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Real estate is a business with operational functions. What are potential profit centers that are associated with real estate investment and development? Identify centers and how money is made? What about profit margins? PLEASE, really think about this so I don’t have to give out some 50s and 60s (which I have had to do) due to sloppy thoughts and work. This is actually a GREAT question that you should be able to address. In fact, I have students that are making multiple six figure incomes by thinking through this exercise which combines investment and investment management constructs

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