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Invest Without Owning Real Estate : Greybrook

The Canadian Real Estate Investor

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Planning Diligence - The Devil's Always in the Details

"The devil's always in the details. You might look at a 40 story tower on a 15,000 square foot floor plate and assume that those would cost you the same amount of money to build," he says. "We'll probably spend about 50 to $60,000 in professional fees to be able to do a full costing analysis so that we can actually arrive at what we should be paying for that land"

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