Hi;
know RE Development can not be fully understood from a book. But what books do you think are helpful for learning about the field? I am open to good books on any kind of development.
Thanks
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Hi;
know RE Development can not be fully understood from a book. But what books do you think are helpful for learning about the field? I am open to good books on any kind of development.
Thanks
are you talking about commercial, residential, spec building new homes, or major planned developments?
You need to understand the construction portion, the capital, and the zoning regs in your town. I think that most good developers have almost the same knowledge of zoning laws that an attorney might have.
Developing is a real team sport, contractors, gc, trades, zoning attorneys, capital management, sales people, leasing agents, ect.
Look on amazon for recent publications as laws and regs change frequently, however understand that they will all be very broad, and will more than likely not be able to address items specific to your area of the country.
Originally posted by Sean D:
Hi;know RE Development can not be fully understood from a book. But what books do you think are helpful for learning about the field? I am open to good books on any kind of development.
Thanks
Sean,
Check out ULI's bookstore, they have a TON of books on every area of real estate. I have purchased some myself on development and its well WORTH every penny......Especially since there not cheap.
Hey @Sean D I'm a huge fan of these books:
What Every Real Estate Investor Needs to Know About Cash Flow...and 36 Other Key Financial Measures by Frank Gallinelli (Frank is also on the BP forum)
and
The Real Estate Game: The Intelligent Guide to Decision-making and Investment by William J. Poorvu
For text books, this book is one of the best:
Real Estate Finance and Investments by William Brueggeman and Jeffrey Fisher
Adrian also made a great point about checking out the ULI bookstore.
Here's my "required reading" for development texts:
http://www.amazon.com/Real-Estate-Development-Principles-Process/dp/0874209714/ref=dp_ob_title_bk
It's is a textbook (took me months to get through), and is written like a textbook...if you're looking for light reading or informal disucssion, this probably isn't the book for you... :)
J Scott, Lish Properties, LLC
E-Mail: j@123flip.com
Telephone: 770-906-6358
Website: http://www.123flip.com
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Hey @Kyle_Zaylor -- Thanks for the kind words about my book. I always wanted to rich and famous, but happy to settle for just famous ;)
And btw, I also recommend the Brueggeman and Fisher book to my students -- pretty much the classic r.e. finance text
--Frank
Frank Gallinelli, RealData
Telephone: 800-899-6060
Website: http://www.realdata.com
-- www.realdata.com
Thanks....on my required reading list now!
I enjoyed your book as well. I read it many years ago and it formed the basis for the initial incarnation of our apartment model listed on the BP downloads top 10 list ;-)
Bryan Hancock, Bullseye Capital
E-Mail: b.hancock@bullseyecap.com
Telephone: 1-800-577-0401
Website: http://www.bullseyecapfund.com
I help busy people profit from real estate
Good stuff everyone, buying your book Frank, looking forward to it. Roc
I also recommend Intent to Prosper by R Kymn Harp that is an epic read about due diligence.
The ULI books are the gold standard to me as well.
You will find tons of book on real estate in the market. Want to basic or everything related to real estate like construction, taxation etc.?
hi,any and all recommendations on development related books are appreciated in this thread, thanks.
this is an older book but one of the best
http://www.amazon.com/Real-Estate-Development-Workbook-Manual/dp/0735544360
im a commercial mortgage banker, reference this alot and hear that some of my longtime developer clients still pull it off the shelf.