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In this conversation, Michael Dawkins shares his journey from being a firefighter to a full-time real estate developer. He discusses the complexities of land entitlement, the challenges of navigating political and environmental hurdles, and the strategies for maximizing land value. Michael also shares insights into creative real estate strategies, including partitioning properties and building industrial parks. Additionally, he recounts humorous and insightful stories from his firefighting days, emphasizing the importance of fire safety and compliance in property management.
Takeaways
1. Michael transitioned from a firefighter to a full-time real estate developer.
2. Land entitlement involves navigating political and environmental challenges.
3. Patience is crucial in the land development process.
4. Maximizing land value can lead to significant returns on investment.
5. Creative strategies can help stabilize and profit from properties.
6. Building relationships with local municipalities is essential for development.
Here's the link to my book: Value Over Volume
Want to learn more about CRE?ย
CRE Course
Use Code for 10% off: tanhtruongย
๐ Support My Channel ๐
Bitcoin: bc1pe8ejjypqem83tupwurs68jlchwsh0889mfjgpxss7xentgcfwkpstv5y2h
Sats via Strike: https://strike.me/tanh
Dollars via Paypal: https://www.paypal.com/paypalme/tanht
Dollars via Venmo: https://account.venmo.com/u/tanh-truong
๐ Website: https://www.wontonwealth.com
โ๏ธ X: http://www.x.com/tanhtruong
๐ท IG: http://www.instagram.com/pro_tanh
๐ค LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/
โ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.
By Tanh Truong5
88 ratings
In this conversation, Michael Dawkins shares his journey from being a firefighter to a full-time real estate developer. He discusses the complexities of land entitlement, the challenges of navigating political and environmental hurdles, and the strategies for maximizing land value. Michael also shares insights into creative real estate strategies, including partitioning properties and building industrial parks. Additionally, he recounts humorous and insightful stories from his firefighting days, emphasizing the importance of fire safety and compliance in property management.
Takeaways
1. Michael transitioned from a firefighter to a full-time real estate developer.
2. Land entitlement involves navigating political and environmental challenges.
3. Patience is crucial in the land development process.
4. Maximizing land value can lead to significant returns on investment.
5. Creative strategies can help stabilize and profit from properties.
6. Building relationships with local municipalities is essential for development.
Here's the link to my book: Value Over Volume
Want to learn more about CRE?ย
CRE Course
Use Code for 10% off: tanhtruongย
๐ Support My Channel ๐
Bitcoin: bc1pe8ejjypqem83tupwurs68jlchwsh0889mfjgpxss7xentgcfwkpstv5y2h
Sats via Strike: https://strike.me/tanh
Dollars via Paypal: https://www.paypal.com/paypalme/tanht
Dollars via Venmo: https://account.venmo.com/u/tanh-truong
๐ Website: https://www.wontonwealth.com
โ๏ธ X: http://www.x.com/tanhtruong
๐ท IG: http://www.instagram.com/pro_tanh
๐ค LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/
โ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.