Phased Projects KILL Your Budget! Do THIS Instead #shorts
13 Mar 2026 · 1 min
0:44
Breaking a real-estate development into three phases balloons dirt-work costs from $31 M to $51 M, a $20 M penalty. Do the whole project at once instead.
Breaking a real-estate development into three phases balloons dirt-work costs from $31 M to $51 M, a $20 M penalty. Do the whole project at once instead.
Are you in the deal room?
So you're saying if you didn't do it all at the same time, then you'd have to pay the 10 and the 10 and the 18. And ready for this? Here's the— here. And that's just saying if I did each one individually, here's the reality of it. If, if I did this like this and it was 10 here, 10 here, and these are the estimates I got for it at the time, when I finished this one and it's 100% a multifamily, this one goes up to 12 million and this one's going to go up to 24 million. When I I finish this one, and this one's the apartments, the guy that did the dirt work is no longer going to charge me $24 there.
He's going to charge me more like $29 versus getting in and just doing it all at the same time, running all this stuff.
Where I'm at is $10 and $12 and $29, and now that number, $51 million in dirt work because I did it. If I did it the way Adam wants me to, this is how much dirt work goes up to versus right here, $3.4. That's a $20 million, $21 million, almost a $20 million, over a $20 million difference because He wants to focus on one project at a time.
This is a perfect example of do the numbers and we'll tell you what to do.
It's called supply and demand. Not only that, but when we build this and we also built these two first, now I have to worry about how I get my trucks in and out of here every day with people and traffic going like this. So now I can't even get back here to work. I have to build a road all the way up and around and back into it to avoid all these people. And this is the— this is why they set up the opportunity zone. So that the common developer would have to get out of the comfy box of let me make money first and community second. Forces you to focus on community first, not just, you know, my profits, what's easy for me.
