Reddit reviews Real Estate Development: Principles and Process
We found 2 Reddit comments about Real Estate Development: Principles and Process. Here are the top ones, ranked by their Reddit score.
OK... not being rude but developing 100 units is a serious undertaking and requires far more expertise than anyone can give in a Reddit post.
There are many risks and complexities around market research, land acquisition, financing, construction and maintenance/disposal. You have to deal and negotiate with many public and private entities, all with their own agendas. It's not for the inexperienced or amateur investor, unless you have several million dollars to blow on a vague venture.
If you are really serious about learning development, here are a couple of good books:
Congratulations.
Books: Real Estate Development: Principals and Processes , Commercial Real Estate Analysis and Investments
Designations: CCIM
I'd recommend you read these textbooks and start on your CCIM designation as soon as possible. I've found the CCIM designation to be the most holistic overview of commercial real estate in its separate facets.
However, there is no substitute for doing. I've done a bit of everything so can speak to pros and cons of each. It really depends on your personality and what you want to achieve. PM me for a more in-depth discussion.