The real estate industry is incredibly harsh and unforgiving. Yet, with all the risk involved, the real estate industry also has very high profit potential. This makes it highly attractive for budding entrepreneurs. A real estate entrepreneur is a person who leads the acquisition of a real estate property, and then sells it at a profit. Experience is everything in this field. With the passage of time, real estate entrepreneurs are able to identify short and long term opportunities. However, the market is extremely volatile, with prices going up and down rapidly. For investors with a high risk tolerance, this is a highly attractive option. However, a prudent investor will only work with an experienced real estate entrepreneur. This gives them a greater chance of generating profits on their investments.
TORONTO, ON – APRIL 20: The CN Tower can be seem amongst condo building in Toronto. (Carlos Osorio/Toronto Star via Getty Images)
For a budding real estate entrepreneur, Alon Solomon is perhaps the best role model to follow. With a Master’s in Law and Business Administration, Alon has used his skills and education to become successful in the real estate market. When the real estate market crashed in 2007, many real estate entrepreneurs decided to close shop. Several large companies and agencies were delisted too. During this time, Alon finalized the acquisition of several projects, both commercial and residential. Most of these were multimillion dollar development projects that had been declared bankrupt.
When the crisis ended in 2012, Alon’s investments began to bear fruit. He sold off most his acquisitions at a sizable profit by the end of 2012. His experience and insight in to the real estate market led him to become a Senior Partner at ELPIS Capital Group. Alon will help the company identify opportunities for investment in the real estate market. His achievements have made him somewhat of a legend in the real estate industry, and his induction as Senior Partner will surely be welcome news for the shareholders.