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Thursday, 02/29/2024 12:21:48 PM

Thursday, February 29, 2024 12:21:48 PM

Post# of 88765
This is the area of my confusion. If you own the property, develop it and retain ownership, (i.e. - you own it all) there is no profit from the development phase but there will be annual revenue from rents on the developed properties. If you own the property and develop it and then sell if off (i.e. - you sell everything for a profit), then there would be no annual revenue. With city, state and private investor money involved it seems there must be some hybrid plan if there is to be both an initial profit and an annual revenue stream,