Don't fall into the same traps as others before you
You've probably heard it before... Caveat emptor - "let the buyer beware" as the saying goes.
There aren't take-backs in buying land. Once you close on a property, that's that.
And here's the thing.
Buying a piece of land isn't as simple as it looks. Dangers lurk under the surface. Unforeseen pitfalls threaten to derail projects.
And if you're not careful... you'll fall into the same traps as others before you.
Land buyers of all experience levels often say the same thing... the process is overwhelming.
So today, we're changing that narrative. Download your copy of our land investing and land development diligence checklist below.
You're on your own...
There is so much information out there about buying a house, but almost none about buying vacant land.
And that's by design.
The real estate industry isn't built to adequately serve land investors, business owners with growth plans, or real estate developers.
Think about it.
Most real estate agents don't have a firm grasp on what it takes to really investigate and value a piece of raw land. And other developers are more concerned with protecting their own IP than helping you navigate your own challenges.
And there's no great repository of information out there to help answer any of these questions.
So when it comes to due diligence on land, you're on your own.
And this is a high-stakes game. There's no room for trial and error - mistakes cost money and lead to bad investment and development decisions.
But that's where the site selection and land due diligence checklist comes in
This isn't theory.
We took all our real-world experience and condensed it into a step-by-step checklist to guide your actions during the land-buying process.
At one time, we were the ones fumbling through land buying. I had all these great development ideas, but had no idea how to assess a property to determine if it was actually feasible.
I didn't even know the right questions to ask or whose skills and experience I needed to leverage.
It was a lonely feeling. But through those mistakes, I learned a simple lesson.
Before you close on a property, you need to make sure you're not buying something that ends up being worthless.
There's so much to think about that impacts a property:
- Land use & zoning
- Environmental considerations
- Political & land entitlement risk
- Development feasibility
And that's only to name a few.
The site selection and land due diligence checklist is your blueprint for buying and developing raw land. Not every project requires the same investigative rigor, but we've included 150+ due diligence items you may encounter during the site selection or land acquisition process.
This checklist was built with several people in mind...
There could be a hundred different reasons why you've stumbled upon this due diligence checklist. If you're like most people, you probably fall into one of several buckets:
- You're tired of the rat race - hustling for someone else in a job that doesn't really fire you up. Land investing may be your way out, but you don't know where to start.
- You're looking to diversify. Real estate offers the opportunity for passive income, but you don't have the time or bandwidth to deal with tenants, so you're looking for something hassle-free.
- Your business is growing and you need to build a new building. But site selection is overwhelming and there's nothing available to guide you through the process.
- You're a land developer that lacks certain practical experience. Or you just want a comprehensive checklist to guide your due diligence activities.
What you'll find in the due diligence checklist
Quality due diligence can help you avoid bad investments and costly mistakes, especially when it comes to vacant and raw land.
But what does due diligence even entail? How do you analyze a land or development deal? And how do you know what you should be looking for in a new site?
The guide is broken down by several broad categories and covers a variety of site selection and land investing due diligence items:
- Legal & administrative considerations
- Environmental requirements
- Municipal considerations
- Development feasibility
- Financial considerations
This checklist is extensive and you'll probably feel overwhelmed at first. But that's okay - this is meant to be a one-stop shop for everything you need to consider.
We've included 150+ due diligence items that may impact your land investing or land development journeys.
Built from the lessons of our past mistakes and failures
There's no instruction manual when it comes to land investing or land development.
And if you've never been through the process before, it can be downright daunting.
You may have heard the saying before, "you make your money when you buy a property."
That's true - buying a property "right" is often the difference between wealth and expense. And if you fail to uncover a material fact, you'll be fighting an uphill battle from day one.
So we wanted to make it easy for you.
We've made our fair share of mistakes during due diligence - closed on properties too quickly, hand-waved critical investigative requirements, and even just plain forgot important steps.
So I built this checklist for myself and found it so valuable that I thought I'd share it.
Make more thoughtful, calculated decisions, and ultimately achieve better results.
Fill out the quick form below and get your free copy of our site selection and land due diligence checklist today!