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Secrets of a Millionaire Real Estate Developer Paperback – 1 Dec 2004

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Real estate development is one of the great opportunities for building substantial wealth. Developer, broker, landlord, investor, and teacher Mark B. Weiss, CCIM, offers proven strategies using his step-by-step process to achieve success, which is outlined in "Secrets of a Millionaire Real Estate Developer". If real estate development calls to mind images of Donald Trump, gleaming office towers, or imposing industrial facilities, real estate investors must realize that's only part of the picture. Opportunities to develop real estate begin on a local scale, from single-family home renovations to small apartment buildings to small commercial or retail projects, before moving to larger, more complex properties. "Secrets of a Millionaire Real Estate Developer" outlines what to do and how to do it at each stage of a development project, including making decisions as the team leader and understanding the numbers. This book unravels the complexities, such as dealing with bureaucracy, financing, negotiation, taxation and zoning.

This is a practical guide which clarifies the process for those new to the business, while providing advanced strategies, reference sources, and motivations for those with some experience. Weiss shares his detailed technical knowledge to help readers: determine if this is the right opportunity; build diverse teams of reliable experts to get any job accomplished; renovate for fast re-sale, or for long-term profit; read and write a contract; work with state, local, and federal governments. Those considering a career change, landlords and investors looking to ratchet up results, real estate professionals ready to add a profit center, part-timers, and even established developers will find authoritative, real-world insights (including the author's "Success Secrets" not available anywhere else) to become a master real estate developer.

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Although I've never counted myself among the wisest of men, I know I am doing a good job of getting what I want out of life. Read the first page
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Most Helpful Customer Reviews on (beta) 12 reviews
10 of 10 people found the following review helpful
I found this book helpful 25 Feb. 2005
By dp35 - Published on
Format: Paperback
I just finished this book, and enjoyed reading it. Its written in simple enough english that its very easy to follow. As a person who works in the real estate industry, I didn't learn as much from this book as some might. But what I did learn will help me. This book is best for someone who isn't starting from scratch, which I really liked. Its nice to read a book that's based on reality, rather than the typical "earn millions without investing any of your own money...". The author's examples are all based on his own experiences, most of which turned out very well. I'll loan my copy to friends, which is a good endorsement of this book.
11 of 12 people found the following review helpful
This is a MUST NEED for a beginning developer. 27 Feb. 2005
By Jason Voytek - Published on
Format: Paperback
This is a MUST NEED for a beginning developer. - Mark Weiss covers a broad range excellent very detailed view across all the areas you need to cover prior to doing your first development. His views provide you with his tips and lessons learned over the year's hands on as a millionaire real estate developer, successful secrets of the business, and what to look out for. Excellent book and I will be waiting to read his others as they come available.
9 of 11 people found the following review helpful
Solid Information, Good Examples, Well Organized 20 Dec. 2004
By Adam K. Larner - Published on
Format: Paperback
In the spirit of learning, I must always find a way to visualize a process so that the lesson can be applied to the specifics of my life. In Mr. Weiss' "secrets...", I find that the great number of specific examples paint a portrait of the pitfalls and windfalls stemming from real estate development. In turn, I am able to picture my personal vision in relation to Mr. Weiss' and find a medium that fits my own goals.

The book is easy to read in its conversational tone. Explanations are thorough and the overall tone bleeds reality as opposed to the false tone of a get rich quick scam.

The book starts with the basics, which is extremely important in a field with such a wide range of variables and impacts. This book is helpful to a range of individuals involved in development from contractor to owner.

I recommend this book strongly for anyone interested in the prospects that real estate development offers.
7 of 8 people found the following review helpful
Get the book from a library 12 Dec. 2005
By Bookworm - Published on
Format: Paperback
If you're a novice you'll learn something from this book. Book contains a lot of general information in the abstract, but little if any nuts and bolts on the specific details of financing and putting together deals. Obtain the book from a library rather than spending your money.
12 of 16 people found the following review helpful
Finally, a NON-Carleton Sheets feel to development... 25 Jan. 2005
By Shannon J. Ludlow - Published on
Format: Paperback
As a real estate developer I can really relate to a lot of the information. Too many books these days have that cheap, "Carleton Sheets" feel to them. Just read, you'll see. Unclear chapters, constant suggestions to semeinars and CD's or cassettes. Well, this book is no none sense.

I can tell you though, if you are just starting out, and have no real estate knowledge what so ever, GOOD Luck! Real estate development is an artform. It requires tremendous risk, which the author acknowledges, but it also has tremdous rewards.

This book should be more geared to those currently in real estate development. Its better to be running with the big dogs, then sitting on the lawn barking!
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