There is a question often asked:
What is actually the difference between Real Estate Developer and Real Estate Investor?
Starting a career in real estate property is actually not a difficult thing to do. However, the hardest part is choosing which path to go with. They understand that real estate investment and real estate development are two completely different things. Therefore, it is important to get an in depth look at every way to help you decide which real estate career is best for you. Prior to going into the details, the common or same goal these two investment strategies have are: making money in real estate. So, really, it's not a matter of learning how to make money in real estate. Rather, it is a matter of choosing the strategy that fits more with your prospect to make money. So, here are the main differences between the two career paths of these two investment strategies :
What is a Real Estate Developer ?
Real estate developer is a person buying land and building a property on it. Or, it could be someone buying a property that is in a very distressed condition and needs major reforms. He / she then applies these renovations and sells the property to a real estate investor. This could be the easiest way to explain what a real estate developer is. Basically, they develop a property not from zero.
What does a Real Estate Developer do ?
In short, a real estate developer handles the Agen Poker project all the way from the beginning to the end. In other words, he / she is responsible for planning, designing project, financing the project, and bringing in a team of collaborators who will run the plan. Therefore, if you are buying raw land and development of a building / project or buying distressed property, the work of the real estate developer is to manage the project from ground zero all the way to the end in order to get a share of the profit.
Read More : Types of Real Estate Investors Part 1
There are some fields that are available for real estate developers. The most common are real estate development residential and commercial real estate development. Both are, of course, according to Agen Poker Terpercaya, very rewarding financial concerns. However, becoming a commercial real estate developer requires more resources than to become a residential real estate developer. The reason behind this is because the commercial development has more risks to it, therefore making it even more rewarding. However, careful planning to figure out what the best course matches your goals is needed.
What is a Real Estate Investor ?
A real estate investor, however, is buying the property already established. Of course, that's after evaluating the property market in order to choose which property is best for the money it generates.
What does a Real Estate Investor do ?
A real estate investor is buying the property from the Agen Poker Online developer. Therefore, in most cases, the investor buys in a condition that allows immediate investment. He / she is responsible for managing the property in a way that generates revenue. Actually, the way of real estate investment starts from a property developer and ends in the hands of a real estate investor.
Tags : Real Estate, Developers, Investors, Properties, Investment