The thicker floating vinyl planks are the most waterproof as most adhesives are “water resistant”.

Annexation, zoning, density, preliminary, and final plat approvals are examples of the steps associated with increasing site value.How much value is created is determined by deducting the "as-is" value from the entitled value.Establishing the entitled value involves determining and underwriting the Highest & Best use of the site and applying a residual analysis.A residual Land Value Analysis is conducted by establishing the built-out value of the project and deducting everything from the total value BUT land.The generic formula Total Sales or Capitalized Value - a Target Project Proft - commissions & closing costs = Residual Project Budget - Site Cost - Hard Cost - Soft Cost - Finance Interest points and fees = RESIDUAL LAND VALUE Residual Land Value is the price that can be paid to acquire the property that is supported by the Project planned to be built on it.One of the most important factors in doing this analysis is an Income-Driven approach.

His broker is really well known for the area makes millions per year in residual commission. 

When your broker is trying to convince you that no one wants to sell real estate for the rest of their lives and that recruiting people is the way to go and to live off the residual income (which some extremely well-connected people are making six figures by doing nothing) then yes, I think it is something that might be trendy now but I don't see it lasting for a long time for most agents. 

Doing so would trigger the need to pay Taxes on gains, additional closing/agent costs to sell our properties, and provide no residual income or capture of any benefits related to holding a property in a high growth area.

Use rhe recommended adhesive and trowel no9tch and always roll the installation with a 100# roller.

The solutions would be in the form of building out the passive or residual income presentation and also giving them a portion of the profits when the development is done. 

Making residual income How did you find this deal and how did you negotiate it?

Know that if you are treating properly within our treatment methodologies of isolating, decontaming, and residual kill you will not be getting bitten after your first treatment.

The annual cap is $16k and he is getting residual income that could potentially replace his commission income.