Quote:
Originally Posted by BrianL99
Home estimates are low, IMO.
The Developer is earning a "developers profit", a "builders profit" and a "sales commission". More likely, closer to 20%-23% in total ... perhaps higher.
For Commercial Space, I used a blended rate of $23/sq. ft. net. I could be off on that.
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I agree with this. .
As far as billionaires, wealth measurements are not income related, but asset valuation related.
So for every billion in assets, there should be about 10 - 12 % gross income and 5-6% net income, being conservative. .