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192 - How Spec Home builders Do the math - Profits, site selection, comparables - Tomas Garcia

Profit Tool Belt

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The Importance of Time Value in Real Estate Development

There's a lot of, you know, room for error in the real estate development industry. If some extra red tape gets thrown on your project, you're projected nine months to stretch out. You have to consider how long I'm going to carry this property in the worst case scenario. And then we've got time, the time value of money.

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