Quote:
Originally Posted by madog222
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Ok, somebody explain how you get a property where you can build condo's that will fetch around $$1200 (probly more) per sq foot, for only $100 per buildable sq foot? I thought the rule was to calculate about 30% of the selling price as your cost for the property, ie if condos there will go for $1000 per square foot, then the property should be priced at $300 per buildable sq foot.