Recently I had the pleasure to write an article about all things land entitlements for my friend Seth Williams at REtipster.com. We were also able to sit down and talk about it. EVERYTHING you'd ever want to know about land entitlements is there. You can check out the article, and video, here.
It's my birthday (thanks to all of you for the kind messages and well wishes) and to celebrate, we've opened up our Entitle and Flip Coaching Program for new members to enroll starting NOW! I have had the pleasure of speaking to a number of people about this program over the past couple of weeks and I really do want to reiterate that my intentions for this group are to get a small group of like-minded individuals together that want to do Entitle and Flip projects. We have a number of members that have joined already, so if you're interested please let me know if you have any questions before joining. Space is very limited.
Check out the details and sign up at tolosapropertygroup.com/coaching-program.
Last year I was able to sit down with Adam and Justin on their Casual Friday's REI Podcast to discuss due diligence, especially with infill lots. Always such a great time speaking with them!
Check out the full podcast here!
Would you love to do a subdivision project but think they’re too hard? I’m going to let you in on something….not all subdivisions are the same. Some require public hearings, public roadways and the extension of utilities.
And then there are exempt subdivisions. Click on the link below for an example. You’re welcome!
How valuable is certainty in real estate? How valuable would it be to a developer if they knew with 100% certainty that they could build their project? How valuable would it be for a business owner to know for sure that they could move their business into a commercial building?
Entitlements add certainty, and certainty adds value.
We just released our course called Entitle and Flip which goes over these kinds of forced appreciation strategies. Stay tuned….we have something else on the way that will help you separate yourself from the herd by learning to add value to a property without ever touching it.
The below article discusses the proposed development of a 90,000 square foot industrial/logistics building. I’m posting this in response to some questions I received about developers asking for entitlement contingencies. The investor I was working with thought that it was odd that a developer would ask for this and was going to use it as part of their reasoning to not sign a purchase agreement.
I spoke to someone just minutes ago who was looking to subdivide a 120-acre tract for sale to recreational users. He knows this type of user very well and believes that 5-acre lots are the ideal size for this buyer. Unfortunately, the zoning requires a 20-acre minimum lot size. His question for me was if there was any way to change the minimum lot size through a variance or something similar. Quickly, you can’t use a variance to deviate from minimum lot size requirements. So the only option would be to request a rezoning to a more intense zoning designation that allows for smaller minimum lot sizes. So the real question is if the property was a good candidate for a rezoning approval. In this case, likely not. And that has a lot to do with the zoning of the surrounding properties.
This reminded me that this is exactly the kind of information and material that is covered in the Rezoning for Profits course found on our website at the link below. Check out that page and take a look at the quick video below to learn more and be sure to reach out with any questions.
Entrepreneurial land investors are always interested in pushing their land business to the next level. If this describes you, you need to check out the Entitle and Flip Newsletter. Each month, the Entitle and Flip Newsletter provides valuable information and resources that helps land investors unlock value within their existing portfolio while helping them distinguish themselves in their market.
For only $10 per month, you can become a part of a group of investors that are learning how to add value to their existing portfolio without ever touching the property. Click below to subscribe and gain access to a free issue of the Entitle and Flip Newsletter.
Announcing the release of the Entitle and Flip Newsletter!
This newsletter has been created with you, the land investor in mind.
Check out the first issue for free by clicking on the link below. No sign up, credit card or anything like that. If you find value in what we have to say, consider signing up for the monthly newsletter…only $10 per month.
What if you could profit by adding value to an existing commercial property by using entitlements to change the allowable use and not touch the property at all?
Examples include the conversion or apartment rentals to for-sale homes or the modification of old warehouses to residential lofts or the change of use from a old retail building to a use that requires some kind of entitlement to be approved. Each jurisdiction is different.
THE DREAM IS REAL!!!
Our purpose is to inform and advise investors through next level education and services so they can distinguish themselves in their market.