What and how is a good way to start out as a Real Estate Developer?
Posted on March 12th, 2010 in Investing | 1 Comment »
Ray asked:
I have already gather a good team of Loan broker and Real Estate Agent. But What is consider a good project for Rookie real estate developer? And is the current time good for real estate investing.
One Response
Organic Coffee
Different parts of the country are good and some are bad for developing new real estate. A first project needs to be successful so that you can afford more, and for that reason I’d simply invest in a “spec” house. Meaning you build a house and sell it while its under construction or immediately after its done. Manage the process closely and you can make a few dollars.