We're so thankful to offer next-level education and services to help inform and advise investors in ways to build their businesses through forced appreciation. To show our appreciation, we are offering a Thanksgiving sale. The sale starts today and goes through November 30, 2021. See the graphic below for details. We've so enjoyed getting to speak and work with many of you and are excited to see what 2022 brings for us all!
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Oooooh, what's that?? I think that used to be what they call an "underutilized property", rare in some cases but quite valuable!
People often ask me what an underutilized property is. I don't know that there is a specific definition that applies industry-wide, but the way that I define it is this; an underutilized property is a property that is not meeting its highest and best use based on its current zoning. In the picture below, this was originally a residential neighborhood that, over time, saw demand for commercial uses. So, the city rezones the property along the corridor to commercial. In doing so, they created a situation where the residential uses were grandfathered in and future commercial uses would be allowed subject to specific development standards. In this case, office uses, such as real estate offices, insurance offices, etc. were allowed to locate within these buildings. This is a very relatable example but it happens at all different scales. Imagine if these structures weren't so attractive and they begged to be redeveloped. What if you were able to locate these opportunities and profit from them? If this kind of next-level investing interests you, I ask that you take a couple of minutes and take a look at what we have to offer. We have a new Done For You service and separate coaching program that you may find helpful as you grow your business. https://www.tolosapropertygroup.com/done-for-you-forced-appreciation Often I get calls that go something like this (dramatized for cinematic effect):
I have a buyer that wants to buy my property, but only if he can build a roller coaster instead of a house. The investor rationalizes that since the neighbor has a car in the driveway that the proposed roller coaster should be approved by the county because the roller coaster has a box-like object on it with wheels and makes a loud noise just like the shiny car in the driveway. It doesn't quite work that way. Luckily, there are a handful of simple things that you can do to prevent this tragic event from happening in the future.
We are excited to offer our Done For You Forced Appreciation Service. This is a service that we offer to land investors to help them force the appreciation of their property without ever having to touch it.
This service is for land investors who understand the value of forced appreciation and the role that entitlements can play in that process, but are either too busy or are not inclined to want to go through the required process themselves. Examples of such projects include minor and major subdivisions, site plan approvals, conditional use permits, zone changes and many more. Our team will evaluate your property for any and all forced appreciation opportunities and then in consultation with the investor, determine the best course of action. We will then work as the day to day face of the project on the behalf of the investor coordinating all efforts with any required professional service providers such as land surveyors, civil engineers and architects as well as county and city staff. We will be there from beginning to end to ensure the ultimate success of your project. For more information visit here or contact Mike at mike@tolosapropertygroup.com. |
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