William A. Maddox
Description
Spec Building is an indispensable guide for anyone who wants to develop, construct, manage and/or sell an apartment, office or retail property. Althou
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gh geared toward the smaller investment property, the information is just as applicable to the larger property.Risking a great deal of money, the developer of investment properties lays it on the line and hopes to turn a profit when the dust clears. Though risk is part of the game, this book offers an edge by which the odds can be turned in your favor, avoiding wild speculation and creating a well - considered profit -making opportunity.This book leads you step-by-step through the process of developing and marketing a successful investment property, from finding the land to selling or leasing and managing the finished product, with particular emphasis on risk containment throughout. It includes chapters on:
-- Doing a market study and feasibility analysis
-- Negotiating for the land
-- Working with designers
-- Planning and estimating costs
-- Scheduling
-- Working with subcontractors
-- Marketing strategies to sell your property
-- Managing the property if you decide to keep itEssential checklists and forms are presented and discussed. Along the way the reader will find a wealth of practical information, tips and guidelines. A real effort is made to minimize your financial exposure by showing you how to keep accumulated expenditures in line.
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