Before you invest, know the property
Research prior uses, environmental issues, title encumbrances
Understand the property’s opportunities and constraints, highest and best use
Execute a complete and effective due diligence
Use market data, cost information to establish a true land residual value
Know the competition
Understand price and absorption
Identify best designs
Know emerging trends
Apply market intelligence to decisions
Add value through governmental approvals
Navigate complex city, county, state and federal approvals
Focus project design to capture project opportunities
Understand the cost of project constraints
Create a shovel ready project
Use market intelligence to design what end users want
Actively direct engineering and architectural designs
Value engineer all aspects of design
Create design in planning and architecture that evoke emotion
Know the real cost to entitlement, improvements, construction
Prepare comprehensive cost to complete estimate
Network engineers, planners, contractors to understand real costs
Implement variance budget reports
Identify all fees exacted by governmental agencies
Conduct regular site visits
Compare cost to complete to percent spent
Identify unknown conditions
Validate work complete before payment
Ensure quality work first time
Study execution
Identify inefficiencies
Seek out and implement best practices
Streamline schedules and back office systems
Challenge wisdom on common practice
Mentor operation managers
