Starting your own real estate development business

Whether due to an inheritance or stroke of luck, private individuals sometimes build property to generate investment returns without necessarily being real estate professionals. What are the pitfalls to be avoided?


You have the opportunity: a piece of land, with perhaps a building on it, which you can potentially transform into an investment property. The time is right: the demand for housing is strong, and financing terms continue to be highly favourable. However, while you're not a real estate professional, you don't necessarily want to just hand off the project to others. You need help knowing where to start.



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Source : Magazine PME