Over the span of four decades, Jose Berlanga has started and grown several companies from the ground up. Owning and operating residential construction businesses allowed him to focus on the business side of the industry, as opposed to the construction side-and in this powerful book he shares the insider advice you need to do the same.
Many new home builders get into this industry not knowing exactly what they will encounter and frequently become discouraged, finding it to be different and much more complex than they expected. As it turns out, the business you thought would be all fun and creative becomes more about managing people, money, and schedules. But failing to understand the business side risks burnout or even bankruptcy.
In The Business of Home Building, a book based on real-world experiences, you will learn how to:
- Set up a company with clear operating procedures and a plan for success.
- Find the best people for your team, including real estate professionals and service providers.
- Locate land deals and assess their worthiness for investing.
- Conduct due diligence on civil engineering, structural engineering, permits, legal documents, contracts, and more.
- Create and manage essential budgets for all parts of your project.
- Obtain financing and raise equity capital.
You will also discover how to price properties profitably, avoid mistakes that new home builders often make, and ultimately set yourself up for success with your home-building business. Construction is a powerful economic driver and there are tremendous opportunities for growth. The Business of Home Building is a real-world guide focused on the business side of home building. It will take you through all the essential steps needed to execute your residential real estate development plans profitably and successfully.