Review of Thinking About Becoming A Real Estate Developer?
Posted: 03 Jul 2024, 03:59
[Following is a volunteer review of "Thinking About Becoming A Real Estate Developer?" by Ted Ihde.]
I have not heard about a country where real estate is not a big deal. People build homes, others buy the homes, and there are some who also rent these homes. Additionally, business owners and organizations also need buildings to do business. Let’s look at the numbers. As of 2024, the real estate market is valued at 637.80 trillion USD (according to Statista). Do you see why real estate is a big deal? I’m sure you get my drift. However, does it mean that everyone must get into real estate? You already know the answer; it’s a big no. Nonetheless, if you’re considering building a career or business in real estate, “Thinking About Becoming A Real Estate Developer?” by Ted Ihde can take you a few steps into this multi-trillion-dollar market.
In this book, the author does not just discuss real estate in terms of flipping, where you buy a home, revamp it, and resell it. The author calls these folks real estate “fix-and-flip” participants. Thankfully, the author takes the reader on a journey towards becoming a real estate developer. Here’s how the author puts it: “A real estate developer will want to add an experienced architect, engineer, and lawyer to their development team.” In this book, the reader will get insights into the concept of land banking and how it works in different states in the United States.
First of all, this book is both niche-specific and country-specific. The author does not cover all there is to cover when it comes to becoming a real estate developer. You can’t expect him to do that when many tertiary institutions offer degree courses in real estate development. I already said that this book can take you a few steps in. However, the author’s focus in this book is on how the reader can navigate land banking. Also, this book will only benefit you the most if you plan on being a real estate developer in the United States. The author was specific about this.
The author understands that many people reading this book might be novices in real estate. Therefore, he uses strategies that can simplify the journey to becoming a real estate developer. For instance, the author includes samples/templates of the necessary documentation and contracts you must prepare if you’re starting out. There are blank spaces for the reader to fill in specific details. This will go a long way to make the journey quicker for the reader.
As expected, the author used technical jargon in the book. However, I did not see it as an issue, as the author was specific about the ideal readers. That notwithstanding, the author tried to break the book down for the reader to understand.
There is nothing I dislike about this book. Therefore, I rate it five out of five stars. This book is suitable for anyone intending to become a real estate developer in the United States.
******
Thinking About Becoming A Real Estate Developer?
View: on Bookshelves | on Amazon
I have not heard about a country where real estate is not a big deal. People build homes, others buy the homes, and there are some who also rent these homes. Additionally, business owners and organizations also need buildings to do business. Let’s look at the numbers. As of 2024, the real estate market is valued at 637.80 trillion USD (according to Statista). Do you see why real estate is a big deal? I’m sure you get my drift. However, does it mean that everyone must get into real estate? You already know the answer; it’s a big no. Nonetheless, if you’re considering building a career or business in real estate, “Thinking About Becoming A Real Estate Developer?” by Ted Ihde can take you a few steps into this multi-trillion-dollar market.
In this book, the author does not just discuss real estate in terms of flipping, where you buy a home, revamp it, and resell it. The author calls these folks real estate “fix-and-flip” participants. Thankfully, the author takes the reader on a journey towards becoming a real estate developer. Here’s how the author puts it: “A real estate developer will want to add an experienced architect, engineer, and lawyer to their development team.” In this book, the reader will get insights into the concept of land banking and how it works in different states in the United States.
First of all, this book is both niche-specific and country-specific. The author does not cover all there is to cover when it comes to becoming a real estate developer. You can’t expect him to do that when many tertiary institutions offer degree courses in real estate development. I already said that this book can take you a few steps in. However, the author’s focus in this book is on how the reader can navigate land banking. Also, this book will only benefit you the most if you plan on being a real estate developer in the United States. The author was specific about this.
The author understands that many people reading this book might be novices in real estate. Therefore, he uses strategies that can simplify the journey to becoming a real estate developer. For instance, the author includes samples/templates of the necessary documentation and contracts you must prepare if you’re starting out. There are blank spaces for the reader to fill in specific details. This will go a long way to make the journey quicker for the reader.
As expected, the author used technical jargon in the book. However, I did not see it as an issue, as the author was specific about the ideal readers. That notwithstanding, the author tried to break the book down for the reader to understand.
There is nothing I dislike about this book. Therefore, I rate it five out of five stars. This book is suitable for anyone intending to become a real estate developer in the United States.
******
Thinking About Becoming A Real Estate Developer?
View: on Bookshelves | on Amazon