S3E13: From Raw Dirt to Million-Dollar Potential: Inside a High-Risk Real Estate Development Deal in Post Falls

Welcome back to The Investor Shed Podcast! In this episode, Nick Beveridge and Jeremy Kitchen crack open the wild, frustrating, and potentially massively profitable world of real estate development — specifically, Nick's second big subdivision deal in Post Falls, Idaho.

From dealing with 14 liens, city council politics, and tweakers stealing siding off a house, to budgeting for $875K in development costs and trying to turn a $665K acquisition into $3.1M+ in lot sales, this episode is real estate reality — unfiltered, hilarious, and incredibly educational.

Nick and Jeremy break down the full process:

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  Negotiating with lienholders and wholesalers

  
  


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  Zoning battles and annexation strategy

  
  


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  Working with engineers, builders (like D.R. Horton & Lennar), and city officials

  
  


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  Avoiding six-figure mistakes (like ordering the wrong water boxes)

  
  


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  And how to not accidentally give away your shop because of bad communication with strangers

  
  

They don’t just talk numbers — they share the spreadsheets, highlight risks, and explain what it’s like to be one city council vote away from losing or making a million dollars. Whether you're a real estate investor, agent, or developer, you'll walk away smarter (and maybe a little more paranoid).

🎯 What You’ll Learn:

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  R1 vs R2 zoning and what it means for profit potential

  
  


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  How to structure real estate partnerships to mitigate risk

  
  


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  Key differences between city and county land (and why it matters)

  
  


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  The full anatomy of a subdivision deal, from dirt to builder exit

  
  


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  Budgeting for development costs, fees, interest, and surprises

  
  


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  Lessons from the field: trespassers, theft, and property access mistakes

  
  

📈 Perfect for:

Real estate investors, developers, land buyers, realtors, and anyone curious about turning acreage into a cash-flow machine — or how not to lose six figures doing it.

🔗 Connect with us:

Official YouTube Podcast Page: https://www.youtube.com/@TheInvestorShed

Nick Beveridge's YouTube Page: https://www.youtube.com/@NickBeveridge

Real Estate Website: northidahorei.com

Facebook: https://www.facebook.com/profile.php?id=100063653307069

Instagram: https://www.instagram.com/theinvestorshed/

🏷️ Keywords & Hashtags:

#RealEstateDevelopment #InvestorShedPodcast #PostFallsRealEstate #LandDeals #SubdivisionStrategy #PropertyInvestment #RealEstateZoning #R1vsR2 #Annexation #BuilderExitStrategy #DRHorton #Lennar #RealEstateRisk #DevelopmentCosts #RealEstatePartnerships #HardMoneyDeals #RealEstateEntrepreneurship #NorthIdahoRealEstate #NickBeveridge #JeremyKitchen