Episode 246: Real Estate Development with Darcy Marler

The REI Diamonds Show-Real Estate Investment Podcast

Episode 246: Real Estate Development with Darcy Marler

Guest: Darcy Marler is a seasoned real estate investor and developer with over two decades of experience in flipping houses, rental properties, land development, and new construction. From an MIT graduate to a successful real estate entrepreneur, Darcy's journey has been marked by valuable lessons and insights. Passionate about transforming raw land into subdivided lots ready for construction, Darcy specializes in building and flipping houses, duplexes, and small multifamily properties.

Big Idea: In this episode, Darcy Marler delves into the transition from fixing and flipping houses to land development and new construction, stressing the need to align real estate strategies with personal preferences. He outlines risk mitigation and profit maximization strategies, emphasizing the substantial benefits of new construction, including higher returns, better tenants, and efficient management. Darcy highlights advantages such as ease of financing and incentives for developers addressing the housing crisis. He underscores opportunities for smaller investors in smaller-scale projects like multifamily units or residential development. Understanding market demand, leveraging financing, and exploring exit strategies are key takeaways for maximizing returns in real estate development.
This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/
This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%. Buy & Hold Loans Offered Even Lower. Get a FREE IPad when you Close Your First Deal by Registering Now at http://REILineOfCredit.com
Resources mentioned in this episode:
https://www.hrrealestatementors.com/

View the Episode Description & Transcript Here:
https://reidiamonds.com/real-estate-development-with-darcy-marler/
Darcy Marler & I Discuss Real Estate Development:

• Budgeting and Risk Management in New Construction (3:31)

• Philosophies on Holding vs. Selling Properties (10:02)

• Pre-Selling Land vs. Building Spec Homes (15:54)

• Identifying Potential Land for Development & Subdividing (18:21)

• Evaluating Opportunities in Aging Neighborhoods (23:16)

• Benefits of new construction for rental properties (36:38)

• Importance of demographics and location in real estate investment (45:36)

• The significance of partnerships and operational support in real estate ventures (49:48)
Relevant Episodes: (200+ Content Packed Interviews in Total)

• Lease Option – Rent to Own Real Estate Investing with Adam Zach

• Reverse Wholesaling with Kent Clothier of REWW

• Josh Inglis on Building New Construction & Selecting Rentals on Chicago’s South Side

• How to Buy Land with No Money Down with Mark Podolsky