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All Forum Posts by: Barry Ruby

Barry Ruby has started 0 posts and replied 508 times.

Post: Land Development JDA

Barry RubyPosted
  • Developer
  • Boulder, CO
  • Posts 530
  • Votes 365

Hi Cohen,

Your land can be contributed to a ground-up development and, in exchange for it receive a portion of the Project's ownership.

When making a deal with a developer to contribute your entitled land to a ground-up development, the appropriate structure and ownership percentage will depend on a number of factors. Some common options include forming a joint venture, leasing the land, selling with profit sharing, or entering into a development agreement. 

If you elect to JV, the ownership percentage you can secure will be influenced by the value of your land contribution, additional resources or expertise you bring, negotiations with the developer, and the overall structure of the deal.

There is no fixed formula to arrive at your piece of the deal which will or at least should bear a relationship to the total capital stack of the project and where you stand in that mix. This is where it gets a bit complicated in that you will need to know the way that the entire deal works to be able to structure your specific relationship and participation in it.

Let me know if you have any questions or need any help working through these concepts.

Post: Need Help Evaluating/financing a Multifamily

Barry RubyPosted
  • Developer
  • Boulder, CO
  • Posts 530
  • Votes 365

@Enoch 'Nick' Wiesner

I did, now it's your turn to check yours :)

Post: How do I get my foot in the door of wholesaling?

Barry RubyPosted
  • Developer
  • Boulder, CO
  • Posts 530
  • Votes 365

@Shanece Adams

Let me know If you need help with running the numbers. I made an Excel workbook for my son that I am happy to share with you.

Post: Family Friendly Outskirts of Denver, CO

Barry RubyPosted
  • Developer
  • Boulder, CO
  • Posts 530
  • Votes 365
Quote from @Bart Van Leijsen:
Quote from @Barry Ruby:

@Bart Van Leijsen Hey Bart come have a cuppa coffee with me in Longmont

Hey Barry, thank you for reaching out!

We currently live in Mississippi. Hopefully take a trip out there this fall to check-out some areas. 


I see that you are a developer. What asset type?

Thanks for asking, I started my development career with a then start-up company called Taco Bell. Got hired by a shopping center developer to do build-to-suits on freestanding pads and inline small tenant leasing. Became a shopping center developer, branched out into high-rise mixed-use, office/industrial, multifamily, and lots of land deals. 15 years ago I transitioned into renewable energy and started a company to build utility-scale solar farms. I remain a partner with the company which my 2 partners run today. I have chosen to spend the rest of my professional life teaching Financial Literacy, pro forma modeling, and ground-up development.

Please tell me a bit about yourself, and feel free to reach out to me if I can ever be of any assistance to you Bart.

Post: 18 unit multifamily

Barry RubyPosted
  • Developer
  • Boulder, CO
  • Posts 530
  • Votes 365

@Gavin Miller Gavin, I’d be happy to review your Pro Forma and send you my analysis of it. Please let me know if you’d like to do that.

Post: Looking to get started

Barry RubyPosted
  • Developer
  • Boulder, CO
  • Posts 530
  • Votes 365

@Michael McGuigan Michael, if you are sincerely looking for help, you need to figure out what flavors you want to know about if you expect anyone to step up to provide it.

There is a bit of “you don’t know what you don’t know” here, but you will be we advised to spend some more time on zeroing in on specifics if you truly expect someone to give you the information and time needed to get you started.

Feel free to give me a shout if you’d like.

Post: Need Help Evaluating/financing a Multifamily

Barry RubyPosted
  • Developer
  • Boulder, CO
  • Posts 530
  • Votes 365

@Enoch 'Nick' Wiesner I can send the input sheet to you and you can use it as a template that identifies the key data points needed to run a robust analysis. We can “fill in the blanks” with assumptions as holding places and refine the analysis as more accurate data becomes available.

Let me know if this makes sense to you and if it does, let me know how I can get the input sheet in your hands.

Post: Family Friendly Outskirts of Denver, CO

Barry RubyPosted
  • Developer
  • Boulder, CO
  • Posts 530
  • Votes 365

@Bart Van Leijsen Hey Bart come have a cuppa coffee with me in Longmont

Post: first multi-family property

Barry RubyPosted
  • Developer
  • Boulder, CO
  • Posts 530
  • Votes 365

@Steven Nash let me know if you need any help underwriting and properly securing the site with closing subject to full entitlements.

Post: Underwriting assistance please

Barry RubyPosted
  • Developer
  • Boulder, CO
  • Posts 530
  • Votes 365

@Jenean Winston Janean, feel free to reach out to me if you have something you'd like me to look at.