VIEWS: 45 PAGES: 2 CATEGORY: Retail POSTED ON: 8/21/2011
Complete tutorials of how to be a real estate developer by a real real estate developer with 5 years experience.
How To Be A Real Estate Developer (1) : Why Real Estate? There are many ways to get rich. You can build a business, joining the network marketing, investing in the stock market, or become an internet marketer. But why I chose to become a real estate developer? Here are the reasons. 1. Human primary requirement We know that housing is one of the primary needs of human beings in addition to food and clothing. Therefore, the real estate business will always exist as long as there are humans on this earth. Yes, in certain areas of this business is not so good because the human population in the region tends to decrease. In China for instance, the government forbids people to have more than one child in one family. This policy makes China's population was reduced by half every generation. Reduced number of population of course make new housing needs also declined. But of course there are always opportunities everywhere, including in China. While the number of people in most parts of China declined, the population in urban areas increased sharply. Economic progress in China makes the high-income population is also increasing. The newly rich, of course, require new and larger homes that fit their new lifestyle. This is an opportunity for us as real estate developers to provide new homes and new apartments for them. 2. Real estate is a real business Real estate development involves more than 100 other businesses. Starting from the sale and purchase of land management, development planning, construction, installation of utilities, marketing, financing, management, all involve a lot of manpower. Therefore, these businesses can really drive the economy. Imagine if a business is involved with 10 workers, then with being a real estate developer you could feed 1000 people and still make a lot of money. 3. Relatively small capital Many people think the real estate business requires substantial capital. This mindset makes a lot of people are afraid and feel unable to become a real estate developer. In fact my husband and I build our real estate business with a fairly small capital. Most people think that to develop an area, a real estate developer have to buy land and build new houses to sell it later. With this pattern, it means a real estate developer must provide the capital to buy land and build homes first and then reap profits. In fact the process is not necessarily so. We can develop an area even without us having to buy the land first! How ? Later I will explain. 4. Simple Management Managing a real estate business does not have to use complex management systems. Moreover, when we develop a region that is not so wide. You do not need to have detailed knowledge about home construction. You also do not have to have detailed knowledge about marketing. You only need to hire the right people to do your job. You can leave the task of design to the planning consultant. Construction can be submitted to the contractor. You can leave marketing to the marketing agents, etc.. Management of real estate developers is simple. All you need is only organize the workflow. 5. Can be done easily by anyone from any background Many people think that to become a real estate developer you must have a background in engineering or architecture. But in fact, Donald Trump, one of the largest real estate developer in America is not a technical person. His background is in finance. In my opinion, that's what you should really mastered to be successful in business: finance. Without proper financial management, your business could be shattered in an instant. So, whatever your background, you can become a real estate developer. My husband did not even have a college degree. Yet he could become a successful real estate developer.
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