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! Thu, 09 Sep 2010 11:44:25 +0000 http://wordpress.org/?v=2.3.3 By: Alex Long http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-3655 Alex Long Fri, 09 Jul 2010 06:33:07 +0000 http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-3655 everyone should know about good financial planning becuse it can give you more success.`,. everyone should know about good financial planning becuse it can give you more success.`,.

]]> By: Terry http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-1691 Terry Fri, 05 Sep 2008 20:12:12 +0000 http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-1691 Justin, A little elaboration on your comment might help me and others. Justin,

A little elaboration on your comment might help me and others.

]]> By: Justin Edwards http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-1634 Justin Edwards Tue, 02 Sep 2008 12:14:34 +0000 http://myactualprofits.com/wordpress/2008/03/18/real-estate-financial-model-first-development/#comment-1634 Your financial model is no good! Your financial model is no good!

]]> 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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