Are you the Next
Donald Trump? Successful real estate developers
can
become enormously wealthy. However, the flip side is many
developers run
out of cash before cashing in. Poor cash flow is the primary
cause of business
failure for real estate developers. This new book details how
to become a
successful real estate developer and demonstrates step-by-step
how to set
up, operate, and manage a financially successful real estate
development
enterprise. The author has explored every avenue in explaining
this
potentially rewarding—yet risky—business.
The book covers the entire process of establishing a small real
estate
development firm and the ongoing management necessary in an
easy-to-
understand way, pointing out methods to increase your chances
of success,
and showing how to avoid the many common mistakes that can doom
a
start-up.
The book focuses on small developments that you can start by
yourself
featuring both residential and commercial applications. Once
the basic skills
are learned, the book points out areas of expansion by
leveraging your first
investment.
While providing
detailed instruction and examples, the author
leads you through finding your first location that will bring
success, learning
how to draw up a winning business plan, installing basic cost
control
systems, assembling your team of experts, generating high
profile public
relations and publicity, learning low cost marketing ideas and
low- and no-
cost ways to satisfy customers and build sales, setting up
accounting and
bookkeeping procedures, and auditing.
There are thousands
of great tips and useful guidelines. You will learn the
development process, governmental issues, environmental
issues, demographics and trends, market research, site
selection, feasibility analysis, due diligence,
preliminary pro forma, property acquisition, project
design/refined pro forma, entitlements, financing/final
pro forma, construction, operation, feasibility studies,
financing, market analysis, construction, and asset
management. The new companion CD-ROM contains all the
forms demonstrated in the book for easy use in a PDF
format.
Purchase from
Amazon:
(You can also hover
your mouse over the button to read customer
reviews)
