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When you have established your goal, the next step is to assemble a group willing to collaborate and back you up in this new enterprise. In this regard, employing the services of a lawyer, assessor, accountant, and real estate agent can prove extremely beneficial over time. 

How Do I Begin Real Estate Development?

Real Estate Development - Partner

Michael Stortini

Michael Stortini has established himself as a leading real estate developer in Delaware and beyond. His projects have provided space for businesses and residents alike, improving local infrastructure and providing opportunities for countless individuals.

Michael Stortini | Real Estate Development

According to Michael Stortini, Real estate development improves land or properties to increase their value and marketability. It is a profitable business, but it is also a complex one that necessitates careful planning and a thorough understanding of the market. If you want to pursue a career in real estate development, here are some steps you can take to get started.

Started in Real Estate Development: Beginner's

Residential, commercial, industrial, and infrastructure construction are the four major forms of construction.

 What Are the Four Construction Types?

Although they are often more expensive than homes, these properties have the potential to increase in value over time and produce sizeable rental income. The initial outlay for investing in commercial real estate is more, but the potential long-term returns are higher.

What kind of property is the most lucrative?

There are many different forms of real estate, but rental properties continue to gain in popularity. They are among the most lucrative forms of investment because they can generate a constant income while allowing investors to take as much or as little part as they desire.

Which type of property is the most lucrative?

Michael Stortini recognizes that real estate development can significantly impact communities and that it is essential to consider residents' needs and minimize disruptions. He advises that a thoughtful approach is critical to maximizing the positive impact on the community.

In addition to his business ventures, Stortini is also actively involved in philanthropic causes, having donated over a million dollars to various charitable organizations, notably to support high school sports teams. He believes that sports, like real estate development, require discipline, teamwork, and the ability to think strategically.

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