Some opportunities come through because of research and discovery but there are some which are immediate and without warning. One example is the Executive Order signed after Labor Day by the Governor of Maryland designed to immediately increase the construction of housing through sales of State controlled parcels. Since this ordinance did not take months of review, chances are fewer real estate developers were fully prepared to be "first in" on the many new opportunities created.
When something like this happens, there is a clear advantage to being ready and knowing who to call instead of deciding to begin to research for possible opportunities. I already have clients and coaching students working on opportunities through municipalities offering properties for development and am helping them to formulate opportunities which can benefit their bottom line for years to come.
Having the information and team in place weeks or months ahead of the competition brings significant advantages, starting with initial costs. It's another instance of spending a few thousand dollars for research and development resulting in a million dollar opportunity.
Posts
No comments:
Post a Comment