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MIG exists to serve the Memphis-area real estate investment community. Our mission is to provide our members the education, training, motivation and networking opportunities that will further the ethical investment in real estate.

 

If you think the price of education is expensive consider the cost of ignorance.

HomeEventsSuper Sat (Virtual) Discovering Overlooked Profits Through Real Estate Development

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Super Sat (Virtual) Discovering Overlooked Profits Through Real Estate Development

When:
Saturday, October 10, 2020, 8:30 AM until 1:00 PM
Where:
Your computer, phone, pad or tablet


Contact(s):
Ellen McDonell
901-300-6577 (p)
Category:
Training Session
Registration is required
Payment In Full In Advance Only
$50.00
 
$60.00
$100.00
 
$110.00

Saturday Super Series Workshop
October 10, 2020  1 to 5:00 pm central

Discovering Overlooked Profits Through Real Estate Development Understanding & Profiting from Land Use Laws
Smarter real estate investors are always on the lookout for new, innovative, better strategies to serve their customers & increase profits. While many are familiar with fix and flip, buy and hold or wholesaling strategies, few truly understand land use laws and the potential for real estate development and therefore leave potential profits on the table.



Think about it. What if you could develop or redevelop a property and enhance both your community and your bank account??

It is done everyday. But real estate development options are often simply overlooked or not even considered because of a lack of knowledge.

MIG’s Super Saturday Class in October with Kevin Perk will change that for you.

 

Over the course of a fall afternoon, Kevin will teach you about real estate investing options you may never have considered.

*
What if you could rezone a property to allow for a higher number of apartments?
* What if you could change the land use from residential to commercial or office?
* What if you could develop 3 or 4 lots and sell them to a home builder?
 Sounds easy enough, but it is not.

Kevin Perk

Featured Speaker: 

Kevin Perk

Investor, and MIG Past-President,

Kevin Perk is the founder and publisher of Smarterlandlording.com. He is the author of Advice From Experience To New Real Estate Investors.  Subscribe to Smarterlandlording here.

The second part of the class will focus on how the rubber meets the road.
* What is the viability of pursuing some type of development?
* Will it get approved?
* What will the neighbors say (hint: A lot!)?
* And, most importantly, what is it all going to cost.
Land development is generally not cheap, there are a lot of moving parts and professional advice will be needed. Where do you even begin?

We will discuss your own copy of the Development Cost Estimation Spreadsheet as we follow the moving parts and examine the real world costs of:
* Professional advice
* Street construction
* Curb, gutter and sidewalk installation
* Installing sewer, water and electric
* Development fees
* Lots, lots more.

Then, after examining of these costs, we will turn towards projected income to determine the bottom line. Will a potential project be profitable or not? Is it worth the effort and expense to move forward?

Finally, we will close with a quick discussion on financing and business structure options for these potential developments.

Will you learn everything there is to know about real estate development in one afternoon on Saturday, October 10th? No, that is not possible. But you will come away from this Super Saturday Series with the knowledge and tools to begin thinking about options you may have never even considered before. Whether you are a beginning or a more advanced real estate investor, you need to take this class. At only $50 for MIG members $100 for non-members it’s a no-brainer! Register today!


When: 
Saturday, Oct 10, 2020
Class begins at 1 until 5:00 PM +/- central