Land Development Process
Any type of investment must be able to generate consistent cash flow. Land development is the best investment opportunity. Furthermore, land is a limited resource, which makes it extremely 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’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.

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
Make sure you know if the site is connected to utilities like water and sewer.