What a great story Eric. Depth beyond the “little guy finds a gem” - all the different skills needed to find and make something out of that pond. Belongs in the cannon of “what a real estate developer does”
I read this because I loved the old movie with the same name, but that's not what is about. Neat true real estate story though. I still have a strong money script not to sell residential real estate because of the long term appreciation and leverage/illiquidity benefits I've witnessed over my life. This started at a very young age observing adults with very big woulda coulda shoulda regrets.
Not for everyone, but according to a hyper realtor in San Diego (with an MBA!) this is the 20th++ year a row where it's been a great time to sell my rental condo...
What a great story Eric. Depth beyond the “little guy finds a gem” - all the different skills needed to find and make something out of that pond. Belongs in the cannon of “what a real estate developer does”
Good morning!
I read this because I loved the old movie with the same name, but that's not what is about. Neat true real estate story though. I still have a strong money script not to sell residential real estate because of the long term appreciation and leverage/illiquidity benefits I've witnessed over my life. This started at a very young age observing adults with very big woulda coulda shoulda regrets.
Not for everyone, but according to a hyper realtor in San Diego (with an MBA!) this is the 20th++ year a row where it's been a great time to sell my rental condo...
Which asset is this?