The 7 "JumpSteps" of Residential
Real Estate Development
Jumpstart uses a collaborative approach to real estate development, emphasizing the sharing of resources and information, because we can do more together than we can do alone. Here are the seven Jumpsteps we incorporate:
Jumpstep 1:
Development Strategy & Team
Explore why it’s wise to invest in a given neighborhood. Assess risk and rewards. Become aware of your expectations. Determine the best strategy for you.
Jumpstep 2:
Source A Property
Where and how to find properties, and what you need to know about an Agreement of Sale.
Jumpstep 3:
Do Your Due Diligence
Consider all possible strengths, weaknesses, and liabilities. Find out the zoning classification. Develop a list of “comps.” Determine financial feasibility.
Jumpstep 4:
Find Your Financing
Identify funding sources. Secure a loan. Use a long-term real estate investment strategy for “buy and holds.”
Jumpstep 5:
Develop Design & Procuring Permits
Learn about creating a scope of work and construction budget; and Clearwater’s governmental departments and how they work with developers.
Jumpstep 6:
Customize Construction
Actively manage the construction process. Work with contractors. Troubleshooting: when everything goes wrong.
Jumpstep 7:
Lease/Manage/Sell Your Property
Market to lease your property. Market to sell. Lease to tenants. Retain tenants: Keep them happy and the cash flowing.
ADVISORY COMMITTEE
Jumpstart Clearwater would not be made possible without the help of our Advisory Committee
The Jumpstart Clearwater Advisory Committee serves to guide our program bringing a broad base of knowledge, experience and diversity to the table. A dedicated group of community leaders, investors, developers, and nonprofit leaders, our Advisory Committee helped launch and shape Jumpstart Clearwater and we are grateful for their time, talent, energy and commitment.
CEO & Founder
Sarah Davis
Jumpstart Clearwater / Haven of Hope United
President & ceo
Frank Cornier
Tampa Bay Neighborhood Housing
Planning DIRECTOR
Muhammad Abdur-Rahim
Clearwater Urban Leadership Coalition
Director
Angie Williamson
Philly Office Retail
CEO & Founder
Maurice Davis
Davis Property Partners LLC
CEO FOUNDER
Gloria Campbell
Clearwater Urban Leadership Coalition