Farmers of Cash Flow
First day of my MRED program today, and we had a regional developer come speak at one of the lectures. At one point during the lecture he called developers "farmers of cash flow", and explained the statement by comparing how farmers and developers both utilize raw land to 'grow' a product. In the case of a lot of developers, instead of growing potatoes like their agricultural counterparts, they grow a cash flow with the plans to harvest their 'crop' by selling it to an investor. Is this a common expression in the industry? It is definitely an interesting one that I haven't heard prior.