Twelve practical lessons
Separate attractive from feasible, Use an evidence ladder, Read the title and survey questions and more.
Check feasibility, test the numbers and recognize when the right decision is to walk away.
Your output: an evidence-backed proceed, revise or pause memo before a purchase commitment.
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Learn the decision.
Work the example.
Build your plan.
Separate attractive from feasible, Use an evidence ladder, Read the title and survey questions and more.
A hypothetical small sale project has a supported base-case gross sale price of $600,000. Acquisition, construction, soft costs, financing, carry and contingency total $480,000. Selling costs are modeled at 6% of sale price solely for this example.
Make the decision yourself, then compare your reasoning with the explained answer. See what could change the decision.
Fill it in for your project, identify missing evidence, and assign the next action.
Fill it in for your project, identify missing evidence, and assign the next action.
Fill it in for your project, identify missing evidence, and assign the next action.
Fill it in for your project, identify missing evidence, and assign the next action.
A project needs several things to work at once: a lawful and practical use, a customer, a buildable scope, enough capital, a credible team and an achievable exit. A strong answer in one area cannot erase failure in another.
Start with a gate for each area. Mark supported, unresolved or failed. Put the evidence next to the label so another person can challenge it.
Avoid calling a project “good” before defining the decision. Paying for a survey, making a conditional offer and completing a purchase require different levels of evidence.
Beginners preparing a small real estate development project and people who want clearer questions for their professional team. It is not a technical certification, legal document or individualized investment recommendation.
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No. This guide stands on its own. Other books, the $9.99 Blueprint and $29.99/month membership are optional separate purchases.
No. The examples are hypothetical and rules vary. The book helps you prepare and identify questions for qualified local professionals.