• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns

2

Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

3

Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?

1

Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns

2

Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

3

Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
homes

How This Home Builder Survived the Recession and Landed a TV Show

By
Laura Entis
Laura Entis
Down Arrow Button Icon
By
Laura Entis
Laura Entis
Down Arrow Button Icon
June 2, 2016, 9:00 AM ET
Marnie Oursler

It sounds like the punchline to a twisted joke. But in July 2007, at the precipice of the subprime mortgage crisis that would send the entire U.S. financial system into a tailspin, Marnie Oursler started a home-building business.

The bad timing hurt but didn’t sink her. Despite a year where she only broke ground on one home, Oursler was able to grow her seedling venture into a healthy business that saw revenue of around $8 million last year.

Oursler’s success hasn’t gone unnoticed. In 2014, the 38-year-old Bethany Beach, Del. native was approached by TV producers for a potential series. Her show, Big Beach Builds, was picked up by DIY; the first episode airs in the fall. Not a bad trajectory for a company started immediately before the worst recession since the Great Depression.

‘Nothing was selling anywhere’

Oursler comes from a family of home builders — her father and grandfather both spent their careers building houses, and she grew up hanging out on construction sites. At 24, she decided to buy her first home in Bethany Beach, Del., and flip it. She says the down payment came exclusively from money she’d saved while working for a realtor after college, and from sticking to a tight budget — her diet consisted of “lots of peanut butter and jelly sandwiches.” The ability to live rent free at her parents’ nearby beach house also helped. With help from her dad, who came down on weekends to walk her through the process, she was able to do the renovations herself.

Related: How to Convince a Hiring Manager You’re Qualified for a Job

After refinishing that first home — and selling it for $100,000 more than she’d paid — she bought a lot on which to build a house from scratch. At the time, she was also working as a real estate agent, selling six or seven houses a month. Business was good.

But in December of that year “the music stopped,” she says. No one was buying houses, and so she spent the empty days “bored out of my mind. I didn’t make a dime for two months.”

She couldn’t sell the house she’d built, either. “Nothing was selling anywhere,” she says. “I started to panic.”

At a bypass, she latched onto an opportunity that she might have passed up if her own situation had been more secure: the chance to build a home for her neighbors.

Oursler launched her home-building business September 2007, and set to work on their property. At first, the situation looked promising for a newly minted startup — she easily landed another home-building project. But in early 2008, “everything hit the fan.” That year, she’d start construction on a single home, a precarious number for a new company. “That was a dark time,” she says. “[It involved] a lot of banging my head against the wall, thinking ‘what am I going to do?’”

 

While home prices took a hit, there remained a pool of wealthy, largely unscathed residents in nearby Potomac, Md., and McLean, Va., who still wanted vacation homes (and could afford to capitalize on the lowered cost of beach-front lots). Oursler just needed to access them. And so she reached out to anyone who could help her do this — architects, designers and contacts from her real-estate career, including Leslie Kopp. One of the top real-estate agents in the area, Kopps became a fairy godmother of sorts, referring clients and helping Oursler refine her presentation style.

Building up

Slowly, her networking efforts paid off. In 2009, she landed three new projects and purchased a foreclosed lot upon which she built a house to sell.

Completed in 2010, its open-house was held on Memorial Day. Having invited “the entire town,” Oursler expected a solid turnout — it was a long, lazy weekend and she’d promised there’d be beer and wine – but not the hundreds of people who showed up.

Looking back, that was the turning point. “I met so many helpful people,” she says, from future clients to the woman who ran a tour of cottages in the area and, charmed by what she saw, agreed to include Oursler’s home.

Related: Startup Lessons From a First-Time Entrepreneur Who Raised $25 Million

From there, things “started to boom.” She began taking on more and more projects. Demand grew as positive word-of-mouth spread and the economy recovered; for the past half decade, Marnie Homes has averaged seven houses a year.

Although there are still unexpected setbacks, Oursler is finally comfortable with the health of her business. Which means the DIY series came at the right time — she’s ready for the exposure and the next challenge.

“A lot of people say, you just got lucky,” she says. “But there’s luck – and then there’s seeing those opportunities and seizing them.”

About the Author
By Laura Entis
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Dario Amodei, Anthropic CEO
AIAnthropic
A warning from Amazon led the White House to shut down Anthropic’s Mythos model
By Beatrice NolanJune 14, 2026
2 hours ago
Vietnam has bold plans for its economic future. It will need U.S. tech, capital, and speed to make them happen
CommentaryVietnam
Vietnam has bold plans for its economic future. It will need U.S. tech, capital, and speed to make them happen
By Brian McFeeters and Vu Tu ThanhJune 14, 2026
2 hours ago
Iran pushes differing versions of deal as U.S. sticks to timeline
PoliticsIran
Iran pushes differing versions of deal as U.S. sticks to timeline
By Salma El Wardany, Arsalan Shahla and BloombergJune 14, 2026
4 hours ago
Canadian Prime Minister Mark Carney warns U.S. restrictions on new Anthropic AI models show danger of relying too much on American providers
AICanada
Canadian Prime Minister Mark Carney warns U.S. restrictions on new Anthropic AI models show danger of relying too much on American providers
By Rob Gillies, Jason Ma and The Associated PressJune 14, 2026
4 hours ago
Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world’s top superpower can at least punch open a hole
EnergyIran
Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world’s top superpower can at least punch open a hole
By Jason MaJune 14, 2026
5 hours ago
Trump warns Israel and Iran not to ‘blow it’ after new strikes threaten ceasefire deal that he says will bring  peace to Lebanon
Middle EastIran
Trump warns Israel and Iran not to ‘blow it’ after new strikes threaten ceasefire deal that he says will bring peace to Lebanon
By Julia Frankel, Abby Sewell, Munir Ahmed, Samy Magdy and The Associated PressJune 14, 2026
7 hours ago

Most Popular

Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
By Sydney LakeJune 13, 2026
2 days ago
Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
Personal Finance
Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
By John W. Diamond and The ConversationJune 12, 2026
2 days ago
Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
Economy
Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
By Nick LichtenbergJune 14, 2026
12 hours ago
CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea
Success
CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea
By Preston ForeJune 13, 2026
2 days ago
Trump expects to sign a deal with Iran on Sunday, but Tehran may want to avoid giving him a gift on his birthday
Middle East
Trump expects to sign a deal with Iran on Sunday, but Tehran may want to avoid giving him a gift on his birthday
By Jason MaJune 13, 2026
1 day ago
'It's not a jailbreak' — Research leading to U.S. export restrictions on top Anthropic models was for defense, cybersecurity CEO says
AI
'It's not a jailbreak' — Research leading to U.S. export restrictions on top Anthropic models was for defense, cybersecurity CEO says
By Jason MaJune 13, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.