Tommy Dobczyk explains how to buy raw land, get city approval for multifamily use, then sell it to a developer at a premium. You don't need to build anything yourself, just handle the paperwork and legwork to unlock the land's value.
Are you in the deal room? City is because let's just say, for example, you don't know me and you don't know how to turn this into a truck parking lot. That's why it's, it's suggesting you look at it as multifamily because the market says this is a good multifamily spot. And so in order to get it ready for multifamily, you don't have to be a multifamily builder to do it. Okay. You literally just present the idea. You do all the legwork and paperwork to get the city to approve it. You add value to the property that way and then sell it to a multifamily developer.
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