How to Get Started in Real Estate Development

Ever wanted to get started in development but not sure where to start? then this episode is for you!This week’s podcast guest is Ali Nazarian, Founder of EcoLux Developments shares his story of how he went from an engineer with a fascination with construction and home building all the way to becoming a Real Estate Developer. You can expect insights into what strategy he first used to get started, the timeline uncertainty you will face, and how to budget initially before jumping in. Ali began his journey in 2016, when he purchased his first property in Richmond Hill, Ontario. Within the first year, he embarked on his first development project which is when his company EcoLux Developments was founded in 2017. In this episode, you will learn about: A strategy you can implement to gain your first development project Steps to take once you have acquired your piece of land Costs to consider for real estate development The type of diligence that needs to be done How to budget efficiently for a project Get in touch with Ali Nazarian: Facebook: https://www.facebook.com/EcoLuxDevelopments/ Instagram: www.instagram/ecoluxdevelopements Website: https://ecoluxdevelopments.com/ Email: [email protected]   This episode has been brought to you in part by; Andrew Choubeta of  Caveat LLP Wyse Construction Wyse Construction Mid Term Rentals Property Management midtermrentalproperties Dalia Barsoum of Streetwise Mortgages   The post How to Get Started in Real Estate Development first appeared on Sarah Larbi Developments.