Action Academy | Millionaire Mentorship For Your Life & Business From Dirt To Dollars - How Vicente Teran Made $1.2M Profit From ONE Deal
Apr 8, 2025
Vicente Teran, a savvy real estate developer specializing in luxury homes, shares his incredible journey to a $1.2 million profit from a single deal. He dives into the nuances of real estate financing, highlighting how strategic loans can maximize profitability. Vicente also discusses the value of accessory dwelling units and luxury investments, revealing their cash flow potential. He emphasizes the importance of mentorship as he navigates the transition from small to large-scale projects, and shares tips on leveraging social media for showcasing development insights.
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Luxury Home Development
- Vicente Teran made $1.2 million profit building a luxury single-family home in Scottsdale, Arizona.
- His background in commercial construction gave him confidence in the building process.
Due Diligence on Land
- Research land carefully to ensure it's buildable, considering infrastructure, drainage, and easements.
- Engage the city early for feedback on potential lots to avoid costly mistakes.
Essential Skills for Development
- If you are serious about real estate development, learn construction management and the building process.
- Build relationships with trade partners, subcontractors, suppliers, and vendors.