3 Reasons Why Real Estate Development is a Bad Idea

In the fast-paced world of real estate investing, real estate development has been touted as the golden ticket to substantial profits. However, beneath the promises of lucrative returns, real estate development has been laden with challenges and pitfalls. For some, it has been a dream come true, for others, a nightmare. In this video, you’ll discover 3 reasons why real estate development is a bad idea and what you should do instead. Learn more here: https://propadvsr.com/3-reasons-bad-idea

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0:00 Intro
0:40 What is Real Estate Development
1:11 Why Real Estate Development is a Bad Idea for Beginners
2:57 Reason #1: Financial Risks
5:03 Example: Candlestick Park Development Project
6:45 Reason #2: Regulatory and Legal Hurdles
7:42 Example: Sal's Downtown Mixed Use Development Project
11:01 Reason #3: Market Volatility and Uncertainty
13:30 What You Should Do Instead
13:49 Example: Success with Existing Property
14:59 Benefits of Buying Existing Property