Morgan

It seems almost impossible make money building a single family home on an infill lot in Austin right now. The quick math on an 1,800 square foot home that sells for $1.2 million: Land: $450,000 Site Prep: $25,000 Soft Costs: $50,000 Construction ($225 psf): $405,000 Financing, Insurance, Tax: $60,000 Broker Commission (5%): $60,000 Total Cost: $1,050,000 Potential Profit: $150,000 The risk? Massive. $12k / month in fully loaded interest payments once the build is complete. 120 days to get under contract and close? There's a third of your profit... gone. Cost overruns on your project? Cooked. Why is land so expensive right now? Why does every new development project have 2-3 homes being built on that lot? Economics. It's nearly impossible to make money unless you are building 3 structures on a single family lot. Land owners know this and it's priced in. Expect fewer and fewer single spec homes on single family lots in the future.

Sometimes I wish I lived in the south… is it that easy?

Can you rt this? Maybe we can make a difference

A note from a fellow sophisticate- The $280,000 Ransom Note If your ag retailer loves you, you’re probably overpaying them. The first year I took over our family row-crop operation, I sat down with a seed corn bill that made my stomach turn: $280,000 for 1,300 acres. We were planting 100% smart-stacked corn, running corn-on-corn, and blanket applying insecticide on every single acre. The local ag retailer told us it was the only way to protect our yield. I didn't see protection. I saw a ransom note. When you blanket apply and over-stack out of habit, nature builds a tolerance to your laziness. You lose your levers. Worse, you start funding the retailer’s retirement instead of your own family's legacy. So, I split the planter and trusted the dirt over the salesman. I executed a ruthless operational audit: 1. Broke the Chain: We introduced soybeans, moving to a strict 50/50 rotation. 2. Cut the Upgrades: We switched to non-GMO corn, dropping seed costs from $300+ a bag to around $115. 3. Verified the Threat: We stopped blanket applying and actually tested for insect pressure before writing the check for chemical. The Result? Our seed bill plummeted from $280,000 to $75,000. Our APH (Actual Production History) jumped from 175 to over 220 bushels per acre over a few years. The local retailer got so defensive they called a "summit" with the seed company’s regional managers to try and talk me back onto the reservation. They weren't worried about my soil health. They were worried about their bottom line. I was told I would ruin their seed sales business 😂 In a commodity business, your biggest lever is your expense line. If your advisors get uncomfortable when you start asking for the raw math, they aren't your partners. They’re stakeholders in your struggle. Stop buying their loyalty. Start buying from people you can trust !!!

Sous vide but for bubble baths Who is building this.