Gold: Standardized luxury tract development yields tight profit margins
Gary Gold · How to Start Investing in Real Estate (Even with $0) · Oct 9, 2025 · at 12:51
Luxury real estate agent Gary Gold contrasts high-volume standardized developers with investors targeting unique, difficult properties with less competition.
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“The guys who are really successful, who are selling a lot of houses, and they can just repeat, like, are guys like Thomas James, where they're finding areas like the Palisades, and the lots are very uniform, and they can build the same thing over, over, and over again. But the margins on those deals are very tight, because there's dozens of people chasing after the same thing, because they know what they need to build, and they know what the outcome is.”
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