Land & New Construction
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago on .
![Jillian La Rocque's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/287956/1621441793-avatar-livedifferent.jpg?twic=v1/output=image/cover=128x128&v=2)
Your feedback re a potential Real estate development project
I live in the Caribbean (the Commonwealth of Dominica). I would like to purchase large parcels of land and develop them to sell smaller residential lots. That development would involve putting in better road access, utility connections, road network, etc. I am a real estate agent. I went to view a parcel of land and the owner expressed willingness to partner with me to do the development. I am really not sure how to structure that arrangement. This arrangement would mean that I will not have to spend on purchasing the land. Here are some key activities to be done:
-the road works
-survey works
-marketing
-sales
-some civil works (a small bridge is required)
I am wondering what costs we should share. He does not seem to have much cash available. I can get financing to cover the list above. This is my first time doing this so I am not even sure how we should split the proceeds of the project.
Thank you in advance for your input/feedback