[deleted]
Whats FI ?
Submitted 1 week ago by amksenin@lemmy.world to [deleted]
Whats FI ?
There’s a variety of steps necessary before building begins. Things like getting utilities run to the property, getting permits, etc. If you’re the property owner who has those things ready to go a developer is likely going to choose you over others who still need that prep work done. You can also probably just agree to a smaller cut of the final product. If you’re willing to give up some value and make it more profitable for the developer they will prefer you over someone they will make less money from.
Not a developer.
To boost your post I’d say the rest of environment. Road access, utility access, maybe some nature - pond, wood, etc.
HobbitFoot@thelemmy.club 1 week ago
Real estate developers aren’t going to be able help you with the lack of information, but there are things you can do to choose a decent site to develop.
If you’re planning on a 30 year investment, I’d look to see if your region has a long term development plan. If so, buy land near a planned highway or commuter rail. If farm land is not protected, buy farms and offer to charge cheap rent to the current tenants. If a road is built, look into seeing how you can get buses to your site. If rail is built, try to be close to the station.