It was for two large parcels of farm land that I’ve had in my possession for a long time now (Calhoun County, Al tax sale was 10+ years ago).

I'm not sure if I am looking at it the right way, but by looking at recent sales on the MLS, I can see when it was listed, pending sale, and sold.

I’m in the middle of nowhere. dc is like one and a half hours away. so it feels like there isn’t a lot for sale in multi family near me2.

Annexation, zoning, density, preliminary, and final plat approvals are examples of the steps associated with increasing site value.How much value is created is determined by deducting the "as-is" value from the entitled value.Establishing the entitled value involves determining and underwriting the Highest & Best use of the site and applying a residual analysis.A residual Land Value Analysis is conducted by establishing the built-out value of the project and deducting everything from the total value BUT land.The generic formula Total Sales or Capitalized Value - a Target Project Proft - commissions & closing costs = Residual Project Budget - Site Cost - Hard Cost - Soft Cost - Finance Interest points and fees = RESIDUAL LAND VALUE Residual Land Value is the price that can be paid to acquire the property that is supported by the Project planned to be built on it.One of the most important factors in doing this analysis is an Income-Driven approach.

The following week, I resigned from my job of 3 years in Sales, took the money I saved up, leveraged my good credit/high income and borrowed as much money as I could get my hands on, then dove in to the world of Investing and haven't looked back since.

AVAILABLE DUPLEX FOR SALE.

If you're buying existing product, the competition will be tougher and the value of your home (as detailed below) will likely suffer as the Porter market continues to be flooded with new SFH supply.

@Aj EscomiendoIf you're not going to personally see the property, then you'll be reliant on others and they may be crooks or at best, just not have the same goals as you.So, you'll want to form a Tripod Team: Agent, Lender & Property Management Company (PMC).Agents & lenders are transaction based, so few of them will really "be there" for you if something goes wrong after a sale.

The lender can exercise the "due on sale" clause if the name(s) of the buyer are not the same name(s) as the members identified as the owners of the LLC.

Details: Purchase Price: $250,000Entitlement costs: $75,000Infrastructure Costs: $350,000Vertical Costs: $1,500,000Interest Costs: $440,000 (over up to 42 months)Sales Costs: $250,000Total Projected Sales Price on exit: $3,400,000Total projected profit: $535,000This is if I take it down completely on my own and leverage 100% of the development using private money and construction loans.