Transitioning to Residential Land Development
Hello Bigger Pockets Community,
I'm an investor with experience in commercial and industrial spaces, now moving into residential land development in Georgia and the Carolinas, focusing on large tracts up to 100 acres. I'm seeking insights and guidance from professionals with expertise in residential development.
I'm looking to understand the essential evaluation parameters for residential development opportunities and learn about efficient quick & dirty underwriting.
If you have relevant experience or knowledge, please reach out.
I am open to potential collaborations.
Thanks!
Most Popular Reply
@Dimitra Manou
Do you know the resources and due diligence needed to develop a large parcel of land? Please make sure you understand how to evaluate land before you buy. I develop for a living and it is easy to buy a piece of land and pay too much because of the cost to develop it. Land is worth what can be put on it. If you cannot make and accurate assessment of what will fit on the property than you cannot make a proper evaluation of value.