Developing vs Buying and Repositioning Apartments
Hey BP, does anyone have any good resources they can point me to for real estate development? Specifically developing apartments?
Also, does anyone have any suggestions on buying and repositioning apartments vs developing them? Pros and cons, maybe. I’m guessing development is more difficult and higher risk but can have the potential for higher returns?
I’ve searched around on the site but haven’t found a lot on the topic, especially as it relates to pros and cons of development vs buying existing complexes. If anyone knows a specific article or post to check out as well I’d appreciate it. Thanks!