How to Get Into Real Estate Development?

What is Real Estate Development?


Real estate development can be defined as the process making some improvements to the real estate property in order to create value. Abraham Leser, a real estate developer, points out that this can include building new real estate properties, or modifying and improving the existing ones, in order to increase their value. 


How to Get into Real Estate Development?


According to Leser, getting started into real estate development, implies following a straightforward process. Here, the real estate developer will explain that process.

Get Some Basic Knowledge


It is not recommendable at all to enter into the world of real estate development, without having a basic knowledge of the market. Leser recommends getting familiar with the the ins and outs of real estate, before trying to invest in it. The professional specifies that having a degree is not necessary at all. However, he claims that it does not take a long time to get a real estate license for a thorough cover of the topic. Furthermore, a basic knowledge can be also obtained by work experience in the real estate sector.

Build a Team


Leser (follow him on Twitter) advises not trying to do everything yourself. He reccomends finding trustworthy team members, who can help you achieve your goal.

This team may include: other developers, legal staff, architects, engineers, finishers, day workers, and more.

Find a Property or Project


The next step, according to Abraham Leser is finding a project that meets your criteria and suits your team’s capabilities. “You can join into an existing project to gain more experience, or also you can seek out your own property,” recommends Abraham Leser, the chairman and president of The Leser Group.

Arrange Financing


In order to purchase the property, you will need some capital. Abraham Leser claims that you do not have to pay for it on your own. Working with investors is a great possibility that gives you more opportunities for commercial properties. However, you will need a trustworthy partner.

Working with investors gives you more opportunities for commercial properties, although you’re likely to need an experienced partner to earn investor trust.

For more informetion for getting into real estate, schedule an appointment with Abraham Leser.


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