Chapter 15
Land Development: The Heart of Commercial Real Estate
In This Chapter
Identifying the pros and cons of investing in land
Paying attention to your surrounding market
Surveying the three Ps of successful investing
Teaming up for your land development project
Negotiating for extra closing time
Dealing with zoning and approvals for your project
Working with bureaucrats and making connections at city hall
Land development is a way to take a small amount of money and turn it into a fortune. If you can see the vision, stay the course, and make friends with plenty of city planners and other governmental types, you can have a new and prosperous career in land development.
In this chapter, we take you on a winding journey through the ins and outs of developing raw dirt into the property ...
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