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#26 Scaling Your REI Business with RE Development with Ken Van Liew

#26 Scaling Your REI Business with RE Development with Ken Van Liew

Released Tuesday, 25th May 2021
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#26 Scaling Your REI Business with RE Development with Ken Van Liew

#26 Scaling Your REI Business with RE Development with Ken Van Liew

#26 Scaling Your REI Business with RE Development with Ken Van Liew

#26 Scaling Your REI Business with RE Development with Ken Van Liew

Tuesday, 25th May 2021
Good episode? Give it some love!
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Ken Van Liew is an author, educator, engineer, real estate coach, and one of Manhattan's most successful skyscraper experts. He has earned international praise for his work in the building trades and has overseen the investment, finance, and development of numerous residential, commercial and retail projects.

Ken has managed syndicated more than $1.3 billion in capital investments, including 1,500 luxury high-rise residential units, a 3 million-square-foot commercial office and residential quick turn, and a fix and flip system that has completed over 3,000 transactions.

He is the author of the book Modern Wealth Building Formula: How to Master Real Estate Investing, and creator of the Modern Wealth Building Formula, which has empowered thousands of real estate investors over the past 20 years.

Helpful Links:

https://kenvanliew.com/

https://globalrestrategies.com/

Best Ways to Contact Ken:

https://kenvanliew.com/connect/

Episode Highlights:

- Taking land through the entitlement process can increase land value 10x.

- Before buying the land, you can structure the deal where it’s contingent upon approval of the entitlement proposed to the local authorities.

- It’s not labor intensive to take land through the entitlement process once you put together a team with an architect, civil and mechanical engineers, and other local professionals that are local and understand existing zoning and variances.

- The entitlement process can often take 12 to 18 months or more so you should plan on at least a 24 month runway. Anytime you’re dealing with a department of environmental protection the process can be prolonged.

- Some of the key components that goes into your development plan will include a development budget, snapshot at stabilization, cash flow, site logistics plan, project schedule, and bank package presentation. Ken’s consulting company Global Real Estate Strategies can help with all of  these items.

- Feasibility studies and market comparisons to determine benefits of the project are key in every deal.




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