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Updated about 7 years ago,
What makes a Land deal good or bad?
My friend has a land deal that he's wanting to push
(PM if you want info 6 acres, $800k, AZ; don't wanna post more details on a regular forum)
My last land deal fell through due to the buyer not having enough time to do due diligence.... My question is
What are all the factors you can think of that makes a land deal good or bad?
zoning (but I feel ability to rezone is more important than current zoning)
location/price (obvious)
whether utilities are on property or not (someone told me how deep utilities are matter as well? is this true or no? how does it affect cost)
the dimensions (but I assume that matters more to each individual buyer due to emergency vehicle clearance etc)
but what am I missing? anything else that i haven't touched on that I need to factor in when looking at land wholesales?
I'd like to be as prepared as I can be to make it easier on buyers. When I start buying and flipping/developing etc myself I'd like to think other wholesalers would do the same for me when I look for deals through them.