All investments, including real estate investments, come with inherent risks that may involve asset depreciation, financial losses, or legal ramifications. The information presented in this article is for educational, informational, and referential purposes only. Consult a licensed real estate or financial professional before making legal or financial commitments. 

Becoming a real estate developer usually requires some experience in a real-estate-related field. Here are some tips on becoming a real estate developer.

1. Use your knowledge to find your space in the market: When you’re starting in this field, you want to establish your expertise in one area. You can concentrate on one type of real estate (either commercial or residential projects) or even one step in the real estate development process, like renovations to existing buildings or property management. Consider your relationships and knowledge within the field, and choose a concentration in which you’ll be able to excel.

2. Study up on real estate regulations: Real estate professionals need to learn the long list of state and local regulations and rules for buildings to be proficient in their jobs. These can include zoning requirements from the local government or national environmental codes. Knowing these rules can prevent you from wasting time on a property that is not viable. It also means maintaining your buildings to the latest safety codes.

3. Collaborate with people you trust: Real estate development is a highly collaborative process that requires people to work together across many different disciplines. From the attorneys you work with to structure your business to the architects designing your buildings, a well-rounded real estate development team will include other reliable professionals that can help in each step of the property development process.

4. Work with real estate investors: Real estate development requires a significant capital investment to purchase beneficial properties. More likely than not, most real estate developers will not be able to finance a project alone, so you will need to find investors. Build a portfolio of successful past real estate projects and network as much as possible.

5. Research the real estate market: Know the demographics of any established or up-and-coming areas you might be interested in. For instance, if you’re building in an area full of retirees looking to downsize, you’d probably want to purchase land to develop small single-family homes rather than townhouses or condos, which are better for young families.

One person who has followed all these steps and is now at a good place in his real estate career is Alexandre Mansour. He has reached success in many projects through his dedication and passion, and most importantly, with good intentions to do good for others, Mansour has been moving upward on the ladder of success.

Academically Mansour has completed MBA in International business & finance / MBA in management & entrepreneurship. Since he has a background in entrepreneurship and real estate knowledge, it gives him an upper hand and can be used as a pro when dealing with clients.

Mansour had a unique international background, and education comes from the experience of having clients across the globe and dealing with them so often that it becomes your identity for that work, and having a completely different educational background that gives a positive impact on your business makes your career successful and impactful.