Perfect-Real Estate-Development


Frequently Asked Questions

Types of Development Work
1: Land Banking

The “Land Banker” acquires or holds undeveloped or “raw” that he believes will become attractive for

future development through general and broad market trends or perhaps.

2: Land Packaging

The “Land Packager” buys the raw land from the passive land banker and then improves the value of the

land through conceptual land planning, zoning changes, financing schemes, or other “paper enhancements” like title insurance, accurate surveys, or environmental studies.

3: Land Development

The “Land Developer” buys the land with the paper enhancements from the land packager and then improves the land so it can be sold as finished building pads to building developer.

Stage 4: Building Development

The “Building Developer” buys the finished pad from the land developer and then does the vertical development by constructing the building improvements.

5: Operating

The “Building Operator” leases up the property, manages the property, and develops a building

operating history so it can be sold to other building operators. 6: Renovation

The “Property Renovator” buys the property with substantial economic and/or physical depreciation and creates value by curing these deficiencies then re-positioning and operating the building until the property is ready for redevelopment.

7: Redevelopment

The “Property Re-developer” buys the property with such serious physical or functional deficiencies that

the improvements must be torn down and/or re-developed for another use.

Eight Categories of Tasks in Each Stage of Development

The tasks that need to be accomplished in each stage of development can be divided into eight major categories.

  1. Acquisition
  2. Financing
  3. Market Studies and Marketing Strategies
  4. Environmental
  5. Approvals and Permits
  6. Improvements
  7. Transportation and Accessibility
  8. Disposition


As you real estate your Development Project Managers, we are used to constant chaos. We find facing new situations and challenges on a daily basis thrilling.

Daily responsibilities include:
  • Troubleshooting
  • Visiting land plots and properties
  • Balancing the books
  • Meeting with workers, contractors and investors
  • Responding to press outlets and local organizations
  • Scheduling and time management
  • Ensure that buildings and properties are up to code
  • Researching new projects
Step 1: Select a location

We do the research on your desired area to develop and the real estate niche you want to fit into. Do you want to focus on residential projects or commercial? Does the market present any great opportunities right now for you as investors? Will you be partnering with others in a market you’re less familiar with? Selecting a location is about committing to a niche, market and strategy as much as it is about finding a good deal.

Step 2: Build a trustworthy team for you.

As your Development Project Managers, we will be working with and relying on a lot of different people. From other developers to real estate agents to lawyers to architects to plumbers to day workers.

Step 3: Arrange financing

Unless you have capital saved up, you’ll also need to find a partner investor to fund your desired project. We can help by meeting with them, expressing your needs and showing them the return they’ll be making by joining your project.
If you prefer to take out a commercial loan, we can help you with that too.

Step 4: Make a timeline

It’s no secret that real estate projects historically struggle to meet deadlines. Holding every person involved to a hard deadline, all the while budgeting in some wiggle room behind the scenes is a smart way to make sure the job gets done on time.

There are several stages of Real Estate Development In each stage, the developer achieves certain tasks by spending money, using unique talents and skills, and in the process taking risks to increase the value of the property.

In each stage, the developer must answer the following questions:

  • Can I do what’s got to be done?
  • Do I have the necessary skills, resources, time, and team support?
  • Can I take the risk of failure? and

Can I create real value?

Interested In Investing In Ohio?

Don’t go it alone our development support services are tailored for new as well as active investors

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