In our country, we can find different real estate projects
whose purpose is to provide services and comfort to its residents, regularly
known as real estate developments. If you are interested in these projects, here, real estate developer Jack Bistricer will explain what they are about
and what are the benefits that investing in one can bring you.
As the Chairman and CEO at Talisker Corporation, a company
that provides real estate development, construction, leasing, and management
services, Jack Bistricer has extensive experience in the real estate
development sector.
What is a real estate development?
In brief, property development is the purchase of real
estate (property or land) with the intention of adding value by renovating,
refurbishing and/or extending to generate a positive return on investment. It
really is that simple. However, getting it right isn’t always quite as
straightforward.
For the progress of this class of projects, it is necessary
to select from a land to build, obtain legal permits, have plans approved by
the corresponding authorities, obtain and prepare the materials, even develop a
previous 3D model for future investors interested in them.
One of the best options on the market
In the United States, there has been a growing trend in the
construction of real estate developments as they offer multifunctional spaces,
luxury amenities, an excellent location, proximity to various services and all
at an attractive price for you as a client.
An extremely practical solution considering that, thanks to
the current situation in the world, a large part of the population is studying
or working remotely, always considering your well-being, comfort and
functionality.
Although there are numerous potential financial gains to
developing property, it is also important to understand the possible risks
involved for inexperienced or first-time developers. Here Jack Bistricer
explores the pros and cons of property development whilst highlighting the advantages
of working with an experienced development company.
High return on investment
The biggest advantage of property development is the
potential to generate significant return on your investment. However,
identifying a property development opportunity that is likely to deliver the
desired level of return can be extremely challenging, especially for first-time
developers.
Jack Bistricer and his company Talisker specialize in
sourcing real estate opportunities in unique locations, transforming them into
high quality homes to achieve maximum financial return.
Greater stability
Over time, property has proven to be a more stable
investment when compared to other investment options. Despite it’s up and
downs, the property market as a whole tends to be a lot less volatile than
other markets, such as the stock market.
Jack Bistricer offers investors a unique opportunity to take
advantage of the team’s skills and experience and to invest into their choice
of development projects, generating potentially significant returns on their
investments.
