Investing in Real Estate Development
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Who Are First-Time Developers?
I talked about “rookie developers” in another post, and I guess I should apologize. I did not mean it in a disrespectful way. Here is a more serious definition of what I mean by “first-time developers.” First time real estate developers are a diverse group of people who share a common goal: to create value…
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Rookie Developers vs. The Real Estate Jungle
First time developers are facing several serious problems on the road to getting their first project built. In summary, first-time developers encounter a trifecta of challenges: financial limitations, a lack of experience and track record, and a limited professional network. Overcoming these hurdles often requires creative financing solutions, mentorship or partnerships with experienced developers, and…
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Investing in First-Time Real Estate Developers: A Risky Adventure with a Side of LOLs
Investing in real estate can sometimes feel like navigating a labyrinth blindfolded, but what if we add a twist to the plot? Imagine doing that blindfolded dance with a first-time real estate developer. It’s like stepping into a mystery novel where the author is just as new to writing as you are to investing. So,…
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GIS Companies Reel
This has been published before but it’s hard not to share again.
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Construction Risks: Avoid Getting Nailed
Why did the construction project break up with its spreadsheet? Because it couldn’t handle all the “con-crete” commitments and “steel-y” deadlines! Listen, construction is a sh*t show, no matter how well it is run. I was once carrying a box out of our job site when a worker unfamiliar to me walked by. I said,…
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Business Ninjas Podcast
This was a fun experience being interviewed for Business Ninjas podcast. We talked about GIS’s business model, what we do, and how I got started in business and joined my father at GIS. Take a listen and subscribe to Business Ninjas. They can also help you with content creation and marketing. The podcast is available…
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Podcast: Massive Opportunities Within the Real Estate
I had another engaging podcast interview at “Agents Building Cashflow with Randal McLeaird.” We touched on many issues and opportunities in the real estate industry. We covered a typical GIS partnership model. Listen to this episode to learn more about the industry and a deal’s life cycle to successfully test the waters as a…
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I Know Enough to be Dangerous, but I Don’t Know Enough
I liked computers. I was okay in math but hated “busy work.” I was pretty good in algebra and geometry but not very proficient in math analysis and calculus. In college, I decided that I would major in computer science. Luckily for me, the University of Washington had a pretty competitive CS program that had a long list of prerequisites. They included three levels of calculus…
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About This Site
My name is Eugene Gershman. I have been a real estate developer and builder at GIS Companies since 2004. Aside from a few newspaper articles (okay, maybe more than a few) or short LinkedIn posts, this is my first time publicly embarrassing myself. I describe myself as a real estate developer, builder, and entrepreneur, but I recently realized that I spend the bulk of my time fundraising. I…