How to Get Started in Real Estate Development

by | Oct 28, 2022 | Podcast, Real Estate, Real Estate Investing | 0 comments

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: info@ecoluxdevelpments.com

 

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

To get in touch with Sarah to book her as a speaker or
ask more about real estate investing