All Forum Posts by: Mohammed Araim
Mohammed Araim has started 1 posts and replied 2 times.
Post: Develop Residential Land
- Investor
- Lawrenceville, GA
- Posts 2
- Votes 3
Thank you. What about book recommendations. I don't think every one who starts land development goes to college
Post: Develop Residential Land
- Investor
- Lawrenceville, GA
- Posts 2
- Votes 3
I purchased a land in Daytona Beach, FL and I am looking to develop it as residential appartments or townhomes. I don’t have experience with land development projects. My limited experience is only in construction inspections when I worked for engineering firms.
My goal is to subdivide, develop the land and sell, rent the units or a combination of both. I need to submit a project plan to County and to loan agencies. I intend to hire site engineers/architects, GC our subcontractors. The steps I am thinking to take for planning, designing and construction are:
- Hire an appraiser to appraise the property for best and optimum use, and for potential rental/sell returns.
- Hire engineer/architect for plan preparation and approval by the county and my help in selecting builders or (GC) and submission of project plan to loan agencies.
- Select and hire builders or GC.
I need information books and articles to review, spreadsheet software that are useful and for general strategies to follow.
Thank you,