Land Development 101 - Introduction Video #1 (Land Development)
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- Опубліковано 31 лип 2024
- Looking to get involved with real estate development, but you don't know where to start?? Our first video of the series will cover all the basics and help you get your feet wet with all the processes and trades involved with land development!
landdevelopment101.com/2018/1...
My dream is to build my own neighborhood when I’m older
You can and you will 💪🏻
U can
Do it!
I used to live in a neighborhood that had 600 single family homes, a community pool, 3 parks; and this was a planned middle class subdivision costing around 90-110 million USD. You can still build 75-100 homes in a similar manner and it would be a fraction of the cost (say something like 15-20 million USD depending on location and materials).
But regardless that's still a realistic goal for someone who starts planning and building wealth at a younger age. You could even have your own HOA covenant lol.
Lol the reason why im here also and in fact, I've already started with 2 units.
@@loupaulo1205 Depending on your goals, you really don't need that much capital to technically build a neighborhood. For example, I only actually build maybe a dozen homes per year, but I develop and sell maybe 600 lots per year and just sell them ready to build to a home builder. I could technically build more homes, but this way I don't have to keep anything tied down for too long and can move on to the next piece of land fairly quickly. I would also say that developing raw ground is much more accessible to someone looking to get started in real estate development because you don't need tons and tons of startup capital to get going. I did my first ever development project with rented equipment and a crew of temps.
Land development is happening on the big open lot across from my home. This video helped me get an idea of how much activity and noise that I need to prepare myself for over the next year. Great video! 👍
I am now smarter than before I watched this. Very nicely put. Thank you, Sir.
Thank you for these videos! They really show the seems between the trades that make it the work of art that it is.
Absolutely, Joe! It's just like a big puzzle with multiple moving pieces. And it gets fun when you start learning how to make them all interconnect with each other.
So much educational value for me moving from vertical building to now mass grading
You make this so simple (Mr. Land Professional) that a fifth grader can become a construction pro. 5 thumbs up!
That's the goal! Doesn't need to be complicated. The more you understand the pieces the more fun the process becomes. Thank you, Elijah!
The math isn't that hard, mostly just takes planning and a little guts to stomach the unknowns that can pop up.
Thank you for sharing such Awesome Videos & Content! I want to gain knowledge in Land development as I embark on a journey to develop land that's been in my family for nearly 100 years. I appreciate you and am feeling more confident than ever to see this project through.
Thank you very much bro, this is very educational amd easy to comprehend. I'm your new subscriber coz of how you did the video💟💝🙏
This is amazing, so much to learn here.
Awesome video! I want to gain knowledge in real estate so I'm starting classes this fall. Land development sparked my couriosity.
Tonya, I started on the same path. I knew nothing about the complex development process that occurs way before the houses are actually built. And once I began to be exposed to it I was hooked from the beginning! Keep it up!
Made it pretty easy, studying real-estate and finance and this was apart of my study and never thought of this concept so I'm super new into this LD teaching
It really is exciting. There is something so primal about taking a piece of raw, land and making it conveniently LIVABLE FOR PEOPLE!
This is really great content, a treasure for those who need it. Super informative and concise. I really can't thank you enough for posting this series. I am a green engineer and these videos helping a lot, so god bless you, Mat. I would like to request one episode regarding civil site grading plans. I kinda find them a bit difficult to grasp. Specially, I struggle with visualizing grade changes around the perimeter of the building and what locations might need retaining walls and so on. Thank you in advance.
Glad to help! We appreciate the suggestion and we'll see what we can do!
Same! Been in vertical now with mass grading outfit. Just started these but HUGE
This was great 👍. You make this really simple to understand. I always wanted to work in the housing industry. I started in 2015, but had a desire to learn about the construction and mortgage arms of the industry. I currently work in Land in an more Administrative position and this video is helping me to understand, beyond the paper work. I hear a lot about Grading, fine grading and rough grading, I will keep watching your videos and give you a thumbs up 👍 as a woman trying to understand everything.Four stars ⭐️⭐️⭐️⭐️
Thank you, Octavia. Glad I can help you extend your knowledge!
This is amazing. Glad I found this channel.
Glad you enjoy it!
There are a very few materials about this on the internet. I hope we could have more like this one! Thanks
Glad you like it! I hope that we can continue providing more useful information to help keep you growing.
Amazing. I’ve been waiting for content like this for a long time. Thank you for sharing.
I work on land development in Brazil, I’m eager for exchange knowledge and techniques.
Fantastic!
🇧🇷
Great overview!
I too appreciate this great content. It is invaluable. If you ever produce more of these, I would be interested in the financing of these steps, and hoops that lenders typically make developers go through in order to ensure the security of their loans
Thank you for the suggestion. I'll take that into consideration.
I"m subscribed thank you for sharing.
My wife and I started a read estate development business in 2018. We did one very small subdivision and are in the process of starting 2 more. This information is very helpful.
David, sounds exciting! Would love to see some photos or something.
Interesting. I'm interested in what you learned. Have raw land.
@@jenniferg6818 - You need to plan carefully (and long term), be patient and preserve cash . use other peoples money (lenders, banks, private)
great video!
I love this video. So helpful.
Glad it was helpful!
Nicely explained
GREAT VIDEO BRO!!!
Thanks a lot for helping me complete my project ❤️
Most welcome 😊
thank you!
Im taking the IBC ( International Building Code ) test for permit tech for the office of buildings for my jurisdiction. This was a helpful visual video fir people like me who learns visually.
That's the best way to learn!
Great job Bro
THANKS!!!!!!!!!!!!!!
me and my best friend are literally planning to build our own neighborhood when we are adults so we and our friends + families can live close together
That's a great goal!
Excellent
My future begins now! Looking to purchase a 8.2 acre parcel for building single family homes
The world needs to expand existing animal habitats on both land and in the oceans by 100x. Too much development of the land is taking away animal and natural habitats and too much fishing and netting is destroying and depleting the ocean. The human population has doubled since 1980s and it is continuing to grow out of control at a logarithmic rate. See the world population websites if you don't agree. Our planet has not grown to adjust to the human growth, so we as humans must learn how to balance our population and our dedicated land for Farming and living for humans, and habitats for animals. We must do this now before it is too late, and the passage of time and human greed erases all animal and natural habitats. Most people are narrow minded and think we can just live together however man in most all scenarios destroy habitats so there is no living together side by side. Natural and animal habitats must be protected and increased in size or the only animals we will have left are on farms and zoos.
Awesome
very helpful
I have 3 tabs open, viewing 3 diffrent properties with 20 acres each while watching this video and $400 dollars in my bank account 😅
😂
My dream is to build and own my own neighborhood of luxury homes, retailers, and community activity attractions. A mini city.
you should do one for site layout 101 if u haven't already. good, quick, clear, and to the point, explanation. subscribing!!
Thanks for the idea!
Jdhno
🔥🔥🔥🔥🔥
thanks for making these videos
Glad you like them!
Extremely helpful
Glad you think so!
I agree. Super informational and helpful. I know for the interest of time and this isn't a course in land development but I would like to know more. I watched other videos you have and interested in wanting to know some general info about land development. Is there a way I can reach out to you?
Absolutely! Through the website landdevelopment101.com you can find an email or a phone number to reach out.
Great video
Very cool
Thank you!!
Hello, would it be okay to put the dry utilities on top of the wet utilities to save on excav costs? im just wondering for sites with a stone subsurface
Great question. Most utility companies won't allow you to do that because if a water or sewer pipe is damaged and needs to be excavated, there's a chance that the dry utilities on top can become damaged in the process. As careful as some operators try to be on those machines, someone is not being careful and they rip through existing conduits and rip the cable inside because they don't see it until it's too late. It happens all the time.
Wonderful explanation now pl guide if someone has land parcel say 100 acres and land is not owned by the developer co. And some third person came in picture and acts as a buyer he gets registered few of those lands and not whole parcel.but he is not professional so he contacts developer who also is raw but having good social contacts, in such case what should be the first step, to get it surveyed or to appply for clu , as land is agricultural in nature.
And what should be the next few steps before starting boundary fencing
If I'm understanding this scenario correctly, the parcel is zoned for agricultural? If that's the case, and if the buyer wants to develop it, I would say the first step would be to see if you can get it rezoned. Because if you can't rezone it for what you want, then there's really no reason to proceed with surveys, studies, etc. It's a dead end.
does this apply to all states? I'm in Cali and feel like there would be a lot more regulations here than most states
Great question. I, too, live in California and this is definitely one of the more difficult states to develop in. That's why the homes are packed in so tightly on such small lots. That's the only way home-builders and developers can get the numbers to pencil out and make a return. But in general, everyone watching these videos should take it with a grain of salt. Please recognize that every state is different. These are great videos to build a foundation on, but be flexible enough to learn the different intricacies in your own area. For instance, other states install dry utilities in the backyards instead of the front. And some don't allow a joint trench. Every area is different.
thank you for your great vid. One question. in which phase do you deliver lots to homebuilders? after landscaping? or maybe after flat work? thank you in advance.
It varies. I have another video on this on my channel about the different lot conditions. If you're delivering lots as "FINISHED LOTS", then the lots are graded, utilities are installed and stubbed out to each lot, and the roads are paved. This way, the homebuilders can hit the ground running with vertical construction. You can also deliver the lots as "BLUE TOP", which means you're just rough grading the lots to it's final design elevation (and maybe roads to subgrade). Or you can even just take land through entitlements and still deliver that to a buyer.
On the average (or the range), what percentage of land space goes towards the infrastructure as shown in the video?
84% for land 16% for infrastructure
Great question!
How do you finance this?
Let say you buy 100 acres and want to develop it. How would you finance the land development and then finance the actual buildings/real estate. It would be awesome if you covered this, because I have no idea where I'm going to get the $100-$200 mil. needed to build my ideal community.
Great question if you have found the answer let me know
Normally how long or how many years land development takes before you can build the house?
It all depends on your area. Where are you located? Here in Southern California it's not uncommon to take 1-2 years. OR EVEN LONGER! It all depends on how "hairy" your project is and the baggage that's coming along with it. I'm in the process of building our own personal residence now. We started the planning/design process back in February and we are just now resubmitting our FINAL (fingers crossed) plan check for review. We're looking to break ground towards the end of this month. So this was about 9 months, but that's not including all the due diligence, market analysis, budgetary cost estimates upfront before we actually purchased the property. And that's just one house that did not require any underground development (all the utilities were already stubbed out to this lot). So you can imagine how much longer it would've been for a subdivision with more underground development and grading, etc.
Thank you, THANK YOU for this series! God will bless your business for blessing us with this information.
Where are you located? Do you have contacts in San Antonio, Texas?
I have a contact in Laredo, TX.
Thank you for this video, after which step is the actual structure built? I'm thinking after 7 right?
Typically once your streets are black (paved) you can do a lumber drop to start building your houses right away (assuming you have your building permits already). Your finish trades (landscaping, flatwork, and even your walls/fencing) will occur after it's built. And your finish grader would have 4 different mobilizations throughout the construction process. Once after the house slabs are poured (for the "rough pulls"), once to prep for flatwork, once to prep for landscaping, and one final time for the "final rake".
Land Development 101 you are a jewel. Haven’t made it thru all videos yet bc I’m taking each one slowly for understanding and taking notes. Once I’m done I’ll revisit the website for the budget plan y’all offer
What do you mean by fencing? Wouldn’t that be something done during landscaping and not while the land is still being dug up and moved around? And I probably misunderstood
You are correct. The fencing or walls would typically be one of the last things done. But sometimes it's advantageous to build your perimeter walls/fencing right after the rough grading is done just so you don't have to spend money on temp chain-link fencing (if your site is need of any sort of temp fencing for security purposes). But I've also seen that some properties don't need fencing at all because of where it's located, and so the walls and fencing are installed at the very end (and you would want it done before landscaping. That way the fence guys aren't stepping on and ruining all the fresh new plants).
What are the duties of land development manager.
Wow...the duties can range quite a bit. To name a few: meetings with the city and utility companies, pulling permits with the city or county, reviewing CC&R's and other project documents, meeting with engineers and other consultants, obtaining budget estimates, purchasing/contracting subs, managing the budget, managing change orders, etc.
It’s always been my dream to build my own neighborhood or neighborhoods…but I have no idea where to start.
Hopefully this helps! Be sure to watch my video on "Planning & Due Diligence" (and "How to Make an Offer"). Those videos go through some of those preliminary stages in the developing process.
Great info thank you for sharing
You bet, Monique!
How much does it cost to develop a lot for a 10 house project. Thank you
Depends. Where are you located? How big is the project?
@@landdevelopment1019 Orlando area
What is the job of land development manager
Wow...the duties can range quite a bit. To name a few: meetings with the city and utility companies, pulling permits with the city or county, reviewing CC&R's and other project documents, meeting with engineers and other consultants, obtaining budget estimates, purchasing/contracting subs, managing the budget, managing change orders, etc.
Lots of lots of work goes into this. Applications for rezoning and permits. Also lots of money required to do that. Great video though
Absolutely. Land development is not for the faint of heart.
Where are you located? Can you develop my lot in Austin, Texas?
Located in Southern California. But we have some clients from Texas. Feel free to reach out to discuss more.
Great information, I own 80 Acres of Flat land i am looking to develop a luxury subdivision with a single family home of 4500 square feet
GOOD LUCK!
Do developers lease land instead of buying?
I'm sure there are developers out there that do that. It's nothing something I have much experience with, though.
From start to finish what is the average timeline?
Depends on how big the project is and how extensive it is. Also, would your job have a lot of off-site improvements to do as well? It could be anywhere from 6-9 months for a smaller job (30 lots avg) or 12-18 months for a larger project (100+ lots). OR LONGER! Hard to say really, there are so many variables to it.
@@landdevelopment1019 I'm looking at getting into development. I do a bunch of dirt work In Texas as well as installing pipes and clearing land. I figured developing land is similar but with it's own issues of course
It’s sad that we’re taking a lot of the land from mother nature. But it’s inevitable and it’s amazing at the same time.
I understand your sentiment. But this definitely makes you appreciate those hidden rural treasures of a town found throughout the country if you ever find and visit those areas.
Please subtitle Indonesia
IM subscribers from Indonesia, and i don't understand English subtitle
Saya akan segera menerjemahkan ini. Terima kasih atas kesabaran Anda.
In
How much something like this cost?
Could be anywhere from $60k-$85k per lot depending on the amenities and improvements of the project! So if you're building a project with about 50 lots you could be looking at an average of about $3.75 mil! And that's just for the underground horizontal improvements!!!
@@landdevelopment1019 my lord 😣 so expensive!
@@jackieayala9860 Seriously!! Interesting to note that's why many of the houses in the SoCal neighborhoods have such small yards. So they can cram as many houses as possible into the project. That's the only way many of these developers/home builders can get a return on their money.
This industry sucks, especially in NJ. If you’re a civil engineer in land development, get out while you still can and go into transportation or working directly for a municipality, county, or state. Land development for private clients is all about tight budgets, low pay because the lowest bidder gets the project, high stress, insanely fast pace, long hours, being an expert in zoning, autocad civil 3d, grading, stormwater, utility design, and, you must be able to have excellent written and oral communication skills. Every project I’ve worked on in land development recently has been warehouses, which most towns don’t want, and high density housing. If the developer wants to make a last minute change, he won’t care how extensively it changes the design. He wants it done as fast as possible with spending the least amount of money possible while you also have other projects going on.
That's brutal. While it may not be as intense up in your neck of the woods, that is one thing all big home-builders and developers have in common, "GET IT DONE YESTERDAY!".
Please telugu
wow you like walls...lol
haha!
Your show was weak and in the beginning you said something about you would tell us about what not to do you said nothing about what we should not do. your show is just about land prep only.
The phrase was meant for my series as a whole, not the individual video. I'm sorry you didn't find this content helpful.
you're over complicating this, and a lot of this could be simplified with off grid technologies.
Interesting. Like what?
Its fine.