You can also find pre-cut, countertop sized slabs that will be cheaper than starting with raw slabs. 

Hi Wendell:We have done a dozen or so flip deals but we are actually embarking on our first modular home/raw land deal.

Does anyone know whether or not there are tax implications if a family member quit claims a piece of land into my name.  I would not be paying anything for the property they would be giving it to me for nothing.  They...

A few definitions to know in this domain of land development:Raw or unfinished lot cost = raw land prices divided by number of lots derived from land planning actions Finish lot cost = the cost of the land, development impact fees related to land, and common infrastructure (i.e. streets, sidewalks, parks, schools, etc)Residual land value (RLV) = analysis of home prices less all cost to complete and what remains is what a builder can pay for land.

Hello BiggerPockets community,My name is Jordan Dupuis and I am interested in buy and hold investing and raw land strategies in Houston, Texas, specifically inner-loop multi-family properties, and surrounding areas.

The factories need raw materials or sub-assembly parts, all of which are better sourced locally. 

I got into the idea of raw land acquisition because of one of your posts about how quickly the lot values were jumping.

I've had an offer in the past to have a family member finance raw land for about $70-75k, which would put my comfortable budget closer to 80k assuming it works in my favor. 

@Mike Hurney I know the right answer to that question is to ask a real estate agent what rent goes for, or look at ads for similar rentals in my area, or even ask the owner of the house next door what he charges, but the intent was to get a really quick, raw number to see if renting would even be a possibility.

For raw land development you just need to budget for a whole lot of soft costs before you get going, I actually help with the biological/environmental phases of raw land development, so I can you that it's tough to develop raw land.