Real Estate Development: An Efficient Option in Property Management

By William Fischer

Do you own numerous real properties? Are these properties bring in money? Are these properties idle? If yes, read on and know the ways of using these properties to make money and to bring revenue to owners like you.

During recession, it is difficult for everyone to earn money. Idle or unused properties should be utilized efficiently and bring in money, than paying taxes yearly for these properties and without bringing in revenue.

If you decide to develop your property into something that brings profit, then consider real estate development. However, before you decide what type of development you want to pursue, you should conduct feasibility studies and assess its suitability to your goals and its sustainability to the environment. Some say real estate development is one way of becoming wealthy, but they are wrong because some property developers lost as much as they gained. Success is sure if you know how to manage risks associated with the business and know how to timely promote your product.

You should be careful and cautious in the said business because unlike small-scale real estate development that only involves purchasing homes, refurbishing properties or reselling homes, large-scale real estate development involves billions or millions of dollars worth of investment.

Becoming a real estate developer is a complex procedure because you have to consider the type of business that you want to open. Do you like to have a partnership or Limited Liability Company? Or Corporation?

You also need to consider its category. Do you want to concentrate on land development or building development. Continue Reading

Posted in Real Estate DevelopmentComments Off

Joint Ventures In Real Estate Development; So How Do They Work?

By Colm Dillon

There are many reasons why you would consider joining with another person to undertake a development project in Joint Venture.

Usually the most basis reason reveolves around something you don’t have.

Some of them may be:

1. I own land … have capital & capacity to borrow … but no experience.

2. I have capital & capacity to borrow … partner has land … both have no experience.

3. I am ‘time poor’ … work full time and can’t be personally involved … Continue Reading

Posted in Real Estate DevelopmentComments Off

Residential Real Estate Development – Keys to Success

By Cynthia Lyle

Developing prime residential real estate takes research and planning. The first step in the development process is finding attractive property. The development group needs to select property that has unique natural amenities, or contains a specific terrain, this is beneficial and adds to the overall theme that a development group is establishing. Pivotal’s knowledge and experience in property selection has been proven by their development in the western region of the United States. Pivotal pinpoints growing areas around the US and begins planning residential developments. Finding lucrative property within these areas allows Pivotal to develop master planned communities that meet the high expectations of their residents. Pivotal has been successful developing residential areas in both downtown and suburban locations. The specific location of the property is not as important as what the property offers residents. There are many categories within the property that have to provide a balance making the property an ideal development opportunity.

Finding the ideal property and combining it with a pristine home builder facilitates Pivotal to provide attractive homes located on beautiful property. Pivotal has teamed up with award winning builders from all over the country to design and build homes within their master communities. Utilizing the expert construction knowledge of the builders along with the ingenious design of the architects allows Pivotal to create luxurious homes within their master communities. The builders who are contracted by Pivotal understand the high expectations that Pivotal demands, and the high quality product that Pivotal provides to its residents. Pinnacle Peak Place is a master planned community that Pivotal developed in Scottsdale, Arizona. Pivotal teamed up with Geoffrey H. Edmunds and Associates to design and construct the homes within the community. This partnership resulted in beautiful custom homes ranging from $1.5-3 million dollars. These types of results are what Pivotal uses to attract investors from all over the United States. The relationships with builders that Pivotal establishes and maintains allow them to replicate these results.

Adding legendary facilities completes the residential real estate development. Many of Pivotal’s master planned communities have spas and other retail sites located within them. These amenities add to the convenience that residential real estate developers are looking to provide for their residents. Signature golf courses and first class fitness facilities help complete the development process. Pivotal has teamed up with the best golf course designers in America to offer their residents a unique golfing experience. Jack Nicklaus designed the 18 hole championship course that Pivotal I built in their Cimarron Hills community. This kind of expert knowledge shows residents that they are receiving the best quality when they move into communities that Pivotal has developed.

Pivotal has helped transform residential real estate development from home building into community design. Pivotal developed communities are planned and designed taking into consideration the needs and expectations of potential residents. This allows the architects and designers the freedom to create master communities.

For more information about real estate investment and real estate development in Phoenix and other areas of the country, please visit PivotalGroup.com.

Continue Reading

Posted in Real Estate DevelopmentComments Off

Page 20 of 30« First...10...1819202122...30...Last »