As a pure land guy I originally missed out on some opportunities by not aligning myself with established builders.
If you want to dig into the realities of land development, you’ve come to the right place.
As a pure land guy I originally missed out on some opportunities by not aligning myself with established builders.
I don’t know of any single recipe for becoming a successful land developer, but I have sure seen ways that can help someone get off to a faster and better start in the business.
What is the difference between subdividing land and dividing land?
Hydrology is the study of water and in land development we need to consider not just the conditions of the relevant studies, but also make provisions for its movement relative to the land under development, along with the impacts on the surrounding watershed.
Many developers (including myself at times) complain about the complexity and even contradictory rules we have to follow for a project, but to be fair without the governing regulations it would be the wild west out there. Land development laws are the supporting structure that provides order, continuity and uniformity for urban planning.
Economic feasibility of land development projects. The determination of how likely a project can be successfully completed for a profit within a projected timeframe.
I have held the responsibility of trustee for seven different private trusts, while learning tons from the experience. Here’s a glimpse.
In land development, it’s always good to have a Plan “B”!
Rural residential land development projects have unique needs and the land developer needs to successfully address them for a project that produces top-dollar results.
A Road Maintenance Agreement in land development recites who will be responsible for the maintenance of the road surfaces and roadways and how it will be done.
There are several interlinking governmental agencies with authority and enforcement powers that deal with environmentally compromised real property. You DO NOT want to meet them.
What are accessory dwelling units and why should a pure land developer really care when he doesn’t build homes? There’s a good reason!
Quality design in land development starts “before the design”!
How to spend $500,00 on a bridge
It is clear that any land development project is going nowhere without a domestic water source.
Lot yield is the holy grail for most developers. When more lots can be produced and costs are amortized over a greater number of lots, the result is usually increased profits - at least that’s what a lot of guys think.
Rural land buyers are not that much different than any real estate buyer regarding the steps in the process of making a buying decision, but they do look for different things than a person buying an existing home on a traditional lot.
Let’s say you have come to the end of the long, dusty trail of a land development project and now it’s time to market and sell your finished lots. First of all, congratulations!
There may be investment opportunity when land is held in a “current use” tax designation.