Hello:I have a dream to become involved in commercial development, but have no experience in this field. Hopefully you all can help me put together the pieces of this puzzle so I can determine whether it is feasible a...
There are a number of technology companies, as well as auto manufacturers, who are planning their future around autonomous vehicles. These businesses believe this evolving technology will transform each of their indus...
The most fundamental metric in the commercial real estate space is, without a doubt, the capitalization rate or cap rate. It is calculated by dividing a property’s net operating income (NOI) by the purchase price (NOI...
In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. I feel the need to write an article on this, since in many of these conversat...
I’m looking to buy land around 3-5 acres and develop a subdivision. What are the first steps? Should I hire a general contractor, civil engineer and structural engineer to put together a plan? I’m new to this looking ...
I am from Honduras and my family has been in the developing business for a long time. I am currently living in Utah and want to start developing land but profitable land is hard to find since the zoning requires big l...
hello BP users,I have been fascinated by real estate development for years now since i was a little kid, and i have decided that this is the career path i want to take.So what is the best way to become a developer?1. ...
Hi all. My partner and I have bought a few homes now. Flipped one, fixing two other up right now.
context of our experience- we bought our first home in Bozeman Montana. We lucked out big time. Bought on the heels ...
Hello everyone, As the market is up in the air, I feel like a lot of investors I work with are more skeptical about deals. I have heard land development might be the next best option and wanted to jump in here to see ...
Hello everyone! Been reading these forums for a while, first time posting. So let's get right to the point: I have a half acre lot Chicago (Rogers Park). Building was crumbling, so had it demo'd and fenced in. I purch...