What Was Your First Development Deal Like?
Hey WSO Community,
I’m curious to hear about your experiences with your first real estate development deals.
• What kind of project did you develop (residential, commercial, mixed-use, etc.)?
• How did you find the deal? Was it through networking, a broker, or some other avenue?
• How did you raise equity for the project? Did you use your own funds, partner with investors, or secure financing another way?
• What were the biggest challenges you faced, and how did you overcome them?
• How did the deal turn out in the end? Any unexpected surprises (good or bad)?
• Looking back, what would you have done differently?
I’m in the early stages of my career in real estate development and would really appreciate any insights or advice from those who’ve been through it.
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