Most times things don't go to plan in one way or another.You need to develop your project management skills because that is how you eat a loss on one area and manage the project to success.

BUT, I am confident that while the above covers MOST situations, in a country of 300 million + people there are locations where a 12% ROI exists for a car lot - though you may be giving up the “windfall” of a developer wanting and willing to pay a premium for your lot.  

(I’m sure it’s very similar to BP too, but I don’t know for sure.)LIVE, weekly Zooms, trainings and calls, across all the different groups/avatarsZooms about all sorts of helpful things:Estate Planning (Trusts) and other entitiesAcquisitions, UnderwritingAgent Outreach, FlippingPersonal Development (finding your avatar = what you’re really good at and what excites you)Creative Financing Strategies, Handling Objections, Disposition (Dispo), Exit Strategies, Seller Calls, Land Deals, Rentals,Multi-Family, Pre-Foreclosure, Raising Private CapitalI COULD GO ON AND ON – there are literally thousands of videos and saved Zooms in the VaultThis was and still is, the biggest surprise to me.

I made this mistake when I was starting out - I got excited about the returns of a development deal - but I didn't pay attention to the fact that I needed to be a cash flow investor because I did not have a W2 income, nor did I have sufficient passive income yet.It is critical for investors to understand the relative importance of evaluating the sponsor, alignment of interests and the deal.  

My wife, Krys, and I moved to a developing country 3 decades ago to serve impoverished families. 

Essentially, this follows the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, but with the twist of continually developing more homes on the same piece of land.Do you think this strategy makes sense?

- Local Development improving the area?

I own two villas and I am now developing properties that are being sold "off-plan."

My ultimate goal is developing and commercial. 

It wasn't the messiest thing I've seen, but still required clean up on my end which the clients weren't happy about at all.The third client is a self employed hair dresser and she compained of poor communication, inability to understand what they wanted form her and complete confusion over their payroll directions.For the price paid, I'd say the results were mediocre at best.