. Greg believes that he has convinced himself that he is capable of achieving anything. In addition, he claims that the key to success is to be a true leader. A CEO should be focused on servanthood, because a business owner needs to supply his or her team with the tools and guidance they need to succeed.
Why New Construction Is So Powerful
Greg explains that new construction is an entirely different animal than existing properties. New construction is more predictable, easier, more efficient, and strategic. The benefit of new construction is that it’s more appealing to consumers—new construction properties typically rent for more and sell for more. People like shiny new things, so new construction is more desirable and creates more income.
What to Look for in a New Development Site
A healthy new development site is typically an empty lot in an existing, mature neighborhood. It’s important to construct new homes in areas where there is existing demand. Greg claims that while many developers believe the mantra, this is not necessarily true.
Episode Resources
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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