Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

110
Posts
22
Votes
Tracy D. Garrett-Numa
  • Developer
  • Bowie, MD
22
Votes |
110
Posts

Any land development experience

Tracy D. Garrett-Numa
  • Developer
  • Bowie, MD
Posted

Hello 

Looking for anyone who has experience in purchasing land and developing the land for residential land. Would like to know about any success stories, pitfalls.

Most Popular Reply

User Stats

224
Posts
126
Votes
David Miller
  • Attorney
  • Durham, NC
126
Votes |
224
Posts
David Miller
  • Attorney
  • Durham, NC
Replied

In addition to the comments above, I believe that unimproved land plays (esp. properties with no or little entitlements) can be some of the most complex and high-risk investments you can make in real estate.  Along with that risk can be big rewards...or big pitfalls. There is almost no end to the number and types of things that can impact a land acquisition's feasibility and cost.  I would strongly encourage you to find someone in your locality with experience who can steer you through the process.  

  • David Miller
  • Loading replies...