How do you budget and allocate resources for the different phases of the entitlement process?

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The entitlement process is a crucial step in real estate development, as it involves obtaining the necessary approvals, permits, and rights to develop a property according to your vision and goals. However, it can also be a complex, time-consuming, and costly endeavor, especially if you encounter delays, challenges, or changes in the market or regulations. That's why you need to budget and allocate resources wisely for the different phases of the entitlement process, from pre-acquisition to construction. In this article, we'll share some tips and best practices on how to do that effectively.

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