Land Subdivision - $1.2 Billion Dollar Developer Tells You How To Do It

Land subdivision is a bit like helping Mom slice up her beautiful Apple Pie; it's all so easy, when, like Mom, you've done it a few times. So let's see if we can get the ingredients for a land subdivision correct so you can do it right first time, OK?

Every city or town in the free world has a Town Plan and it comprises, not surprisingly, of plans or maps, usually with lots of different colors all over them, but also lots of words explaining what the colors mean as well as lots of Rules that tell you what you can do with land.

The colors indicate different zonings that your elected Council has decided upon. So say, Residential housing may be Yellow; high density housing like units, condos may be Pink; and industrial Orange, whatever. So you can see at a glance how the town plan is subdivided into land use categories.

Just as you can't build a house anywhere you like, you can't have a farm or a factory in the middle of a residential area either. So the first thing you must do is find out what is the 'Zoning' of the land you own or are thinking of buying. Getting land Rezoned is another issue altogether.

Let's assume your land is zoned for residential housing. The Town Plan will tell you all the requirements you have to undertake for land subdivision. It will tell you the minimum Lot size allowed in a residential subdivision. It will tell you the distance in feet or metres you have to Set-Back each lot from the road, either internal and/or external, as well as the side boundaries of your land.

Now all that seems a bit complicated, but don't worry, there are professional land subdivision experts who will do all this work for you. Depending in what part of the world you come from, you will engage either an Engineer in the USA or a Land Surveyor in Australia, New Zealand, UK or Ireland to prepare you land subdivision plan.

Always engage one who does their main work in your area, because these are the professional where local knowledge is very important. They will know about soil conditions in your area, because they may have done several land subdivisions in the area already and completed soil testing.

They will also know about the provision of utilities like water supply, electricity, gas, telephone. All of these impact on the cost of your development. For example, if water reticulation is not available on your road frontage and the nearest water supply is a mile away, then you may have to pay for the cost of piping water that distance.

It is vital you know this information before you commit yourself to land subdivision costs and so the Engineer or Land Surveyor are very important not only at your investigation stage, but also when you proceed with the land subdivision planning application preparation and lodgment with your Local Authority. These guys will do all that work for you.

So what does all that add up to?

Yes, you should go the Local Authority in your area of the world that handles Town Planning and study their Town Plan. You may even be able to get a photo copy of that area of the plan that concerns your land. Read the local By-Laws about the type of land subdivision you plan to do.

Next, if you don't have a recommendation as to which Engineer or Land Surveyor to use, do as I suggest in my e-book, Residential Development Made Easy, go and interview several of them in your area. Remember, as you are low on experience, the interview is your opportunity to find someone with whom you feel comfortable on a personal level.

Do they 'talk down' to you and treat you as though you're a mug? Are they information givers? Do they explain things to you? What land subdivision are they currently working on? Where is their most recently completed land subdivision?

You don't have the expertise in the profession, so use you own instincts. When you find one that suits you, Do Not start off your relationship, by attempting to haggle over the professional fees he proposed to charge you. If you have interviewed several professional you will know the range of fees charged, BUT you do not know the extent or range of work the firm has to carry out.

So to haggle with a professional based on such skinny information, tells the professional that they should avoid you by a mile. I have developed over $1.2 Billion worth of real estate and have never in my life haggled over a professional fee and the reason is simple.

First: I believe everyone is entitled to a profit from their endeavors, provided they do a good job.

Second: If you land subdivision financial feasibility study is so marginal that you have to save a few thousand dollars by screwing the fees of your professional consultants, then either you have a bad development or you are just a bad employer.

Third: I believe in incentive. I prefer to pay a guy more than he asks. Guess how he performs for me as opposed to clients who don't.

Author & $1.2 Billion Real Estate Developer Has Written Best Selling 'How-To' E-book, "Residential Development Made Easy" With A Readers In All States of the US, Canada, Australia, New Zealand, UK and 79 0ther Countries Through His Web Site http: http://www.realestatedevelopmentcoach.com

In The News:


The Massachusetts Daily Collegian

Real Estate finds tranquility, but breaks little new ground on 'In Mind'
The Massachusetts Daily Collegian
Toward the conclusion of “In Mind,” the fourth album from New Jersey's suburban jangle-pop masters Real Estate, Martin Courtney muses “Green river still runs under that same sun/I never saw the source but I know the chorus.” At once both a reference to ...


NewsFactor Network

May I Virtually Help You? Chatbots Move Into the Real Estate Sector
NewsFactor Network
"Chatbots can provide immediate responses and property information to interested buyer and seller inquiries and help tee them up for real estate agents to take over," said David Tal, CEO of Agentology, a San Diego-based tech company that provides lead ...

and more »

Buffalo News

Erie County Real Estate Transactions - The Buffalo News
Buffalo News
Following are real estate transactions over $5000 as listed in records of the Erie County clerk's office for the week ending Feb. 17, 2017. AMHERST • 3…

and more »

Politico

Schumer: 'You cannot run the presidency like you run a real estate deal'
Politico
Senate Minority Leader Chuck Schumer blasted President Donald Trump's deal-making prowess Sunday, saying he'll "get nowhere" on tax reform and health care legislation if he continues to run the presidency like "a real estate deal." During an interview ...

and more »

Sarasota Herald-Tribune

REAL ESTATE PEOPLE
Sarasota Herald-Tribune
Based on an independent survey of recent home buyers, the Five Star Award is presented to fewer than 7 percent of real estate agents and is based on customer service, integrity, market knowledge, communication, negotiation, closing preparation, post ...

and more »

Bloomberg

Real Estate Veteran Macklowe's Next Venture
Bloomberg
Harry Macklowe is one of Manhattan's most storied real estate developers. He's the man whose losses in the crisis forced him to sell the GM Building, only to rise again phoenix-like to build the tallest residential tower in the western hemisphere, 432 ...

and more »

CapitalGazette.com

Realities of Real Estate: A look at how the real estate market is doing
CapitalGazette.com
There are a variety of indices, or metrics if you will, that we follow to measure where we've been, and where we might be going, in the world of real estate. The performance of real estate locally might be different, but for the big picture, here are ...


SEC Case Against Florida Banker Over Real-Estate Loans Goes to Trial in Miami
Wall Street Journal (subscription)
One of the U.S. government's last remaining civil fraud cases related to the housing crisis goes to trial on Monday in Miami, where the Securities and Exchange Commission squares off against a longtime Florida banker accused of misleading investors ...


Charleston-area commercial real estate leases
Charleston Post Courier
Chris Cunniffe of Harbor City Real Estate Advisors represented Bloodgood Sanders LLC in leasing 1,425 square feet of office space at 242 Mathis Ferry Road. The landlord was represented by Shawn Howell of Howell & Associates. Johnny Bevon of Avison ...


The Hill

Dems question potential Kushner real estate deal with Chinese firm
The Hill
Democratic lawmakers are raising conflicts-of-interest questions over a real estate project between a Chinese firm and the family of President Trump's son-in-law and adviser Jared Kushner. Kushner Companies, the real-estate developer owned by Kushner's ...
Trump taps Kushner to lead a SWAT team to fix government with business ideasWashington Post

all 90 news articles »
Google News

Kings Bay Georgia Real Estate - An Amusing Tale About a Real Estate Agent

This story is true and not meant to hurt anyone,... Read More

Creative Real Estate Investing

With a job that paid $3.40 an hour, I saved... Read More

Why I Love Country Living

As somone who has lived in both places, I can... Read More

Home Sellers Warning for Young Families

If you're thinking about selling your home and moving up,... Read More

Take The Guess Work Out Of Your Wholesale Property Purchases

We have become very concerned by the number of readers... Read More

Real Estate Investing Myths That Steal Profits From Your Pocket

One of the things that distresses us about our industry... Read More

New Home Construction - The American Dream or The American Nightmare?

Buying a new home is suppose to be the American... Read More

Family Feud with an Auction Deadline ? Adventures in Probate/ Estate Purchases

One of our investor students told us of an interesting... Read More

What Can I Realistically Earn In A Lease Purchase Business?

If you're looking at Lease Purchasing as a business, you'll... Read More

Dont Forget to Ask About Restrictive Covenants

Homebuyers, especially first-timers, may not think of asking about restrictive... Read More

Apres-Ski

European tax haven Andorra enjoys the same fiscal benefits as... Read More

Nobody Loves A Landlord

The typical landlord starts off life as a light hearted... Read More

Eight Out of Ten Millionaires Surveyed Made their Fortune in Real Estate - How?

Consider the statistic in the title for a moment.8/10 millionaires... Read More

Fixing Houses: Using Psychology for Profits

Real estate investors who specialize in fixing houses for profit... Read More

3 Strategies For Buying Property With No Money Down

Everyone has heard a story or read about someone who... Read More

New Housing Starts Do Not Guarantee Aftermarket Sales

We have been studying a trend of new home buyers... Read More

Secrets of Making Money from Real Estate - Part 1

There are three investment vehicles which can make you rich.... Read More

Housing Bubbles and You

Are we in a housing bubble? To answer that question... Read More

Best Time to Buy? Best Time to Sell?

When is the best time to buy? When is the... Read More

Buying Foreclosures - Knowing Why Helps You Buy

One big potential deal-killer in buying foreclosures is the homeowner.... Read More

Helpful Hints for First-Time Home Buyers

Buying a house can be a daunting task, even for... Read More

Much Ado About Mansionization?

Is there a perpetual shadow hovering over your house? Do... Read More

How To Increase Your Homes Selling Price by $3,306.75 In The Next 33 Days

According to the Federal Housing Finance Board:... "As of October... Read More

Termite and Moisture Damage Not Reported

I have done so many appraisals where I saw obvious... Read More

The Most Sensible Investment Decision Youll Ever Make

So much advice is bandied about on the internet and... Read More