As a small investor myself and working with other investors, owning or investing in real estate can come in many ways. Subdivision is one of the interesting topics I want to talk about. I haven't done this, but I would love to try to subdivided a land if I buy an acreage in the very future. Developers would either buy already a subdivided land from land developers or they do it by them selves. Land development may take time because of application on re zoning. Having the experienced to work with developers, reading so many development books and selling pre sales--once you have the permit ready and depending where you are, a building may take 18 months or more to built while a detached house is only 6 months.
For example, East Vancouver single RS1 is about 30X100 lot size. What if you have an old house and you have a double lot of 60X100. You know your house has no more value, but the land is double and you can subdivided it and sell the two lots. This is one good way to invest in real estate.
For further information about subdivision. Please click the link.
http://www.th.gov.bc.ca/DA/subdivision_handout.pdf
Thank you for reading!
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