Re: Land Development Startup
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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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nice post, thanks for the great advice, that is the thing im not sure where to start once im finished with this project, im wondering if its better to start building/buying land is a specific city/town or just find various vacant land lots in diff. locations in good areas.
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