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Developing land is a major leap for most builders—yet, it is where the big money is made. You know how to build quality houses, maybe you’ve been doing it for a few years and even made a tidy profit, but the real money is in buying raw land and developing it. You may want to start small with a few spec homes built on land you purchase or take on something larger, like a small business park or a tract of homes. First, you have to create a market study, select the site and convince a lender, investor or a partner to back you in your plan. It’s a major leap and requires business and planning skills that you don’t necessarily pick up with the ability to build. Getting Financing & Developing Land gives you the practical knowledge you need to make that leap, from preparing a market study, selecting a building site and obtaining financing, to having your plans approved and controlling your building costs so you can ensure yourself a good profit. Land development takes a higher level of planning and financing – not to mention some genuine political savvy. It’s a daunting task, but this new manual walks you through the entire process:
You may face obstacles along the path to successful land development, but Getting Financing & Developing Land can help you navigate around them. It includes practical advice on conquering local opposition, dealing with no-growth advocates, and overcoming environmental issues. If you’ve done your homework, if you’re well-prepared, and if you can approach each situation you face methodically and intelligently, your chances of becoming a successful developer are increased tenfold. Includes Software with forms, checklists, and a sample business plan that you can customize and use to sell your idea to lenders and investors. The Author: Michael C. Thomsett has been a consultant for numerous construction and engineering firms over the last 20 years, specializing in introducing practical business systems for builders and contractors. He is the author of over 50 books on business and finance, and more than 500 articles in national trade and business magazines. Includes: Book & CD-ROM By: Michael C. Thomsett Published by: Craftsman Book Company 208 Pages, 8 x 11 |
