“If you build it, they will come!”
So goes the popular movie saying, and if only it were that easy in the real estate development world! Sadly, many people think that it is this easy, but many of these have come to a sticky end with their development deals.
So if this approach doesn’t work, how should you approach real estate development deals to ensure you have the best chance of success?
One approach that I have used successfully is to take a “reverse engineering” approach. Continue reading “Don’t Buy a Real Estate Development Site Until You Have Done This!”