Are you the Next Donald Trump? Successful real estate developers can become enormously wealthy. However, the flip side is many developers run out of cash before cashing in. Poor cash flow is the primary cause of business failure for real estate developers. This new book details how to become a successful real estate developer and demonstrates step-by-step how to set up, operate, and manage a financially successful real estate development enterprise. The author has explored every avenue in explaining this potentially rewarding yet risky business. The book covers the entire process of establishing a small real estate development firm and the ongoing management necessary in an easy-to-understand way, pointing out methods to increase your chances of success, and showing how to avoid the many common mistakes that can doom a start-up. The book focuses on small developments that you can start by yourself featuring both residential and commercial applications. Once the basic skills are learned, the book points out areas of expansion by leveraging your first investment. While providing detailed instruction and examples, the author leads you through finding your first location that will bring success, learning how to draw up a winning business plan, installing basic cost control systems, assembling your team of experts, generating high profile public relations and publicity, learning low cost marketing ideas and low and no-cost ways to satisfy customers and build sales, setting up accounting and bookkeeping procedures, and auditing. There are thousands of great tips and useful guidelines. You will learn the development process, governmental issues, environmental issues, demographics and trends, market research, site selection, feasibility analysis, due diligence, preliminary pro forma, property acquisition, project design/refined pro forma, entitlements, financing/final pro forma, construction, operation, feasibility studies, financing, market analysis, construction, and asset management. The new companion CD-ROM contains all the forms demonstrated in the book for easy use in a PDF format....

If you're thinking about building or remodeling your house, you should consider hiring yourself as the contractor. You can save 10% to 35% of the project's cost and perhaps more important, you'll be able to monitor the quality of materials and workmanship, fine-tune the design, and make sure the result meets your needs. The best part is you can do this part-time without picking up a hammer. This all sounds great, what is the catch? There really is none, except you must know what you are doing! This groundbreaking and exhaustively researched new book will provide everything you need to know to get your house or renovation completed the way you want it while saving thousands. Since your success depends on thorough preparation as well as an ability to hire and schedule subcontractors, control costs, keep work moving, and stay calm we have charted the course for you to avoid costly even illegal mistakes. In this easy to read, comprehensive new book you will learn step-by-step procedures for subcontracting and building your home or renovating while still working full time. You will learn how to choose a site, draw up construction time line and flow charts, apply for construction loans and financing, obtain essential insurance information, buy inexpensive plans, find and negotiate with sub contractors, and comply with building code, inspection, and permit requirements. Now you can be armed with the right information and save money and time. The ins and outs of self contracting are explained, combined with the experiences of others, and with dozens of forms and checklists at hand, you will learn all about: building materials and foundations, floors, walls, paint, windows, decks, garage doors, roofing, flashings, chimneys, plumbing: piping, fixtures, faucets, water heating and fuel storage systems, pools and equipment, wiring: main service panels, conductors, switches, receptacles, heating, air conditioning and heat pumps, ceilings, floors, railings, doors and windows, attics, walls, kitchens, and bathrooms. In addition you will gain valuable information about: septic systems, wells, water quality testing, mold, radon testing, asbestos, termites, carbon monoxide testing, and lead testing. Included in this book are hundreds of easy-to-implement tools, contracts, forms, and checklists to help you get your project organized, and easier to manage while saving thousands! Expertly organized, this unique book takes you step-by-step through the many valuable forms contained in this work which may be easily printed out and customized from the companion CD-ROM....