Comments on: Real Estate Financial Model - First Development http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/ Actual real estate investing and development projects, including methods, lessons learned and profits! Sun, 06 Jul 2008 11:55:36 +0000 http://wordpress.org/?v=2.3.3 By: 4808738bd7 http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-54 4808738bd7 Fri, 18 Apr 2008 10:12:18 +0000 http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-54 <strong>4808738bd7...</strong> 4808738bd7... 4808738bd7…

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]]> By: Getting This Real Estate Investment Back On Track - First Development http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-46 Getting This Real Estate Investment Back On Track - First Development Wed, 16 Apr 2008 10:37:12 +0000 http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-46 [...] meeting with the bank was a tough and embarrassing discussion. We had originally presented a plan where funding of $1,250,000 would be sufficient. Now we were telling them that we needed [...] […] meeting with the bank was a tough and embarrassing discussion. We had originally presented a plan where funding of $1,250,000 would be sufficient. Now we were telling them that we needed […]

]]> By: Real Estate Carnivals http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-43 Real Estate Carnivals Mon, 14 Apr 2008 17:21:05 +0000 http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-43 [...] Real Estate Financial Model- First Development Terry offers some sound financial planning advice for those who are entering into a real estate investment or development project.  Terry shares first-hand experience and offers a model for others to follow. [...] […] Real Estate Financial Model- First Development Terry offers some sound financial planning advice for those who are entering into a real estate investment or development project.  Terry shares first-hand experience and offers a model for others to follow. […]

]]> By: Conceptual Design - First Development http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-35 Conceptual Design - First Development Wed, 09 Apr 2008 10:01:07 +0000 http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-35 [...] knew we had a problem. They were all 4,500 SF or greater. If you remember from a previous post, our initial financial model had us developing a 3,200 SF home at $200.00/SF. The smallest conceptual design was 1,300 SF [...] […] knew we had a problem. They were all 4,500 SF or greater. If you remember from a previous post, our initial financial model had us developing a 3,200 SF home at $200.00/SF. The smallest conceptual design was 1,300 SF […]

]]> By: Design Kick-Off Meeting - First Development http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-21 Design Kick-Off Meeting - First Development Fri, 04 Apr 2008 10:08:48 +0000 http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-21 [...] is the meeting where we received our first big “surprise”. If you remember from a previous post, our initial financial model had us building a custom home at 3,200 SF for a price of $200/SF. We [...] […] is the meeting where we received our first big “surprise”. If you remember from a previous post, our initial financial model had us building a custom home at 3,200 SF for a price of $200/SF. We […]

]]> By: Choosing an Architect - First Development http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-6 Choosing an Architect - First Development Sun, 23 Mar 2008 07:20:27 +0000 http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-6 [...] fees run 6% to 8% of the cost of construction. At a total home building cost of $640,000 as listed in our initial financial model, we expected design fees of $38,400 to $51,200. We obviously wanted to hire someone at the lower [...] […] fees run 6% to 8% of the cost of construction. At a total home building cost of $640,000 as listed in our initial financial model, we expected design fees of $38,400 to $51,200. We obviously wanted to hire someone at the lower […]

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