Manage episode 288215680 series 2342388
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
- It could go badly
- It may tick off private developers in your community
- The buyer will compete with other businesses in your market
3 Reasons to Consider Purchasing Land
- It locks in the price of land for deal-making
- You can be proactive in getting the land ready for sale
- Sometimes, we have to prime the pump