Real estate developers make 15-20% returns over life of project. Property owners made 3-4X that return in last 5 yrshttps://twitter.com/sanfranmag/status/692080495153143808 …
-
-
Replying to @kimmaicutler
@kimmaicutler@AaronPeskin Most developers earn much higher profit % based on "cash on cash" ROI since they use significant 3rd party debt.7 replies 0 retweets 0 likes -
-
Replying to @kimmaicutler
@kimmaicutler@AaronPeskin Yrs of exp. Dev puts up $10, borrows $90 from pensions, banks, priv eq. Build @ $100;Sell for $140= 400% cash ROI2 replies 0 retweets 0 likes -
Replying to @RFrances2
@RFrances2 how is that different from a home buyer, who puts down $20, borrows $80, sits on land, then sells for $200?1 reply 0 retweets 1 like -
Replying to @kimmaicutler
@kimmaicutler No difference. Explains why RE is white hot in growing economies. Using "other people's money" substantially spikes RE ROI.2 replies 0 retweets 0 likes
@RFrances2 I'm saying our tax and political treatment of both are very different even though it's the same behavior
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.