
• Why do people develop real estate?
• Incredible opportunities
• Calculated risk
• Significant knowledge required
• Sustainability
• High risk, high profits
• Rewards in real estate development
• Risk in real estate development
• Do you have the right attributes?
• Selecting the type of development
• Size of development
• Location
• Rent or sell?
• Personal time
• Active or passive developer?
• Types of developers
• Development ownership entities
· Advantages of developing
· Disadvantages of developing
· The comparison
· Residential versus commercial developments
· Factors that affect the timing
· The investment cycles
· The best time to buy a property to develop
· Recognise signals for rising markets
· Recognise the signals of a falling market
· The best and worst time to develop
· Planning your survival
· The stages of real estate development
· Stage 1 - Vision
· Stage 2 – Concept
· Stage 3 – Technical
· Stage 4 – Construction
· Stage 5 – Implementation
· Selecting the right consultants
· Types of professional consultants
· Why prepare a feasibility study?
· Calculating your development profit
· Property measurements
· Market valuation methods
· Trends significant to sale prices
· Constructing your feasibility presentation
· Factors affecting finance
· The finance process
· Costs and charges of raising finance
· Major sources of development finance
· Methods of raising finance
· How a lender assesses a loan
· Negotiating for a loan
· The role of the developer
· Dealing with and managing people
· Basic principles of good management
· Dealing with your professional team
· Guidelines for meetings
· Dealing with government authorities
· Dealing with buyers
Dealing with tenants
In "An Intelligent Course on Real Estate Development", architect and successful international real estate developer Ron Forlee shares his many secrets in this high risk, high reward industry. With this practical "how to" guide, you too may be able to capitalise on the next real estate boom, or even the next burst of the real estate bubble.
This course is the perfect introduction to the industry for novice developers (although there is plenty of information for seasoned practitioners too), or those considering in investing in real estate development. It covers the whole gamut of residential and commercial development, including:
· The attributes of successful developers
· How to reduce the risks in developing real estate
· Choosing a team of appropriate development consultants
· Conducting a feasibility study, and calculating your profit
· Selecting finance and managing your way to success.
Real estate development is a risky business, but if it is planned and managed correctly, the rewards for developers and investors alike can be immense. This is the guide to help you succeed!