All Forum Posts by: Account Closed

I just signed a consultancy agreement with a data center developer who is currently looking to purchase property suitable for data center development within the Commonwealth of Virginia.

Would anyone here currently own 50+ acre raw land or industrial properties be willing to sell to us?

My clients prefer to handle the rezoning themselves.

Hi all,

I recently posted about this topic and unfortunately did not receive any responses.

I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.

I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.

Would there be any investors who are currently active in this niche?

I would really appreciate advice and feedback on this matter.

Hi all,

I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.

I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.

Would there be any investors who are currently active in this niche?

I would really appreciate advice and feedback on this matter.

Hello All

I am both astounded and at a lost for words by the sheer amount of success a lot of you have achieved here in the BiggerPockets community. 

I plan on making a move to Southern California in a few years, however, I am looking to invest with developers building high-end spec homes beforehand.

I have been fascinated seeing beautiful speculative-built homes across the LA and OC areas and I plan on getting involved
by the end of 2024.

My plan is to invest passively in such developments while observing until I can develop such properties myself.

Any advice, input, recommendations, or referrals would be much appreciated.

I look forward to your responses.

Hello All

I have been a licensed real estate agent for a year and a half now.

About a year into it, I realized that I did not care for the sales side of the industry so I switched my license to referral status.
In my area (Northern Virginia), I’ve noticed a lot of tear-downs being replaced by $1M+ Spec Homes.

At first, I thought they were national home builders, but it turns out that small ‘Mom and Pop’ investors are behind most of these projects.

I plan on getting started in the industry as a passive investor while an experienced GC/ Builder handles the day-to-day while I observe.

After a few completed projects, I plan on developing myself.

Is there any advice from experienced Spec Home Developers who have been in this industry long enough to see the good, the bad, and the ugly to share with an aspiring newbie like me?

I look forward to your responses.

Hello All

I have been a licensed real estate agent for a year and a half now. 

About a year into it, I realized that I did not care for the sales side of the industry so I switched my license to referral status. 
In my area (Northern Virginia), I’ve noticed a lot of tear-downs being replaced by $1M+ Spec Homes. 

At first, I thought they were national home builders, but it turns out that small ‘Mom and Pop’ investors are behind most of these projects. 

I plan on getting started in the industry as a passive investor while an experienced GC/ Builder handles the day-to-day while I observe. 

After a few completed projects, I plan on developing myself. 

Is there any advice from experienced Spec Home Developers who have been in this industry long enough to see the good, the bad, and the ugly to share with an aspiring newbie like me?

I look forward to your responses.