@davidchoi.biz: Behind every acquisition negotiation is a deal that makes sense FINANCIALLY 💯 Deals with big numbers may seem impressive… But they don’t mean anything if the margins aren’t carefully thought out 💭 In this existing multifamily building, the temptation is to demo the current structures and rebuild self storage… But due to the current zoning, lot size, set back requirements, and height restrictions we may not be able to build enough square footage to make it worth our while That means the ENTIRE deal is going to hinge on whether or not we’ll be permitted to build at a particular height 🏢 Don’t let the $6,000,000 fool you: a deal has to be a DEAL, no matter the scale 🙏 . . . . . #realestateinvestor #realestateinvesting #underwriting #howtounderwrite #coldcalling #acquisitions #realestatedevelopment #newarknj #developers #realestatenj #newjerseyrealestate #industrialrealestate #commercialrealestate #phonecalls #fypppp

David Choi

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Region: US

Saturday 20 April 2024 18:00:48 GMT