If you want to dig into the realities of land development, you’ve come to the right place.
Adding amenities to create a theme, or taking advantage of natural features, can add significant market value to the end product.
Verbal negotiations eventually lead to the written contract phase and this is when things start to really matter.
In order to take a parcel of raw land to it’s highest and best use an investor needs to consider the key valuation principals involved.
Sometimes we don’t stop to think that there is more than one way to have an interest in real property, but there sure is.
If you are wondering if land development is for you, take a close read and assess yourself.
The goal of today is to review some of the ways to work most efficiently with your Planning Department and how to avoid problems.
Unlike many other areas of land use law, zoning ordinances are not state or federally set. States have created enabling acts which place the authority for zoning on the local municipality.
One of the key considerations in land development is the topographic condition of the land. The specific area we’ll look at today is land surface elevations and contours to gain understanding about the shape and form of a parcel.
Evaluating the suitability of land for the intended purpose can be broken down into two main areas.
I failed to act on the obvious and I sure wish I had!
Eminent domain is the right of the government, or quasi government agency, to acquire private property for the greater good of the public.
Let’s look at how to directly identify and prospect land without the use of local MLS listings.
.Land development is hard and unforgiving of mistakes. One place to be especially organized and focused is during real property inspections. I use an inspection checklist to keep me on-track and prevent oversights.
A Homeowners Association exists to perform the functions of oversight and management of the governing documents of a community.
CC&R’s are Covenants, Conditions and Restrictions that control, maintain and preserve the character of a residential community.
A look at the mentality and motivating factors of builders, as both allies and as worthy competitors of the private land developer.
Accurately estimating land development construction costs is essential for projecting the successful outcome of a land development project.
My land development sweet spot has been in 5-acre residential lots in rural areas
I’ll say this up front: I like what insurance is supposed to be, but I don’t like what it is.
It is important in land development to understand the role of real estate legal descriptions and the different kinds that are commonly seen.
