Katie
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah.
Find out who they are.
We do a lot of digging to find out who has land available and calling them.
No, there's not.
It's readily available in the MLS.
We have access to the information.
It's not about the lead of land.
It's getting it from the point of acquiring it, ready to build on.
Is the permitting?
It's the development of the raw land to finished lot.
Could be anywhere from two to ten years, depending on the project.
And we don't want to put our cash just rotting out in the...
10-year timeline, no return.
So we like to purchase it from a developer that does it for us.
We can find the leads and find the land, but we don't have the people to develop it to get it to us.
I think we have just been avoiding it because it's a distraction from home building.
It's like a completely different business.
We've been stuck.
Nailed it.
Alex, this will be your last question.