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Contact a real estate agent and get a list of properties that have sold in the area during the last year. Make sure the list includes the square footage and room count of each home. 2. Pick the three sale prices that are most similar to the house in square footage and room count that you want to build and average the sales prices. Most lenders use
... See moreKevin Daum โข Building Your Own Home For Dummies
1K+ IRR
So, get organized like this is your job, because it is. Set a folder aside for listings, start a spreadsheet as you look at listings, and record industry, location, revenue, asking price, and any other critical or comparative information you can use later.
Walker Deibel โข Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game
in principle, this is how you want to think about any financial purchase. What money will it earn while you own it, how much can you sell it for in the future, and how confident are you in those two predictions?
Scott Galloway โข The Algebra of Wealth: A Simple Formula for Success
should carefully put in writing what they deem to be personal property or fixtures.
Jim Bainbridge โข California Real Estate Principles and License Preparation
Furthermore, real estate is an asset that can be manipulated, and its value appreciated. Appreciative assets (asset value) are cornerstones in the Fastlane wealth equation.
MJ DeMarco โข The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
