We've (posters in this thread) arrived early and we're anticipating the arrival of our long lost friends.

In development cycles there is a under supply,sweet spot,and OVER supply.A certain asset class can be over built and it is often times a race to market on who wins.If your project takes to long to complete and the market gets saturated by that time then you will have to reduce your anticipated rent rates and cash flow projections to bring in new tenants or you will have to spend more on amenities to justify them paying a premium price.Either way it will cost you more money.

But the real exercise is to anticipate taxation impacts.

Get your best budget and build in a cushion for unforeseen expenses that you didn't anticipate.

This is a survey. To restate the question, when you formed your business, what costs did you fail to notice?

All responses are appreciated.

If people see a small increase and anticipate increases in the future they are likely to act now.

My practice is criminal defense, but anticipating problems I am learning about landlord/tenant law and evictions.Any help is appreciated!

What I hadn't anticipated was that all US investments would go bad so quickly.

Again, you are just a consultant who helps the client manage the entire process.For this, you may get paid a percentage of the renovation costs (and perhaps a bonus for coming in under the client's anticipated budget), you may get paid a flat fee or you may get paid hourly.

Makes it just as tough as hot sellers market because typically properties sell for the anticipated appreciation or the current built up appreciation.