Simply put, LandBanking is buying pre-development land in the path of urban growth and holding it for future sale or development.
Finding land to buy is easy — but finding land that meets the criteria for successful LandBanking can be more complex. You need to be able to answer the following questions:
1. Where do you find land in the path of urban growth and development?
2. How much money do you need to get started?
3. Where do you get financing for it?
4. How can you be certain it’ll attract the attention of developers down the line?
5. What key infrastructure features are needed to successfully LandBank property?
Finding the answers to these important questions, then locating a piece of property that fits the necessary requirements to LandBank successfully is a daunting, lengthy and laborious task. Additionally, properties that meet these requirements are often unaffordable to individuals looking to participate.
That’s why we created this blog. We want savvy individuals to have a space to share ideas, and learn how to take advantage of this unique real estate ownership opportunity.
This blog is here to illustrate the difference between successful LandBanking and just owning land.
