Real estate entrepreneurs invest in real estate and sell the properties for profit on a later date. Real estate is a very attractive avenue for potential entrepreneurs because of capital appreciation in the value of real estate with time coupled with tax benefits allowed by the government. Business people choosing this field can invest either actively or passively. Active entrepreneurs purchase properties, make improvements and sell it for a profit. On the other hand, entrepreneurs not confident enough to take this path may hire a firm to manage real estate business on their behalf. Many enter into this field solely attracted by the profits; but this business is not for the faint-hearted. It involves hours of hard work, tactful judgment of the profit earning potential of the properties and frequent traveling to see various properties for investing in. The popularity of real estate business is rising by the day due to the potentially large returns and the ever-increasing prices of properties. Real estate improvement is a speciality of real estate business which involves renovation and re-lease of existing buildings and land. Read on to browse through a list of world famous real estate entrepreneurs and read their biographies and timelines.
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