Real Estate Investing-Developing Your Land, Surveying, & DD

Name: Real Estate Investing-Developing Your Land, Surveying, & DD
Rating: 4.4 (16 reviews)

Pt. 3-Dive into real estate due diligence docs like, ALTAs, title, geo & phase 1 reports, + site planning & design.

Created byKevin Michael

Last updated 1/2023

English

What you'll learn

Detailed lessons about ALTA surveys, what they do and what they show you about raw land or already developed properties.
The ins and outs of geotechnical reports, what they are, their importance and purpose in development and construction.
Phase 1 and Phase 2’s – how to read them and what to look for to make sure your property is clean (and tips for making your bank happy & not blowing timelines)
Understanding title commitments, owners/seller obligations plus understanding the role of a good real estate attorney in the process.
Best practices for hiring a design team and how to keep them organized for a successful pre-development phase and tight timelines.
How to maximize a site and layout the property with your design team. Tips for site planning, understanding topography and maximizing efficiency.

Course content

1 section • 7 lectures • 1h 36m total length

Hiring Your Design Team12:44
Geotechnical Reports9:58
Phase 1 Reports & Reliance Letters7:08
Phase one due diligence reports identify potential environmental contamination via historical data and site visits, with an executive summary outlining risks and a reliance letter for bank updates.
Alta Surveys18:14
Understanding Your title Commitment19:38
Hiring Your Design Team12:44
Hire an architect and assemble a design team of electrical, plumbing, mechanical, and structural engineers. Prioritize geotechnical, civil, surveys (alta/topo), and fire sprinkler planning, plus deferred submittals to avoid delays.
Laying Out Your Site Plan16:15

Requirements

Perfect for students or for existing RE pros who want to learn key insights from institutional partnerships.

Description

Get detailed "how-to's" that show you precisely what needs to be done so you can talk the talk, grow your career and get deals done successfully. You'll learn from actual contracts, agreements, construction plans, and forms so you can be confident working with architects, engineers, lawyers, funds, and other advanced real estate pros and investors.

"I have spent thousands of dollars on classes and seminars that wasted my time and money without teaching me anything new..."

This course was designed to be the opposite of that.

In this course, we walk through the pre-development process and learn about critical due diligence documents. Learn how to hire a design team and structure your team and also the keys to laying out your site with a budget in mind to maximize the development and make the highest returns possible.

What you'll learn...

Reviewing ALTA surveys - Understanding easements, right of ways, utilities, and more.
Title Commitments - Understanding your report and going through schedule b items, understanding easements, CC&R's, REA's and more.
Geotechnical Reports - what to look for in them, understanding the soil conditions and what it means for your building.
Phase 1 reports and Reliance Letters - making sure your property is clean and that your bank is happy.
Hiring a design team - What to look for in architects and engineers and understanding design team project management for your development.
The beginning steps of laying out a site, understanding topography, and how to make initial design choices to avoid breaking your construction budget from the start.

Who this course is for:

Imagine following a developer for a day, seeing how they make decisions, learning how they negotiate, structure deals, and find properties that grow their business. Get insights on how the business actually works and learn advanced topics in a simple format. Part 1 of this series covers how partnerships are formed, fees, putting together deal pitch decks and so much more.