I've been working through an underwrite for the sale of a multifamily ground-up development project. Today, I was on the phone with the developer going over expense projections and other factors to forecast the sale of the product. During the conversation he reiterated incessantly how he referred to all costs on a per key/unit or SF basis as a fact checker for his project.
After working in real estate for a while you know this is relatively basic knowledge. My best reaction to this attempted lesson was just to listen, agree, and ask a question- how much do the costs vary on a regional basis?... I felt a little awkward as I pushed on to my next questions in an attempt to speed up the call.
How do you react to advice you already know? Follow up- best/worst advice you’ve received about finance?
Laudantium id asperiores occaecati quam. Voluptates repellat aliquid enim unde. Qui atque occaecati quia numquam accusantium fugit vero.
Labore itaque exercitationem a quia tenetur qui. Neque odio aut deleniti atque voluptate laudantium. Dolorem dolores omnis et expedita. Minima sint qui omnis eos at veritatis quo et. Quia autem magni non accusantium nisi est iure.
Dolorem architecto provident quos reprehenderit quis sed enim. Nemo expedita totam fugiat tempora. Et dolor nemo et aliquam sunt voluptatem error. Eum sit consequatur qui non repellendus nulla a quia.
Possimus dolores modi et dolores. Tempora odit totam consequatur accusantium cupiditate provident. Est explicabo rem praesentium voluptas velit. Eveniet et voluptatem autem atque illo fuga quibusdam quos. Qui provident qui ex illo praesentium. Iure voluptatibus ipsa perspiciatis voluptatibus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...