Trends in the land investment market are providing some interesting opportunities for investors… Land is finite. Like any finite resource, land becomes more valuable when it’s scarce. Land in desirable locations can command tremendous prices and provide excellent investment returns. By definition, land investors have a goal of making a profit by investing in land. But consider that land investors can have a variety of backgrounds and purposes, whether they may be individuals looking for property to build their dream home (and their nest egg), investors seeking a portfolio of parcels to land bank or real estate developers buying a…
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A Builder’s Guide to Reviving Zombie Developments
The zombies are here, and this can be a good thing if you’re a home builder – zombie neighborhoods and developments that is. Everyone’s talking about zombies these days, whether they are on popular television shows or cult classic horror movies. Likewise, some builders and developers are finding that picking up zombie developments at a good price, completing and updating infrastructure and then re-selling or building out can be a great way to meet their need for lots and gain a relatively quick return on investment. There’s still an opportunity for big profits from zombies, especially for local and regional…
Read moreSubdividing Land: Tips for Landowners from a Developer (Part 2 – Lessons from the Field)
Are you a landowner who is thinking about subdividing your land into residential lots? In this second of three articles on the topic, you can learn about subdividing land from the real world experiences of a real estate lawyer and developer. Be sure to check out the first article in this series that describes the common benefits and risks of subdividing your land. As noted in that article, some of the benefits may include: Increasing the total value of your land, Providing you the flexibility to keep your home, but still get income from selling your extra land, or Boosting…
Read moreSubdividing Land: Tips for Landowners from a Developer (Part 1 – Evaluate)
Learn to evaluate the risks and rewards of subdividing land into residential lots. In this first of three articles on the subject, a developer and real estate lawyer provides landowners specific items to evaluate when considering whether or not to subdivide land. Come back for the next articles in this series that provide insights for landowners based on the author’s real world experiences with the subdivision process, as well as a hands-on description of the steps landowners should take when subdividing land. Why Subdivide My Land? Sub·di·vide (v.): to divide into several parts; especially: to divide (a tract of land) into building…
Read moreResearch Title & Restrictions: Tip #7 for Buying Residential Lots and Land
In our last post on the 8 Tips for Buying Residential Lots & Land for a New Home we discussed roads and access, including easements that may benefit your land. Now we will shift our focus to title restrictions and other restrictions that may burden your land. Before buying a lot, you always should review the lot’s title and get owner’s title insurance. Reviewing “title” for a property typically includes an in-depth study of the parcel’s history through land records, maps, liens, legal documents and other facts on the public record that may affect a property. This may sound boring,…
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