Land Development Calculations - Ask the Instructor

Ready to pass the Florida real estate exam?
Then you need to understand the fundamentals of real estate development calculations. In this video, instructor Jon Carissimo walks you through the process step by step, giving examples that demonstrate both residential and commercial land development calculations. Learn how to calculate the number of lots given zoning regulations and land allocation for streets. Plus, discover how to factor in an investor's profit and other costs to determine a minimum lot price for a successful investment. Don't miss out on this essential knowledge when it comes time to take your real estate licensing exam!
This week’s episode will cover calculating land development costs to comply with zoning and turn a profit. Prepare for your Florida Real Estate exam with these exam prep videos. For more exam prep tools or to enroll in a Florida real estate license course visit TampaSchoolofR...

[@JuancoPRoFlow]

10 percent profit is way too little for all that work or if the development doesn't go as planned, your profit is gone! Minimum 25 percent at the low end 40 percent high end. 30 to 35 ideally

[@Akeem_768]

I thought the same thing, ain't no way we do all that just for 10% & still have to state & federal taxes out of that 10%

[@tavareskudinda733]

This is great. I am in Canada-Vancouver, and I found the info very useful. I am a brand new developer and this is simply great.

[@tsre]

Thanks so much Tavares! We're glad this helped you better understand!

[@kbrahm1214]

Gteat calulatuons
Looks like devlopement cist double is too high, can be down little bit less
Great vide

[@MariaLuzBuenaventura-fs9xc]

So That is calculation in U.S. Land for Development
for Residentials?
for Industrial ?
for Commercial units?
"To Maintain the High Value of Property"
and of course Good Order of Lands and Environment among owners of land within a specific group or area or Zones

[@m.bilalkhan8856]

How the developed area is worked out from the raw land???

[@rebeccaxh6886]

Hi! Thanks for this informative video. I'm picking up land development for my job requirement. Really help me alot.

[@tsre]

Thanks for Watching, glad we could help!

[@martymaranan7191]

Excellent.

[@BossChronicles]

Ok soo i love real estate i'm always online reading articles searching which cities are developing and booming getting new hotels house building you name it i find it fascinating and exciting it's like bOX office what career would involve these things ? Real Estate development?

[@andrewbillingsley4483]

Thanks for posting this. How did you determine that the building costs are twice as much as the costs to buy the land?

[@12dollacigarette]

Just a rough number for that example. The actual amount will depend on many factors: location, terrain, economy, etc

[@11227denis]

Do you have a video where you break down development costs?

[@darleneempuerto238]

your video is very informative. I am about to have my on the job training this month. and i was assigned to land development. thank you for these informations.

[@tsre]

Thank you for watching! Glad we could help you better understand real estate!

[@taronyoung5768]

I have two opportunities in MO. I am looking for finance partners and a mentor? How can I go about attracting these people? I am new and fell into an opportunity!

[@caldelt]

Dude. 50Ksf for roads in 100 acres? You're making your school look horrible. 25% is ambitious, so try 1,100,000sf. You're off by a factor of 22. Not insignificant. Luckily I'm just here to see the quality level of videos before I decide whether or not to produce my own. University of Southern California knows land development prepared me exceptionally well to hit the ground running. Unfortunately, they've bought into the social justice victim mentality BS so I'm glad I'm not there now.

[@CorbinBeeson]

Greg Martin so true, allowing 50k for roads would give u a straight road for a fraction of the lots..

[@TheChachona]

There is a lot of BS in this video

[@clayharvin]

I’m glad I’m not the only one…

[@bakerkon]

Way too much focus on simple math calcs and not enough information about the actual real estate development. In addition to providing land for roads, you will also need to provide land for parks, bring utilities to the site, contribute to construction of a school or fire station, etc. Also, 10,000 SF for roads on a 100-acre site doesn't seem adequate. Some people may find Acre to SF conversion tutorial useful though .

[@NelsonH007]

Way too much focus on what this video is missing and not on what it's intended for. Gee maybe that's why the video is titled "Land Development CALCULATIONS", the 10,000 SF for roads on a 100-acre site was obviously not realistic it was just to show the CALCULATIONS and keep it simple.

[@nehemiahstewart]

Check the title of the video dude.

[@realitycheck1018]

Wow, 20 minutes and all I got was...make room for the roads... Talk about repeating yourself....over and over and over.

[@TheChachona]

C'mon be serious u are not an urban planner. Stick to property development.