Your Quick Start Guide to Land Development

Step Into Land Development A Detailed Checklist

1. Understanding the Basics of Land Development

  • Vision and Determination: Stay committed to the vision and course of the project.
  • Networking: Build relationships with city planners and government officials.

2. Assessing the Pros and Cons of Land Investment

  • Pros of Investing:
    • Potential for high returns (up to 100% value increase).
    • Opportunity for large deals with minimal personal investment.
  • Cons of Investing:
    • Payment often comes at the end of the project.
    • Requires upfront investment (e.g., due diligence, environmental studies).
    • Necessity to build trust within the community.
    • Risk of significant financial loss.
    • Environmental concerns with land.

3. Factors Increasing Land Value

  • Location: Prefer land near populated areas or waterfronts.
  • Approval for Building: Obtain necessary zoning and permits.
  • Utilities Availability: Ensure access to essential services (water, electricity, gas, sewer).

4. Market Assessment

  • Local Economy and Demographics: Evaluate the growth, existing structures, and population trends.
  • Demand for Housing or Commercial Space: Check for potential housing or business development in the area.


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5. Getting Expert Opinions

  • External Market Studies: Engage experts for comprehensive market studies.
  • Seeking Mentors and Experienced Advisors: Consult with experienced land developers or mentors.

6. Identifying Opportunities

  • Path of Progress: Invest in areas where the city is expanding.
  • Development Boundaries: Understand the city’s development plans and boundaries.

7. Focus on The 3 Ps

  • Position in the Market: Ensure demand for the development type.
  • Profit Potential: Estimate profitability, considering financing and returns.
  • Political Considerations: Understand and navigate governmental processes and approvals.

8. Build a Team for Land Development

  • Diverse Expertise: Include professionals like civil engineers, brokers, architects, attorneys, etc.
  • Partnership and Collaboration: Form joint ventures and partnerships for shared expertise and risk.


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9. Find Ideal Land for Investment

  • In-Town Development: Explore open land in urban areas.
  • Expansion Areas: Identify areas likely to develop in the near future.

10. Time Management in Land Development

  • Due Diligence: Thoroughly research to avoid pitfalls.
  • Contract Negotiation: Secure extensions and favorable terms in contracts.
  • Market Research: Explore multiple exit strategies.

11. Zoning and Development Approval

  • Change in Zoning: Understand the impact of rezoning on property value.
  • Community Master Plans: Align development with community goals and regulations.
  • Entitlement Process: Navigate the process of getting development approval.

12. Handle Bureaucracy and Regulations

  • Early Engagement with Officials: Communicate with city council and planning departments promptly.
  • Understanding Local Rules: Familiarize yourself with local zoning and planning regulations.

13. Community Engagement and Opposition Management

  • Community Meetings: Engage with neighbors and community members.
  • Public Hearing Procedures: Follow proper protocols for public hearings and notifications.


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