Review of Thinking About Becoming A Developer?
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Precious_Nzeakor
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Review of Thinking About Becoming A Developer?
[Following is an official OnlineBookClub.org review of "Thinking About Becoming A Developer?" by Ted Ihde.]
Real estate is a field that is ever-evolving and growing. With increasing population size, the demand for homes continues to rise. With it, the supply of these homes should match this increasing demand. Individuals looking to go into real estate development must understand its principles to succeed. Such concepts to grasp include construction, finance, working with contractors, and city planning. Thinking About Becoming a Real Estate Developer? by Ted Ihde is a valuable book that covers the nitty-gritty of real estate development. With cited examples and real-life statistics, coupled with the author's experience in the field, the author expounds on key factors one must consider to grow in the field.
I loved learning about these specific details in a field that I didn't have much knowledge or experience in. The author is thorough and covers topics like what it takes to be a good developer, how to ensure that one includes the well-being of the neighbourhood or city in mind when undergoing a project, and even how to successfully get financing for projects. The proposals and letters drafted by the author in the book will prove valuable to any corporation or individual in need of them. They were detailed and thoroughly thought out. This book speaks to all individuals connected to real estate in one way or another. Whether you are a home buyer, a seller, a real estate developer, a builder, a mortgage loaner, a municipality head, or simply want to know what real estate is all about, there's something in this book for you.
However, that doesn't mean that the book isn't without fault. For me, this book was not an easy read. There were so many technical terms that I had to assimilate a bit at a time for them to flow. It thus took me more time than I usually would to finish reading, and it even took rereading a second time to finally flow seamlessly. The author jumps into the crux of the matter without an introductory definition of the terms. If you are new to this field and have no prior knowledge of real estate, you might find it difficult to understand at first. Some abbreviations were used early on in the book, and their full meanings weren't spelt out until much later.
I believe that the book could have done with even more illustration examples to explain the concepts mentioned, given how abstract these concepts were. There were a few in the book that helped, but they weren't enough. This means that I had to consult additional resources to grasp certain concepts, like, for example, the concept of a 2-1 buydown. Without proper structure and a lack of chapters, I found it difficult to navigate the book and unify all that was talked about. Also, I found some grammatical errors in the book, which proves that the book was not professionally edited.
Real estate development is such an interesting and lucrative career path. Commonly, though, there isn't enough guidance in text or deeds to guide aspiring individuals in the field. That's why this book is valuable. Although much of what is talked about—government policies, the cities cited, and mortgage loaners—all apply to the United States of America, the general concepts are still applicable to all countries. One just needs to pick out what is relevant to the country they are in. For these reasons, I rate this book 3 out of 5 stars. I can't give this book a perfect rating because more work could be done to make it better, like incorporating more instances through which a concept is better explained and organizing the book in chapters for easy navigation and understanding. As I mentioned earlier, there's a little bit of something for everyone involved in this field. Thus, as the name implies, if you are interested in real estate or in becoming a developer, I recommend this book to you.
******
Thinking About Becoming A Developer?
View: on Bookshelves | on Amazon
Real estate is a field that is ever-evolving and growing. With increasing population size, the demand for homes continues to rise. With it, the supply of these homes should match this increasing demand. Individuals looking to go into real estate development must understand its principles to succeed. Such concepts to grasp include construction, finance, working with contractors, and city planning. Thinking About Becoming a Real Estate Developer? by Ted Ihde is a valuable book that covers the nitty-gritty of real estate development. With cited examples and real-life statistics, coupled with the author's experience in the field, the author expounds on key factors one must consider to grow in the field.
I loved learning about these specific details in a field that I didn't have much knowledge or experience in. The author is thorough and covers topics like what it takes to be a good developer, how to ensure that one includes the well-being of the neighbourhood or city in mind when undergoing a project, and even how to successfully get financing for projects. The proposals and letters drafted by the author in the book will prove valuable to any corporation or individual in need of them. They were detailed and thoroughly thought out. This book speaks to all individuals connected to real estate in one way or another. Whether you are a home buyer, a seller, a real estate developer, a builder, a mortgage loaner, a municipality head, or simply want to know what real estate is all about, there's something in this book for you.
However, that doesn't mean that the book isn't without fault. For me, this book was not an easy read. There were so many technical terms that I had to assimilate a bit at a time for them to flow. It thus took me more time than I usually would to finish reading, and it even took rereading a second time to finally flow seamlessly. The author jumps into the crux of the matter without an introductory definition of the terms. If you are new to this field and have no prior knowledge of real estate, you might find it difficult to understand at first. Some abbreviations were used early on in the book, and their full meanings weren't spelt out until much later.
I believe that the book could have done with even more illustration examples to explain the concepts mentioned, given how abstract these concepts were. There were a few in the book that helped, but they weren't enough. This means that I had to consult additional resources to grasp certain concepts, like, for example, the concept of a 2-1 buydown. Without proper structure and a lack of chapters, I found it difficult to navigate the book and unify all that was talked about. Also, I found some grammatical errors in the book, which proves that the book was not professionally edited.
Real estate development is such an interesting and lucrative career path. Commonly, though, there isn't enough guidance in text or deeds to guide aspiring individuals in the field. That's why this book is valuable. Although much of what is talked about—government policies, the cities cited, and mortgage loaners—all apply to the United States of America, the general concepts are still applicable to all countries. One just needs to pick out what is relevant to the country they are in. For these reasons, I rate this book 3 out of 5 stars. I can't give this book a perfect rating because more work could be done to make it better, like incorporating more instances through which a concept is better explained and organizing the book in chapters for easy navigation and understanding. As I mentioned earlier, there's a little bit of something for everyone involved in this field. Thus, as the name implies, if you are interested in real estate or in becoming a developer, I recommend this book to you.
******
Thinking About Becoming A Developer?
View: on Bookshelves | on Amazon
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Amy Luman
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I ever really thought about what went into real estate planning. There are a lot of things to consider and a lot of sub-specialties to go into. I just hope that we can keep up with the demand by providing an affordable supply. Thanks!
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Loner Pen
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Well, ah reckon this book on real estate development called "Thinking About Becoming a Real Estate Developer?" by Ted Ihde seems to have some value. It covers the ins and outs of the field and gives examples and statistics to back it up. However, it ain't an easy read, with lots of technical terms and a lack of introductory definitions. It could use more examples and better organization. Still, if you're interested in real estate or becoming a developer, it might be worth a look. 3 outta 5 stars, I reckon. Evocative imagery, painted vivid pictures in my mind.
