Land Development Process
The core of any type of investment is its ability to deliver consistent cash flow. Fortunately for investors, land development offers the highest reward. Furthermore, land is a limited resource, which makes it extremely valuable today. Your land’s value can increase exponentially if it’s located in an area that is headed towards development.

When entering this business, investors must do their research thoroughly. It’s critical to educate yourself on the market you plan to invest in, and understand when to buy and look at the growth in the surrounding area.

When buying a piece of land, there are a few things you should look into first, including the features of the land and factors that could limit the potential for development. Here is a list of things you should consider when purchasing land.

Identify manmade and natural features (wetlands, steep slopes, floodplains, historic structure, etc.)
To find out about existing restrictions and easements, obtain a title report
Understand the permitted use for the site
Know the site regulations for your proposed use
Obtain zoning approval
Understand if the site serves utilities such as water and sewer