REAL Spec Home Profit Margin Shared!

If you are interested in spec home building, join 20+ year real estate pro, contractor, and spec home builder Mike Perry as he opens up the books and shows you real life numbers from a successful spec home business.

Video Summary :
-Mike talks about spec home profit margins, his spec home business, spec home investing, spec home loans, and spec home financing.
-Mike briefly covers an AIA (American Institute of Architects) speadsheet, his fundamental bulding estimation spreadsheet, and walks you through the different expenses of building a spec home.
-Finally, Mike shows you the final sale numbers.

00:00 Intro spec home business
01:15 AIA form that the spec home lender requires
04:51 A spreadsheet everyone can understand
11:55 Gross Profit on spec home
12:14 Closing costs
15:11 Giveaway!