Go to Calendar

Intermediate Investors Group

with... Multiple Speaker(s)

Case study from residential developer Jimmy White, who is in the middle of work on an 18-home development on 11 acres in Swannanoa.

Thursday, December 5, 2019

Yao Buffet
153 Smokey Park Highway
Asheville, NC 28806

Hi Everyone,
Thursday's meeting may be of specific interest to those who have done some home building and now are setting their sights on creating a whole neighborhood. Hopefully, other investors will come away with insights on dealing with government entities, lenders, subcontractors, etc. when doing any kind of developing, from a single home rehab or new build to an entire community.

This Thursday's meeting features residential developer Jimmy White, who is in the middle of work on an 18-home development on 11 acres in Swannanoa. The homes are in the Craftsmen style with the price range from the upper $200's to low $400's.
White says key to this kind of project is hiring a good civil engineer who can handle any development issues/concerns brought up by the county. (White's development is right between downtown Asheville to the west and Black Mountain to the east--nine miles either direction.) Some issues that he has had to address are water, sewer, other utilities, emergency and mail services.
White's first two homes were financed by BB&T. White has used "creative financing" for the homes that have followed, which he will go into more detail at the meeting.
Other topics of conversation will include where White gets his home designs, how he markets the homes and his building team that gets the homes built.
White has had an NC unlimited building license since 1984 with custom homes being his main focus. At the end of 2015, he was named contractor for a 27-home development for the Deerfields Retirement Community, good grooming for the current project!
Come join us this Thursday Dec. 5 at Yao Asian Buffet on Smokey Park Highway from 6-8pm.
Stay warm!
Mark

Members:
FREE for Members

This is a Members Only Event

Date: Thursday, December 5, 2019
Time: 6:00 PM - 8:00 PM
Dec
05

Location:
Yao Buffet
153 Smokey Park Highway
Asheville, NC 28806

Google Map

Share this Event with your Friends


www.CREIANC.org  (Carolinas Real Estate Investors Association) does not give legal, tax, economic, or investment advice. CREIANC disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   

Your email will never be shared or sold to other members, vendors or any other third party without your consent.


Contact Us:

Carolinas Real Estate Investors Association

PO Box 615
Asheville, NC 28803
(828) 246-2423

An Independent REIA Powered by: