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How to Become a Real Estate Developer (Beginners Guide)

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Black Real Estate Dialogue

In this episode, I interview Demetrice Ballenger who is a Real Estate Developer located in Houston, Texas. This is our first ever interview at an active development site where Demetrice is building 84 single family homes.

In total, Demetrice has well over 100 homes being developed which I had an opportunity to see all over the city. In this episode we discuss his journey in real estate development, the growth of Houston and we also did a walk through of the model home. Demetrice's preferred lender, Maurice Tillman also joined us to talk about how these homes can be financed.

*We ran into some technical difficulties with some of the footage, we appreciate your understanding

How to find him:
Demetrice:   / demetriceballenger  
Maurice:   / mortgage_by_maurice  

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Timestamps
00:00 Intro
00:04:11 Real Estate Development Feasibility Studies and Easements
00:09:00 How Much Does It Cost to Buy Land and Build?
00:10:47 Why does Houston have so new builds?
00:15:03 How Real Estate Development Became a FullTime Job
00:18:12 How Much do the Homes Cost?
00:18:44 How can Buyers Finance the Homes?
00:30:18 New Construction Companies: How to Sell Homes
00:40:07 Model Home Tour
00:41:27 Future Real Estate Plans

Some of the links and other products that appear on this video are from companies which I will earn an affiliate commission or referral bonus from. This is at no additional cost to you. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice.

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posted by Gladkovjp