How to Become a Real Estate Developer (Simple Steps)

Рет қаралды 72,453

Күн бұрын

Пікірлер: 72

@RehabValuator 9 ай бұрын

As someone who builds buildings just like this, everything Dirk said here was totally on point: how equity raises work, locking in your perm rate at construction loan closing, initial cashflow not being huge but long-term benefits of holding these new assets (higher cashflow, refi opportunities down the road), cost seg is HUGE and has been huge for us - being able to take big chunks of depreciation. The only thing I am skeptical of is 28% expense ratios but maybe if property taxes are low it's possible. Seems a tad low or maybe I am just being jealous.

@kingjay1524 7 ай бұрын

Shoutout to you, people really need to checkout your content especially you are interested in becoming a developer.

@raisetheline 4 ай бұрын

As much as I love this. Man this is not the real world. This is a great guy who fell into a great family business. This doesn’t just happen. So awesome! Cheers!

@JonNathaniel-s5z 4 ай бұрын

Bro. This channel is a joke. Dude basically leveraged pandemic and videos while we are all just catching up to that.

@mrrjm1764 11 ай бұрын

First comment! 🎉 I hope everyone watching this video and reading this comment good luck and success in real estate and any other field they are researching .

@CalebFelixRealtor 10 ай бұрын

Keep coming back to this video and finally finished it. Its inspired me and has given me visions for the future of my career. Thanks Ryan, and Thank you Dirk.

@Cinstl 11 ай бұрын

Great Video. I Absolutely love the Development side of RE. 4 years in, however, Industrial is my favorite. Too many moving targets on luxury apartments/Retirement/assisted living homes.

@MaddMenSport 10 ай бұрын

How did you get started in that field? Did you have a team in place? What did the initial jump look like? If you don’t mind me asking…

@raisetheline 4 ай бұрын

Bump that!!

@OrlandoKWRealty 2 ай бұрын

Great video. I admire a guy who takes his blessings to the next level👍🏻 Bravo

@henrytorresvlogs 11 ай бұрын

I’ve been in real estate development for 10 years 15 in total with construction during the pandemic I was trying to scale

@dannysamman3559 10 ай бұрын

How did it go for you?

@DanieleSicaRealEstate 4 ай бұрын

Riviera Maya you can build 5 floors with rooftop around $2K fully furnished vacation property. Due diligence will help, and there are always many opportunities. It's growing in momentum and many investors buy land as well 3x.

@sucalaminka 4 ай бұрын

2000 dollars ? i think you mean at least 200k

@JdhMT92 15 күн бұрын

Great info for people who already come from money, connections, etc. not to talk away from this kids knowledge or hard work. As a consultant to developers on big and small projects. This the nepo type scenario my clients scoff at.

@jatehmajor4073 2 ай бұрын

Just closed on loan for development of my first 12 unit ground up construction. Any other videos on KZbin folks can recommend would be helpful!

@stepanabramov9628 Ай бұрын

would love to connect. Building a Sfh

@jatehmajor4073 Ай бұрын

@@stepanabramov9628 I’m not very familiar with KZbin but if you find a way to message me we can schedule a call

@Mardasham 5 ай бұрын

I’m flipping currently and I wanted to build next but this just inspired the hell out of me to do more and not be afraid !!!

@RehabValuator 9 ай бұрын

Great interview guys!

@RyanPineda 9 ай бұрын

Glad you enjoyed it!

@donnyjluna 11 ай бұрын

Interesting. I have seen you at the Cash Equity vip party in Dallas. I handle similar deals like that, with the wholesale concept and structure.

@omerkhan1234 7 ай бұрын

Teach me

@christredre5963 9 ай бұрын

Does Dirk have a course or group?

@sleepnabox 6 ай бұрын

Good vibes lol. Great insight and discussion.

@customhomebuilder 10 ай бұрын

Always, always...get entitlements before closing

@ZBREHoldings 2 ай бұрын

Good now bring his dad to the channel since he did all the work

@Rudraaisback 11 ай бұрын

The way they say normal is like in the end of the curve where as everyone is at the start or middle. Less than 1% are even close to after middle. 😶

@danonly7 10 ай бұрын

Very interesting, I live in bend. I've worked in tetherow

@Buckaroo801 3 ай бұрын

Dirk is a freaking animal…especially at his age.

@henrytorresvlogs 11 ай бұрын

I took a hit during Covid with the material boom I was building 3 custom homes and I had 3 flips I had to get rid of the flips and made nothing on the builds prices hit 3 times what they were example lumber package was 75k on a project when Covid hit it cost 125k

@algroulx1774 10 ай бұрын

flipping properties is a terrible business.

@Dertheus 10 ай бұрын

why? @@algroulx1774

@marcelocavero9 7 ай бұрын

@@algroulx1774 explain. a statement goes nowhere without anything to back your claim

@KT_Nation 11 ай бұрын

Love your videos!

@RyanPineda 11 ай бұрын

Thank you!

@henrytorresvlogs 11 ай бұрын

I have an idea that can turn a home owner into a builder

@RealLifeRodger 2 ай бұрын

Who’s his mother, who’s his father? What are their connections and careers. Nepo is inspiring for other brood facing imposter syndrome. For the rest of us…

@rezatashakori2 11 ай бұрын

In LA hilside jobs apartments my profit is about 100% or more I'm doing a 29m apartment building but the profit is about 19M it takes about 4 years and more hoops to jump into

@maich702 10 ай бұрын

@rezatashakori2 I'm just gettin started in Development and I'd love to pick your brain about the hillside project you did that was featured on Darren Kriz's channel. Amazing work btw! I'd ofc offer value for your time.

@stepanabramov9628 Ай бұрын

would love to connect. Building a Sfh

@Mardasham 5 ай бұрын

Love this!!!!

@alisultani5157 Ай бұрын

very hard to do this if you dont come from a wealthy family

@Therichframe 15 күн бұрын

Not impossible though

@purelyprimecrime 7 ай бұрын

Interested to know if quality care will be provided to the folks staying in the memory care facility? I’d hate for this to be a money grab

@Man-u-flex 2 ай бұрын

Ryan is a likeable guy.

@MoneyPeteClyde 3 ай бұрын

I really would like to become a student of yours I can look at a piece of land and develop it I can get off on a exit and tell u what it needs to make the economy and population grow

@jayman5692 5 ай бұрын

Step one be a Vanderbilt

@Man-u-flex 2 ай бұрын

That explains alot

@conordobbs5586 5 ай бұрын

Ryan you should definitely make your first CRE development an international one. I hear the Bahamas is a great place for American developers to go and come out profitable! 😂😂😂😂😂 Dirk to his credit despite being born into this without having to what many of us others have had to do with having deep pockets from family and built in relationships which is an absolute cheat code in this business he seemed very humble and came across to be fairly well versed in certain areas accept that expense ratio comment...yikes.

@krice24 9 ай бұрын

No way 28-30% expense ratio, guy will loose this place if a tight time comes, should be 40-50%

@InnerCircleScalpHunter 4 ай бұрын

Asheville NC scenic golfing

@DanieleSicaRealEstate 4 ай бұрын

You know already, pay the right people and get fast license to build:)

@MizZzChAvVvOzZz 2 ай бұрын

50k to join. ... To play Golf. Imagine if this was the case for basketball ymca clubs and gym memberships

@markmoore273 10 ай бұрын

Love Cabo but it is way overpriced.

@RyanPineda 10 ай бұрын

I think so too!

@Homeoffersunited 25 күн бұрын

Why is everyone commenting about the fact that he came from a wealthy family, this is the most nonsensical comment you could ever make. I have to say this, if your excuse for why you cannot do it is because you don’t come from a wealthy family…go back to your job and stop watching these videos you will NEVER make it. I don’t like to make comments like this but MAN come on guys and gals. This is a silly way to look at things, you are counting yourself out all ready and doing it in the worst type of way. WHINING…

@franciscocharco2291 6 күн бұрын

exactly , you can tell who really has put in the time and research to know they want to keep pursuing real estate development . this guy just laid out the steps he takes , the same steps we can take . real estate had many forms to make money . if people wanted to they would . and who cares if he comes from money , these people that come from money usually know their shit better than others . so its good to listen, its like picking his fathers brain and his at the same time and seeing the end product or listening to it actually. but same shit