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. Land is a scarce resource that makes it very valuable today. If you purchase a piece of land in an area that’s headed toward development, your land’s worth can exponentially increase than your purchase price.

When entering this business, investors must do their research thoroughly. It is important to learn about the market and to understand when to buy.

There are several things you should consider before buying land. These include the land’s features and potential limitations. Here’s a checklist of things to consider when buying a 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
Learn about the permissible uses of the site
Know the site regulations for your proposed use
Obtain zoning approval
Understand if the site serves utilities such as water and sewer