The Real Estate Developer’s Handbook: How to Set Up, Operate, and Manage a Financially Successful Real Estate Development With Companion CD-ROM

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The Real Estate Developer's Handbook: How to Set Up, Operate, and Manage a Financially Successful Real Estate Development With Companion CD-ROM

Are you the Next Donald Trump? Successful property developers can end up being enormously rich. Nevertheless, the flip side is many designers lose cash prior to cashing in. Poor cash circulation is the main cause of company failure for real estate designers. This new book information ways to become a successful genuine estate developer and shows detailed the best ways to set up, operate, and handle a financially successful real estate development enterprise.

The book covers the whole proce

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3 thoughts on “The Real Estate Developer’s Handbook: How to Set Up, Operate, and Manage a Financially Successful Real Estate Development With Companion CD-ROM

  1. 45 of 46 people found the following review helpful
    5.0 out of 5 stars
    Trying to figure out if this is a career you want? This will help., August 16, 2007
    By 

    This review is from: The Real Estate Developer’s Handbook: How to Set Up, Operate, and Manage a Financially Successful Real Estate Development With Companion CD-ROM (Paperback)
    Tanya Davis covers everything from basic business, to the nuts and bolts of running a real estate development. She gives you all the “have-to-do” items as well as all the things you should avoid or watch out for. (Loved the list of negotiation tactics that can get in the way! They apply to lots of conversations outside of business.)

    I liked the easy to navigate chapters and headings, and the glossary was excellent, but my favorite things about the book are all the checklists and examples that she gives. They really make you focus on each aspect of the deal: your personal skills, the business atmosphere you’re operating in, and concrete details about the property you’re considering. It’s actually a bit intimidating. They do help you take a hard look at all aspects of your project, though, and that is important.

    Unfortunately, the checklists don’t have a separate listing in the table of contents or index. They are set off in grey boxes, you can find them if you flip around, but it’s kind of a pain if you are looking for a specific one and can’t remember which section it’s in.

    That’s one reason I wouldn’t buy this book just to dip into as a reference. I think it would be less effective that way, anyway. By reading it from beginning to end you walk through the process of starting a real estate development venture, without any of the risks of actually bidding on property. It allows you to get an overview of what needs to happen, as well as what the pitfalls are.

    Normally, I rate a how-to book based one whether it makes me feel like I could get the job done. This book definitely left me with the knowledge that this job is not for me. Not because the book couldn’t explain it, but there were aspects of the job I’m just not suited for. So I initially figured I’d give it a 4. However, after thinking it over, I realized that when there is a lot of money at stake, I don’t want a book that is going to make it seem to easy. That’s how people get in over their heads. So this book gets a 5, because if you are thinking of getting into real estate development, it will help you decide if you have what it takes.

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  2. 15 of 15 people found the following review helpful
    5.0 out of 5 stars
    Practical guide for a complex subject, September 13, 2007
    By 
    D. Schulz
    (REAL NAME)
      

    This review is from: The Real Estate Developer’s Handbook: How to Set Up, Operate, and Manage a Financially Successful Real Estate Development With Companion CD-ROM (Paperback)
    From a distance, Real Estate Development would seem to be a difficult industry to “break into” for those with few contacts or experience. The Real Estate Developers Handbook dispels these myths by providing an inside look at what it takes to get in and make money in the field. As an alternative to years spent working up through the ranks, the author’s provide a fast track into the world of Real Estate Development by taking you through all the steps in the process: from locating land to working with government officials permitting to construction.

    Often the best advice is provided by those who have made mistakes along the way. Davis saves you money and time by identifying potential hazards and pitfalls in the industry. While the subject is complex, the material is broken down in a manner that is easily understood, even by those without an extensive background in the field. Upfront, the author discusses personality traits of successful Real Estate Developers and gives a description of actual job functions. The case studies scattered throughout give specific examples from experts in the field.

    Be warned, this is not a book for those with a passing interest in the field – it goes into great detail. Demographics, financials, due diligence and market trends don’t make for an exciting beach read, but for those with a serious desire to enter into Real Estate Development, it leaves no stone unturned and is a fantastic “go to” guide.

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  3. 8 of 8 people found the following review helpful
    4.0 out of 5 stars
    Real Estate How-To?, February 5, 2010
    By 
    Shirley Qin
    (REAL NAME)
      

    This review is from: The Real Estate Developer’s Handbook: How to Set Up, Operate, and Manage a Financially Successful Real Estate Development With Companion CD-ROM (Paperback)
    Upon first examination, the book is very well organized. The table of contents is easy to read, making the book easy to navigate. The language of the book is simple enough and gets point across. Overall, the book flows well. There are also many examples of sample contracts, checklists, financial statements, and other documents that act as helpful aids throughout the book. I especially found the glossary a wonderful bonus. However, the book does a bad job with road mapping which makes it hard to follow at times. Sometimes the author outlines steps, but you forget if you’ve read a new section or still on one of the steps because there’s no numbers or any signposting indications in headings. Much to my dismay, case studies do not go into detail on how person came about his suggestions. Instead, they seem more like impressive bios of the showcased realtor. Emphasis should be put more on specific instances, for example when Craig realized real estate involved politics, rather than how many lots he’s got developing in Oregon. (Craig does give a short anecdote at the very end of his case study, but it’s not followed by any message. I guess you’re supposed to figure it out yourself.) A long list of advice quoted in paragraph form (Donna Jones’ bio is replaced by a rant of her regrets without any specifics for support) as a whole case study doesn’t help much either.

    Case studies aside, the substance of the book is exemplary. The reader will get the basics of business management, law, finance, and marketing without ever having to sit in one of the undergraduate-level business classes. Plus you get to learn it in relation to what you’re actually going to be needing. “Traits of developer” (drive to succeed, flexibility, preparedness, attention to detail, able to accept disappointment, common sense, and ability to continue learning knowing that you’re not perfect) and “personal skills for success” (being schedule-oriented, treating public with respect, being able to negotiate, assessing long-term results) can be applied to any field, and general success in life. The persuasion strategies given throughout the book can probably come in handy elsewhere too. Of course, specialized skills (marketing, finance, basics in architecture, etc.) are also included.

    After reading this book, should have pretty good idea of what real estate developing is and how to do it. The book claims to save time and money spent on years of training and education (70% of learning) by revealing the secrets of real estate. I’m not sure how secretive these skills are, but you will certainly save tons of time and money from trying to figure this all out by yourself. The book not only gives you the basics, but also a good in-depth knowledge of real estate development. If you’re serious about real estate, this book is a great way to start. If you’re not, buy it anyway; the skills and tips here can be well applied to many other aspects of life. And to top it off, buying the book will save animals. You can feel that you contributed to a good cause because a portion of your purchase will go to The Humane Society of United States).

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