Please join us for our next VIRTUAL Kickstart Session!
Mastering Budgets and Draw Requests: Best Practices for Real Estate Developers
Join us for our next Kickstart Session focusing on project budgets and understanding draw requests. Navigating the financial landscape of real estate development can be complex, especially when it comes to managing budgets and submitting draw requests. Dawn Momot will provide a live demonstration of how to effectively manage a budget, step by step, and attendees will have the opportunity to ask questions and follow along with practical examples.
In this Kickstart Session, you will learn:
· How to build your budget
· Understanding the draw request process
· Layering draw requests to your budget
· How to keep track of your budget
· Avoiding common issues in budget management
Whether you are a new or experienced developer, this session will provide actionable insights and tools to ensure your projects stay on track financially.
ABOUT JUMPSTART WILMINGTON
Jumpstart Wilmington was launched to help Wilmington residents to become developers of their own neighborhood through quality, community-focused real estate development training and financing options. Our program is modeled after the original
Jumpstart Germantown Program, which was created by Ken Weinstein to facilitate the revitalization of the Germantown neighborhood of Philadelphia through high quality residential renovations.
Increased local developer capacity in Wilmington is the key to scaling development activity and revitalizing communities more rapidly. We see residents of Wilmington communities as the best resource for neighborhood revitalization, as many have potential to effect positive change in their neighborhoods. Jumpstart Wilmington can provide aspiring developers who live in Wilmington communities with the skills, knowledge, and support they need to rehabilitate key properties, one at a time. In the absence of established real estate developers willing to invest in smaller scale projects, this program will cultivate a force of new local developers who currently reside in Wilmington or have a commitment to improving Wilmington neighborhoods.
Please click
here to join our Jumpstart Wilmington Facebook Group.
