Epic Development’s own Jim LaVallee and Rick Bennett wrote a feature article in last month’s Qualified Remodeler Magazine. The piece, titled, “From Remodeling to Real Estate,” shares insights into how the speculative construction business has served Epic Development—and our clients—very well over the past four years and provides tips on how others can participate in this exciting and profitable market.
“The limited volume of new homes being built combined with few speculative renovations means the market does not have enough high-quality move-in-ready properties. Because buyers have limited choices, our projects have sold quickly and produced high margins and annualized returns on capital invested.”
However, the authors warn that there are many things that can go wrong in the remodeling process. They share six critical steps to consider before taking on a project of your own. With details of several successful projects Epic Development has undertaken, readers get a sense of the true magnitude of what’s involved.
We’re proud to be featured in such a well-respected industry publication and we hope that our advice will help others find profitable real estate solutions in today’s economy. You can read the entire article by visiting the Qualified Remodeler website here. (The feature is on pages 20-23.) Or, if you’d prefer, you can download a PDF version here. Enjoy!