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How to start with Raw Land Development now?

                    

Raw land development is the process of purchasing a parcel of land with the intent of either developing and building on it or holding onto it for long – term appreciation. Raw land investing has an array of configurations but will essentially provide a multitude of advantages from other types of investments; whether it be from selling the property, renting it out for a passive income, or simply earning appreciation while performing little or no work.

Raw land is a limited resource, making it extremely valuable. If you purchase land in an area headed towards development and growth, there’s a chance your land can become worth even more. Investors looking to develop raw land should mind their due diligence and thoroughly educate themselves on the market where they plan to invest. The best way to do this is to pay attention to current market trends.

Benefits of Developing Land:

1. Raw land investments are typically less competitive than residential real estate.

2. Sellers of raw land investments can be more likely find finance.

3. Purchase price and holding costs are lower with raw land.

4. The appreciation potential can remain high even with less than stellar market conditions.

5. There are countless development opportunities for raw land.

             

The process of developing raw land can be quite complex and involves several steps that include:

* Access to economic viability – First step is to determine whether the land is economically feasible for development.

* Determine the offer price – Determine the offer price by researching the local real estate market.

* Zoning – Find out what the land is zoned for. This will determine what type of building you can construct on the land.

* Finance – Secure financing before you begin the building process.

* Zoning Laws – Ensure that you are building within the zoning laws of the area and also obtain the required permits.

* Marketing – Once the building process is complete, you can begin marketing the land or property to potential buyers.

                                                                             

 NEED TO KNOW MORE OR NEED HELP WITH A PROFESSIONAL AND BANKABLE BUSINESS PLAN? CONTACT US NOW FOR PROFESSIONAL HELP AT: (27) 84 583 3143 or EMAIL US: money@global.co.za

 

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How to get involved in Property Development now?

                                    

Property Management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, and land real estate. Property Management is also the daily oversight of residential, commercial, or industrial real estate by a third – party contractor. Generally, property managers take responsibility for the day-to-day repairs, ongoing maintenance, security, and upkeep of properties. They usually work for the owners of investment properties such as apartment and condominium complexes, private home – communities, shopping centers and industrial parks.
Just as property comes in many types, so do property managers. Some firms are specialized in providing management for a particular type of property, while others offer management services over a range of property types. A huge range of property types can be managed.
Residential Property Managers  – are typically hired for rental properties, and they manage the rental process.
Commercial Property Management – Commercial Property Owners have different needs from those who own residential property. Commercial Property Management can apply to:
  • Public Accommodations like hotels.
  • Retail properties like malls, restaurants, and gas stations.
  • Office properties like real estate brokerages or doctors offices.
  • Co – working spaces where professionals rent work space by the day or by the hour.
Industrial Property Management – Industrial properties that can benefit from management  include:
  • Heavy manufacturing facilities such as automotive plants and steel mills.
  • Light manufacturing factories such as food packaging.
  • Warehouses.
  • Distribution Facilities.
Special – Purpose Property Management – There are also numerous types of properties that include:
  1. Theaters.
  2. Sport Arenas.
  3. Resorts.
  4. Senior Care Facilities.
  5. Schools & Universities.
  6. Places of Worship.

NEED ASSISTANCE IN ANY AREA OF THE REAL ESTATE PROCESS OR HELP WITH A PROFESSIONAL BUSINESS PLAN CONTACT US NOW AT: (27) 84 583 3143 or EMAIL US AT – money@global.co.za

 

                            

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