The basic tenet of land development is simple: purchase land, hopefully at a low price, then sell it later, hopefully at a higher price. Generally, between those two steps something is done to increase the land's value, like subdividing and / or building improvements. Very simple in concept, yet unbelievably complex in implementation. This proforma spreadsheet and accompanying booklet takes you through the process, step-by-step, in plain language, with dollars made or lost shown clearly and graphically at the end.

The Proforma
This is the very software used by land development professionals who make their living (and fortunes) in this industry. It is loaded with on-screen help (no manual is necessary). A solved example is also included within the program with many sidebar notes explaining where each input comes from.

LoanCalc - Free!
Also included as part of the proforma is a free time value of money loan calculator. Calculate with ease:
- Interest payments
- Loan payments
- Amount of loan you can afford based on assumed monthly payments
- Interest rate - and more.

Residential Land Development - A How To Guide
Summary

This 50-page paper is intended for anyone interested in residential land development regardless of background, experience, or previous knowledge.

Specific topics include:
• Land development - risks vs. returns
•  Maximizing profit - tips and tricks
• The tax game
• Partners or investors?
• Borrowed money - the double edged sword
• Borrowing money and banks
• Purchasing and tying up land
• Feasibility and due diligence
• Consultants - which ones to use and methods of compensation
• Platting the land: boundary line adjustments,
short and long plats
• Developing land - step by step.
• Water - wells or municipal water
• Sewer - septic or sewer
• Storm drainage - detention, treatment, conveyance
• Access - roads, curbs, sidewalks
• Franchise utilities - power, telephone, gas, and TV
• Sales and profit
• The Proforma (Part 2)