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My tax law background is the single biggest advantage I have had in real estate. Every great deal is a tax deal. If you do not understand the tax code, you are leaving half the profit on the table.
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The $25 million option clause in my Galaxy contract might be the best deal I ever made.
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I'll wait years for a single lease. Patience in acquisition beats speed every time.
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The best deals I have done are the ones I said no to. Walking away is a skill most developers never learn.
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We own the mineral rights. They needed our land. That's the deal. Simple as that.