192 - How Spec Home builders Do the math - Profits, site selection, comparables - Tomas Garcia
Profit Tool Belt
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The Power of Repurposing Real Estate Assets
A large manufacturing client needed to expand badly because they were growing. The first option on the table, let's go build a bigger facility. But when you start to look at these factors, like how long is it going to take just to find the right property? You know, it has to be close so we don't lose our staff Because you still need to keep the right people. It has to be this much of a footprint, you know, the list gets pretty big. When they finally did the math, they realized buying an existing business that had the space made more sense for them to do that. And then you basically kill off the business was dying anyways, just to get the
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