Ktl-icon-tai-lieu

COMMERCIAL REAL ESTATE INVESTING

Được đăng lên bởi tai-lieu-mien-phi
Số trang: 7 trang   |   Lượt xem: 224 lần   |   Lượt tải: 0 lần
C H A P T E R 11

Future Vision

The goals for this chapter are:
To Demonstrate the Benefits of Changing the Use of a Property
To Give You Insight on How to Accomplish This Goal
To Provide Examples to Help You See What Is Not Already There

A visionary is a person who is able to see beyond the present situation and imagine
what could be in its place. The ability to envision a new shopping center where there is
only a pasture at present, or new affordable homes in place of existing warehouses, is
invaluable in the commercial real estate field. This ability is something that you can develop and fine-tune—you do not have to be born with it.

209

C O M M E R C I A L R E A L E S TAT E I N V E S T I N G

You can learn how to do this by first understanding the benefits to you, and to the
neighborhood, of being a part of such future changes. The next step will be for you to
discover what is possible, which of those possibilities would fill a need for the neighborhood, and which of those would be financially viable.
This chapter is designed to lead you down that path to accomplish the three goals stated
above.

Key Words and Concepts to Build Your Insider Knowledge
Land Use Master Plan
Current Uses Allowed
Already Approved Infrastructure Changes
Rezoning Possibilities
Project Economics
Economic Conversion

Land Use Master Plan
Most states have mandated that each county should have an overall master plan to
enable better-planned growth and uses of land and to allow for a longer-range development outlook than previously possible. The cities within each county are then
given a timetable to bring their own development plan into sync with the overall
county plan. A major part of the countywide plan would be the placement of employment areas; population controls by means of density caps within zones estab-

210

Future Vision

lished by the county; and other elements that may include schools, parks, traffic
ways, and the like.
As with anything devised by man, no such plan is ever perfect, so there is an administrative procedure to effect changes in these plans. Cities have some leeway to make adjustments when development does not flow the way the plan had dictated, or when the
city or county itself needs change.
The overall county plans are generally designed to show what the different areas of the
county should ultimately be used for, and it is then up to the cities to zone those areas
according to the master plan. This procedure also has some flexibility. If the master
plan s...
209
A visionary is a person who is able to see beyond the present situation and imagine
what could be in its place. The ability to envision a new shopping center where there is
only a pasture at present, or new affordable homes in place of existing warehouses, is
invaluable in the commercial real estate field. This ability is something that you can de-
velop and fine-tune—you do not have to be born with it.
CHAPTER 11
Future Vision
The goals for this chapter are:
To Demonstrate the Benefits of Changing the Use of a Property
To Give You Insight on How to Accomplish This Goal
To Provide Examples to Help You See What Is Not Already There
COMMERCIAL REAL ESTATE INVESTING - Trang 2
Để xem tài liệu đầy đủ. Xin vui lòng
COMMERCIAL REAL ESTATE INVESTING - Người đăng: tai-lieu-mien-phi
5 Tài liệu rất hay! Được đăng lên bởi - 1 giờ trước Đúng là cái mình đang tìm. Rất hay và bổ ích. Cảm ơn bạn!
7 Vietnamese
COMMERCIAL REAL ESTATE INVESTING 9 10 648