Why Having Your Real Estate Investment Company also be the Property Development Company Matters
Why would you choose to become a property developer? What do you get out of it? Is it worth the risk? Here are some reasons why you should seriously consider becoming a real estate developer:
What is Property Development?
By definition, this phrase means the continual reconfiguration of the built environment to meet society’s needs. If that confuses you, do not worry. We are here to clear it up. Basically, this involves a wide range of activities and processes from purchasing land to building and developing facilities. It can be anywhere from a road to a high-rise. Using equity, expertise, and talents to convert land from its current use to a higher and better use.
To do it yourself, you must educate yourself on many topics. These topics include property, the markets, economics, finance, town planning, the construction process, and the marketing of real estate projects.
But even if you do it yourself, could you develop an 8 million dollar property with over 100 units? To be honest, no. That is why multi-family investing is the most coveted type of investing.
Because we not only fund the projects but also develop them, it is important to know what development entails.
What Are The Stages of Property Development?
Pre Purchase Stage
This stage is where the developer investigates properties, locations
This is also the stage where you develop the concept for the site you’re considering as well is conducting a feasibility study.
Negotiating Contract and Purchasing
Town Planning and Development Approval
Working Drawing and Documentation
And this, is only the beginning.
We are not a development company. We are an investment company. The only reason we develop is that we invest and want complete project oversight from site determination to fixtures and design details.
We also want to be in control of timeline- the ability to expedite the process so we can start creating the wealth for us and for you.
When you gain, we gain.
When it comes to real estate investing and real estate crowdfunding we have all the information you need in order to be successful. Trust us with any questions you have along the way. We are here to help. Luxe Crowdfunding is the best in the U.S.. There is no better company to teach you how to invest in real estate. Call or contact us
today for more information.