Entrepreneurs Turning to Real Estate Development Joint Ventures as Their New Frontier
REDI Foundation Offers Alternative Educational Approach
BOSTON--(BUSINESS WIRE)--The REDI Foundation is opening up a new frontier to Landowners, Architects, Civil Engineers, Construction Project Managers, Entrepreneurs and Professionals with a unique mentoring/certification program.
“We live in a service economy that’s not very user friendly for visionary individuals. A new frontier needed to open up - where their natural talent and newly learned development skills could be bargained and traded in for a lucrative 10% real estate development sweat equity position”
In an economy where the traditional Real Estate Development Master’s Degree has become too theoretical and expensive, REDI’s revolutionary approach of actual project-based learning and one-one-one Online Mentoring teaches students all the required technical skills but also how to overcome the two biggest obstacles: Development Experience and Capital.
Jodi Doyle, a pharmaceutical representative, shared her father’s dream of developing multifamily housing on his land in Pittsburgh. “My attorney told me to sell the land because I didn’t know how to develop real estate but I wanted to fulfill my Dad’s vision.” After completing REDI’s 6-Month Real Estate Development Mentoring/Certification Program, Jodi Doyle turned the land into a 14-unit development. “As a woman, I’ve had challenges, and many people tried to take advantage of my inexperience. I look at REDI’s Program as more of a hands-on-internship that allowed me to pursue a real-life development. There were some hard knocks along the way. And I learned to trust me, my passion and my mentor, Richard Michael Abraham.”
Tim Wright, a civil engineer, always saw real estate development in his future but didn’t know how to write a sophisticated Market/Feasibility/Joint Venture Study and had no idea how to get into the business without capital. “I have been involved in construction for 15 years. I did not know the technical development skills or how to engage and negotiate with investors. Now, after Mr. Abraham’s tireless one-on-one Mentoring, I am proceeding with a 24-unit condominium development joint venture in San Diego, and joint venture investor partners are fighting to get in. I owe my future and my family’s future to Richard Michael Abraham.”
Every accepted student is required to put together an In Demand, Doable and Feasible Real Estate Development to earn Certification.
“We live in a service economy that’s not very user friendly for visionary individuals. A new frontier needed to open up - where their natural talent and newly learned development skills could be bargained and traded in for a lucrative 10% real estate development sweat equity position,” Richard Michael Abraham added.