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Updated almost 8 years ago on . Most recent reply
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Salt Lake Architect looking for Developer/Inverstor knowlege
I'm very interested in real estate development and would like to know more about it and in the future pursuit a few projects.
I have quite a bit of experience working on the design side for both commercial and residential developments. But as I've never been on the developer side I lack the financial and practical know-how to determine what makes a good project as well as how to fund a project. I also feel that understanding this side would help aid me in being a better architect.
My future hope is to be able to both design and develop my own projects. I imagine starting small with either a fix and flip or small spec. home and then move into multifamily homes as funds increase. I've done a great deal of study and reading on the subject but would like to see it first hand before throwing my hat in the ring. I would love to work a long side an experience investor to better understand how things work from a developers stand point.
At this point I don't have the financial capacity to fund a project but I feel I could bring value to a team through my services. I would be willing to offer my architectural and or 3D modeling services in exchange for being a more in depth part of a project. This way I can better understand the process for myself.
If you or someone you know would be willing to take me under their wing in exchange for architectural services or 3D modeling send me a DM. Thanks
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I know in theory how to fund large commercial projects, but lack the down payment for anything on the scale I would like to do. I saw a development in Tooele a while back that was fully developed for about 30 fourplexes bust passed since I only have a small investor pool and something on that scale would bankrupt us before we could have the first units done. It's one of the reasons I started being more active on bigger pockets. I want to be ready to act on the good projects when I see them and work up to being able to handle them.