Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 16 years ago on . Most recent reply

User Stats

13
Posts
0
Votes
N/A N/A
0
Votes |
13
Posts

Book on Developing

N/A N/A
Posted

Does anyone know of a "how to"book that has been written on the topic of developing?

Most Popular Reply

User Stats

5
Posts
2
Votes
N/A N/A
2
Votes |
5
Posts
Replied

Rise,
I am a contractor and developer. If you subscribe to the idea that there are several points at which to enter and exit a development investment between raw land and turnkey, then it is just a matter of due dilligence. Sometimes it is better to buy raw land and sell the lots to builders. I have bought projects that were ready for final plat submittal and sold them after lot construction. 10% of the work and 90% of the profit. Other projects are better served by building out the homes or townhome / condos, generally when the project was expensive early on. Getting your contractors license can do nothing but increase your versatility. As far as starting small, just do it, you'll learn as you go, we all do. Find a project you believe in, write it up and go hunting for investors. It may take 5 or 10 efforts before you get one to work but you will create a network of people that believe in your strategies and will become great resources for you in the future. My first deal took 8 months to put together but netted my investors 140% in 18 months and netted me around $500k. It can be done! An early mentor of mine said "someone, somewhere, will always give you the money you need", no truer words have been spoken....I always seem to land on my feet! Good luck!

Loading replies...