What is the best way to attract a developer to a property you are trying to sell?

I own a 4-plex with a friend of mine in Minnesota, in an area that is still in “transition”, but is starting to be developed. We don’t live in Minnesota, and have had a LOT of challenges keeping the property going, due to excessive inspections (lead based paint, fire, etc.), problems with tenants, etc. If we sold the property outright, right now, we would not be able to recoup our losses. We would like to attract a developer to the property, which is slated for redevelopment which has already begun, in order to be able to break even on our “investment”. We have lots of ideas ourselves for what a developer could do. Should we start our own website for the property, and then place an ad in the local finance and commerce magazine, to attract developers? Would it help to share our ideas with developers? The county and city were going to send out a joint “request for proposal” to developers for the property on either side of us, but have decided to wait.

By: Velveeta

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How does one become a real estate developer?

Is there any one way to do it? Do you just have to have a well paying job and just go from there? Can you major in something like Real Estate Developing or Land Development or something along those lines? I’m interested in becoming a developer for cities and such, but I’m not sure if this is realistic, and how one goes about becoming a developer. Thanks!

By: RestlessWarrior

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It is my dream to become a property developer full time and want to start with a close friend where do i begin?

Craig asked:


It is my dream to become a property developer full time and want to start with a close friend where do i begin?

I was thinking of buying to rent at first but just dont have a clue where to start.

Thanks for your help

How much of a role can a real estate developer play in creating a school system?


What if a real estate developer wanted to help reform the education system?Submited by:Support HR 1207

How much can you negotiate with the developer K. Hovnanian Homes when purchasing a condo that is being built?

Dave asked:


I have found a condo priced at $372,000 and although this is not my first home is would be the first home that I purchase before the project is complete and it is the first time that I buy directly from a developer. They make is seem as if though the asking price is final. Is it normal to make offers below the asking price when dealing with large developers such as this one or to negotiate other options and upgrades?

How do I start becoming a developer?

Xenu.Net asked:


I want to become a real estate developer in the future…how do I start w/out being a broker or an agent?

I know it might take years but where do I even begin?
@John Galt

I want to concentrate on building businesses so I have no time to “work for someone” in real estate.

Is there another way?
@wizjip

@John Galt

I want to concentrate on building businesses so I have no time to “work for someone” in real estate.

Is there another way?
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What is the best software to use for an estate management company of privately owned homes?

Hello! I am starting an estate management service in an upscale ocean-front part of the country. Would anyone happen to know a great software program that would keep track of clients and their needs, but without the extras in other property management programs, such as rents, units, leases, etc?

In addition, any sage advice on this industry would be great! I am still trying to set pricing, services, etc., as the possibilities seem to be endless.

Thanks so much!

By: east end

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