As part of LPCCD’s efforts to transform our neighborhood, block by block, we are offering hands-on training in the fundamentals of real estate development and business planning for entrepreneurial individuals with various levels of building renovation, rehabilitation and/or new construction experience.
We’re seeking people who want to help rebuild and strengthen Lincoln Park’s small-scale buildings (1-3 stories, work done with small crews by hand without major equipment) house by house and block by block. People who want to build a business, improve the neighborhood, generate income, and build local wealth.
This 11-week course is for people at various levels of experience—whether you want to be on a construction crew helping to rehab or build small-scale projects, have “side hustle” projects renovating and rehabbing a duplex, or want to become a full-time small developer with a number of projects.
Some of the topics we will cover include:
- Planning and management basics for your own business as a sole proprietor or small company
- Roles you can play in small-scale development and how to grow your current practice
- How your projects can build on the design principles of the traditional neighborhood
- Using a development budget to assess potential projects and rates of return
- What’s needed to obtain bank financing
- How to navigate local rules, regulations and requirements
Participants will learn through self-paced video study sessions (about 30-90 minutes each week) alternated with full-group Zoom calls for live presentations, discussion and Q&A.
You will need access to a computer, Zoom app, and cell phone to occasionally take and email photos.