DT #342: Should EDOs Purchase Land?


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By Jason Hutcheson and Develop This! Podcast. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Should private, non-profit EDOs consider purchasing land or buildings as part of the organizational work plan?

In this episode, Jason explores the pros and cons of doing so.

3 Reasons NOT to Purchase Land

  1. It could go badly
  2. It may tick off private developers in your community
  3. The buyer will compete with other businesses in your market

3 Reasons to Consider Purchasing Land

  1. It locks in the price of land for deal-making
  2. You can be proactive in getting the land ready for sale
  3. Sometimes, we have to prime the pump

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