Three Starting Principles

Pisani and Pisani in their book How to be a Successful Developer, gave 3 principles in buying land. They are:

  • Buy in an (geographical) area that is familiar to you.
  • Always buy in the area of growth.
  • Start small (try building 1, 2 or 3 single family homes).

By going through the process; you would have learnt invaluable lessons with lower risks and the opportunity to learn from mistakes.

We can use these 3 principles in other areas of our lives.

  • Start in an area that you are familiar.
  • Start in the direction that offers the best potential
  • Start small.
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