Comments on: Whats the best way to become a commercial real estate developer? http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/ Properties, Real Estate, Homes Information Fri, 04 May 2012 03:04:28 +0000 hourly 1 http://wordpress.org/?v=3.1.4 By: soxrcat http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/comment-page-1/#comment-1264 soxrcat Mon, 15 Dec 2008 03:53:59 +0000 http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/#comment-1264 Get an internship with a development firm. Law school is useful - my sister is in law school right now - and you could do both at the same time. Get an internship with a development firm.
Law school is useful – my sister is in law school right now – and you could do both at the same time.

]]> By: ebizoutlook http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/comment-page-1/#comment-1263 ebizoutlook Sat, 13 Dec 2008 18:34:50 +0000 http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/#comment-1263 Other than gaining a formal eduction on commercial realestate you might want to educate yourself a little bit about various commercial real estate process. Also, commercial real estate situation in various part of the state. In my resource box I include a link to a website that has a lot of info focus on commercial estate. I found it very helpful. Good luck Other than gaining a formal eduction on commercial realestate you might want to educate yourself a little bit about various commercial real estate process.
Also, commercial real estate situation in various part of the state.
In my resource box I include a link to a website that has a lot of info focus on commercial estate. I found it very helpful.
Good luck

]]> By: hirebookkeeper http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/comment-page-1/#comment-1262 hirebookkeeper Thu, 11 Dec 2008 01:44:25 +0000 http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/#comment-1262 My kids went to WMU - good school. I work for a residential builder/developer as a bookkeeper. Unless you have a huge wallet, IT IS VERY EXPENSIVE TO DEVELOP PROPERTIES. You have to deal with the government entities and they can take forever to approve a building plan as well as the underground and all the things that are needed to develop vacant land. In the meantime, you pay interest on the loans you took to develop the property and the rates are not usually fixed. Especially now with real estate on the downturn, it is increasing difficult to sell projects. I would buy a single lot or lots already developed and build that way. I think you should study and pass the builders exam for Michigan or whatever state you think you will practice, with the law degree will only enhance that real estate emphasis. Good luck! My kids went to WMU – good school. I work for a residential builder/developer as a bookkeeper. Unless you have a huge wallet, IT IS VERY EXPENSIVE TO DEVELOP PROPERTIES. You have to deal with the government entities and they can take forever to approve a building plan as well as the underground and all the things that are needed to develop vacant land. In the meantime, you pay interest on the loans you took to develop the property and the rates are not usually fixed. Especially now with real estate on the downturn, it is increasing difficult to sell projects. I would buy a single lot or lots already developed and build that way.

I think you should study and pass the builders exam for Michigan or whatever state you think you will practice, with the law degree will only enhance that real estate emphasis. Good luck!

]]> By: moonwalker http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/comment-page-1/#comment-1261 moonwalker Wed, 10 Dec 2008 16:54:49 +0000 http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/#comment-1261 Work for one for a while to learn and get on the job training. See if this is what you want, if not you may find something related in this field. Work for one for a while to learn and get on the job training. See if this is what you want, if not you may find something related in this field.

]]> By: MLaw http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/comment-page-1/#comment-1260 MLaw Sat, 06 Dec 2008 23:12:46 +0000 http://propertiesmagazine.com/blog/index.php/whats-the-best-way-to-become-a-commercial-real-estate-developer/#comment-1260 The best way is to get a job with a real estate development company & learn the business. The best way is to get a job with a real estate development company & learn the business.

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