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Old 04-02-2007, 11:37 AM
spex x spex x is offline
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Join Date: Jun 2005
Location: who dares wins
Posts: 569
Default Re: Land Development Startup

IMO, it would be better to start slower and work from there. Build and sell two, build and sell two more. Once you've got some more experience you might start thinking about buying 4 or 5 properties at a time. But frankly, there is not shortage of good deals in real estate, so there is no reason to rush.

My understanding is that investing in raw land is one of the most risky of RE investments. So that's another advantage to taking it slow. You are risking much less all at once. BR management.
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