All Forum Posts by: Linda Garcia

Sell vs Develop land.   Does anyone here know how to make an educated decision on whether to sell a highly appreciated property or go into a partnership with a developer.  The sell now price is substantially higher than the capital account value we would start out with but would allow us to get into multifamily.  I have shown my accountant and attorney but no real answer, probably because too many variables and things that could go wrong.  I would love to hear of any experiences with partnerships of the multifamily buildout type.

Thank you!  Relatively new here but loving it!

Hi, I am new here as far as posting anything! Hello! I have an offer coming in to buy a piece of land I own and also an offer to JV for an apartment building. Would there be a good reason as to why my offers are much higher than the equity value going into JV? I really want to do the JV but this is bugging me and the buyer is still wanting to offer more. Great place to be but has anyone had this experience?