5 Things Atlanta Land Investors Need to Know

Stop! Investing wisely in raw land can add cash flow to your monthly income and build wealth and passive income for your retirement years. It is worth investing the time to educate yourself on the passive income earned by investing in land in Atlanta. The best practice is to cover all your bases before making your investment. Successful land investments and developers understand the details that land investors must plan for in advance. We will cover five things Atlanta investors need to know.

Subdividing Land

Whether you subdivide land into two pieces of property or hundreds of tracts, Atlanta, investors need to know what is required to achieve proper planning and the use of trusted methods to determine value to buy at the right price. While you’ll find this a highly profitable endeavor, there are many aspects to dividing land into smaller parcels which requires you have a robust support system in place.

Zoning Laws

Zoning exists to enhance the lifestyle and working efficiency for Atlanta residents and businesses by division into planned zones. Property can be affected by multiple zoning regulations, such as aesthetic and environmental. You need to investigate zoning in Atlanta, which is governed by laws or ordinances, to ensure the designation for the area suits your goals. You’ll also need to check out any restrictions that govern the use of the property to ensure that any use for the land that you may have planned will be permitted. 

Changing Zoning

Perhaps you’ve found your perfect location. If the zoning isn’t quite right for your dreams, one of the things Atlanta investors need to know is that you can change zoning or get a variance or exemption. Contacting the Atlanta zoning department is your first step, and they will guide you through getting the process started. Your chances of success increase if the current zoning hasn’t kept up with progress and doesn’t suit the area any longer. This change is likely to increase the value of the investment as well. Naturally, you’ll want to attain legal assistance to avoid missteps. 

Building Costs

As an investor, you need to know the costs for building on your land in Atlanta. Calculate expenses such as preparing the ground materials, builder costs, landscaping, and any add ons the builder doesn’t include. You will need full details on everything they do provide for their price. You’ll also need to consider the post-construction charges to market. And because construction can be fraught with delays, a plan for holding and maintaining the property until it sells, and all of the expenses that go with selling, including closing costs for new construction.

Location

For most land investors, the best locations are nearer to more developed areas, which provide a higher quality of life through efficiency, convenience, and public amenities, such as parks and recreation. The less real estate is available and the higher the demand, meaning an increase in value and growth stability over the long term in appreciation. Atlanta investors need to know the real estate market intimately to find the best location for their investment. It is essential in real estate to earn and maintain your returns over time. Narrow down the area of Atlanta you want to invest in first, and then zero in on the location of the specific site. For instance, a corner lot in a neighborhood is highly desired and holds higher value. 

Working with an experienced investor for guidance like the experts at Resideum, LLC will ensure that you stay on top of everything Atlanta investors need to know. At Resideum, LLC, we make it easy! Call Resideum, LLC at (678) 710-6130 or send us a message today!

Get More Info On Options To Sell Your Home...

Selling your house these days can be confusing and challenging. Connect with us or give us your info below and we'll help guide you through your options.

What Do You Have To Lose? Get Started Now...

We buy houses in ANY CONDITION in Atlanta. Sell my house fast in Atlanta! No commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call (678) 710-6130...
  • This field is for validation purposes and should be left unchanged.