Udemy Real Estate Development ((better)) Jun 2026

3.1 Introduction to development pro formas 3.2 Key metrics: IRR, equity multiple, profit margin, return on cost 3.3 Hard costs (construction) vs soft costs (permits, design, legal) 3.4 Building a development budget in Excel (template included) 3.5 Sensitivity analysis: what if construction costs rise 15%? 3.6 Case study: 20-unit townhouse pro forma walkthrough

9.1 For-sale product: pre-sales, deposit structures, C of O 9.2 For-rent product: lease-up projections, property management 9.3 Exit strategies: sell to institutional buyer, refinance & hold, condo conversion 9.4 Marketing to brokers and end users 9.5 Case study: Sell to a REIT vs. stabilize & refinance udemy real estate development