Review of Thinking About Becoming A Real Estate Developer?
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Review of Thinking About Becoming A Real Estate Developer?
Andrew Carnegie once said, “Ninety percent of all millionaires become so through owning real estate.” However, getting into real estate can feel like an insurmountable task, with many factors to consider, including financial and legal concerns, maximizing profit, building the houses, and handling the paperwork. "Thinking About Becoming A Real Estate Developer?" by Ted Ihde makes this process easier. The book teaches its readers and helps them understand the fundamental principles of real estate and how real estate transactions work. It teaches strategies involved in buying and selling real estate and covers a lot about mortgages. It shows potential real estate developers where there are opportunities for their businesses. It delves into finer details, such as constructing houses to be more stable and resistant to erosion or building in a way that makes remodeling easier.
There are many aspects of the book that make it stand out. First, although the information is aimed at potential real estate developers, it is also useful for individuals planning to buy houses for themselves. The book discusses strategies a person can use to ensure they can finance a house they plan to buy, as well as ways to reduce the cost of that house. Another highlight of the book is the broad range of advice it provides regarding real estate. It educates the reader on many aspects that I cannot fully cover here. Before reading it, I did not realize how many factors one should consider before delving into real estate. I was also surprised by the mathematics involved. It excels at painting a picture of the real estate environment for the reader, sometimes quite literally, and it highlights the need for real estate in many American cities, including Kansas City, Missouri, St. Louis, and New York. The book was well-written and well-edited.
The one drawback I found about the book is that its message seems to be primarily aimed at those planning to become real estate developers in America. Most of the statistics are about the U.S., and the environment discussed mainly pertains to U.S. cities. However, despite this focus, I believe the book's message is still thoroughly beneficial to non-U.S. real estate developers. Therefore, I give it a rating of five out of five. If you are considering becoming a real estate developer, this book might be exactly what you are looking for.
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Thinking About Becoming A Real Estate Developer?
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