The Realty Designer’s Handbook: The best ways to Set Up, Run, and Manage an Economically Successful Realty Development With Buddy 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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Trying to figure out if this is a career you want? This will help.,
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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|Practical guide for a complex subject,
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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|Real Estate How-To?,
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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