Oh, the joy of being able to drive around again! With our autumn home starts stretching from Broadkill to Fenwick, the return of normal traffic conditions is a godsend for our Project Managers. These are exciting times as we begin our most ambitious home start schedule ever, with our deepest, most experienced team ever. I hope you enjoy this month's edition of our newsletter.
Presenting a Powerful New Analysis Tool for Investors
Turnstone has worked closely with investors since our inception. We help find desirable lots and then design, build and help market spec homes for them. We recently developed a simple but powerful spreadsheet to help investors determine the expected Internal Rate of Return (IRR) from a spec home project under various resale scenarios.
