Updated about 1 year ago on . Most recent reply
A good way to start out as a redisential developer?
I was just wondering if buying properties and rehabbing them would be a good way to transition into becoming a residential developer eventually?
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The skills you learn from rehabbing will account for about 25% of the skills required as a developer. The other 75% of the skills required to be a good developer will have to be learned elsewhere (a good mentor is the best way).
These include everything from Zoning/Subdivision/Land Issues to Environmental Issues to Permitting Nuances to Design Issues, plus all the differences in financial analysis.