Tommy Dobczyk shows an 18-unit fix-and-flip project in Melbourne, Florida with a $6.7 million construction cost and expected value of $10 million or more. The site has ten income streams including boat docking and rentals.
What happened in the deal room today. Fix and flip on dirt. Oh, yes, yes, huh? Right. It's a fix and flip on dirt. All we're creating is that deal room. It's got all the docs, it's got the pictures, it's got the 3D renderings. And that's what they did. They gave you 3D renderings of what it would look like. They have 18 units there. Right. And so when you package that all together and you say it's going to cost $6.7 million to build it, but it's going to be worth $10 million plus when we're done because of the cash flow that place is going to make with 18 units in Melbourne, Florida, that off of the Indian River. And then we you can put boats out there and have docking for boats and boat rental. That's another source of income. There's there's at least 10 streams of income out there.
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