Re: Estimated Start up costs
From: Catya Belfer-Shevett (catyahomeport.org)
Date: Tue, 5 Jun 2007 08:30:51 -0700 (PDT)


sally thompson wrote:
Supposing you decide to do the developing yourselves. In addition to the cost of the land, what would be ball park figure for legal fees to set up an LLC, transaction papers acquiring the land, condo association by-laws, etc AND the ball park figure for an Architect to design a community of almost 30 units plus Common House?

If you're planning on doing the developing yourself, you should be looking at 20% of the total cost of the project as what you need to come up with in cash.

        - catya
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                            ____
Catya Belfer-Shevett    ____\  /     Cohousing in MA?
catya [at] cohousing.org     \  / \/   www.mosaic-commons.org
www.catya.org            \/          Ready Fall 2008!


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