I want to start developing land

[Account Closed]

I want to buy land lots and develop subdivisions and/or build infrastructure to then do long term commercial leases.

What advise would you give to get started on a project without land development experience?

I have prior finance experience but new to the idea of land development.

thanks 

[Stevan Stojakovic]

If you’re coming from a finance background, the biggest adjustment is realizing that land development is far less about spreadsheets and far more about process, timing, and local control.

Before you think subdivisions or infrastructure-heavy projects, you need reps in the entitlement and permitting cycle. That’s where most first-time developers get surprised - not because the deal was “bad,” but because approvals, utilities, environmental issues, or municipal politics stretched timelines and burned capital.

In Upstate NY especially, relationships with zoning officials, planning boards, engineers, and utility providers matter as much as capital. The fastest way to learn isn’t by scaling up, it’s by doing something small enough that mistakes don’t cripple you. Infill lots, minor subdivisions, or land with existing frontage and utilities will teach you more than any underwriting model.

Also worth noting: lenders and equity partners don’t underwrite first-time developers on vision. They underwrite on proof of execution. One or two small, clean projects done well will open doors that finance experience alone won’t.

Land development is a long game. Start where learning is cheap, timelines are survivable, and you can afford to be wrong once or twice.

Feel free to reach out if you need any help. Happy to connect and support you on your REI journey.

Stevan