Wonton Wealth

Land Entitlements with Michael Dawkins!


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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.


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Wonton WealthBy Tanh Truong

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