How To Start Real Estate Development at a Young Age?

by Sher
(Toronto, Canada)

Hi Colm,

I have studied urban and regional planning and have worked at a planning consulting firm and a municipal law office as a an urban planner for a bit.

I am 22 years old and understand the land development process but I have no money. I do not have a job either and I am living with my parents so far. No expenses and no debt.

Where do I begin to start my own development. Do I need to get a full time job, so the bank can give me a loan on a property that I can flip, and when I have completed one and made a profit I keep repeating the process and continue to build at a larger scale each time?

I want to be a real estate developer and focus on land development in the future. I don't mind working for someone but in the future I would like the freedom of building my own projects.

Please advise.

Thanks,

Sher. K

Hi Sher,

My best suggestion is for you to put together your CV laying emphasis on your studies and then focus on getting a job in a development company.

This way you can gain real experience, while earning a living. This way you are also mixing with all the people who make up the whole development team and this allows you to establish a reputation as a great worker and create relationships.

You definately need cash to be a developer, as I teach in all my development e-books. Studying any one of them will also help you at interviews by speaking the same language as developers.

Like all businesses we have a language and way of expressing ourselves and by studying my material you will be way ahead.

Another way to benefit from studying my real estate development material is to be able to assist individuals who are undertaking a development for the first time and have much less knowledge than you do.

I give you an A to Z progress chart as well as explanations of each item; how to do feasibility studies and present a development for finance.

Most people don't know this stuff.

Hope this helps.

Bye,

Colm Dillon
www.realestatedevelopmentcoach.com