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Updated about 5 years ago on . Most recent reply
Becoming a Real Estate Developer
Good morning BP. I've been browsing on how to become a real estate developer and am looking for some insight. I've been working on a project to tap into the evolving tiny house market and have ZERO clue as to what a real estate developer does exactly. I get the concept of it, but the devil always lives in the details. I have a business plan, conceptual design, financial estimates, etc. etc.
I've read that being able to have access to $5-25MM is very important and since I'm a "no name", just starting out kind of guy there's risk involved and a lot of it. Especially when attempting to work in a somewhat "new" market.
Thoughts?
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- Developer
- Charlottesville, VA
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Money will come if you have a good enough story, location, good numbers and you can convey your expertise in a way that gives comfort to the investors.