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- A Master of One: Learning Property Development and Getting Better
There are lots of careers that are successful enough to make a living out of. Some choose to go into the medical profession; others choose to design for a living. Others still would love to design buildings, but then some want to sell buildings.
If you choose this path, know that there are a lot of things you’re going to have to cover.
Get a business-related degree. Most people who go into businesses dealing with a lot of money have finished money-related courses. If you want to become a developer, you’d have to have studied finance or business in some capacity. You can enroll into some short courses but, eventually, you’re going to have to learn the intricacies of it.
Get real-life experience. Experience is the best teacher. The best way to get started is to get into a career related to property development. Selling real estate or becoming an agent is a great way to get started on that path.
Talk someone into becoming your mentor. Another way to learn how to be a successful developer is to talk with people who deal with property management on a daily basis. If you have friends who are in this field, don’t hesitate to ask them or seek advice.
Study the trade. If you can only have one of either a mentor or real-life experience, it’s still best to learn the trade through education. The Web has a wide collection of writing on the subject. Don’t be too lazy to read up.
Take care of legalities. As with any business, you should take care of creating a legal name for yourself as early as you can. Creating this ensures that your business is legitimate.
Being a property developer is no joke. If your business flops, it’s going to cost you BIG money. It’s best to learn as much as you can out of this career first before going deeper into it.