Land Search group meeting

Oct 14 2008 - 19:00
Oct 14 2008 - 21:00

At Ken & Mary's

Let's start formulating a plan

Land Search Meeting Agenda

Here are a few Agenda items that come to mind. Please add to this.

1 Funding. What is a realistic estimate of capital that can be raised for this project? Up to what percentage of property value could be financed? How to structure investments, for what term, etc.

2 Criteria for ranking a site. Eg: Topography (flatness, drainage, trees/obstructions), Amenities (water, hydro, buildings), Proximity to controled air space, Proximity to membership, Proximity to neighbours, Potential return on investment (local leased land market, potential for future development), Price range.

3 Location. What areas to consider and areas to rule out.

4. What do you get for your

4. What do you get for your investment? What do you want for your money? Do you expect an income/dividend from your investment?

5. How to sell others (into investing)?

6. How to get out of the investment? Who can you sell your share to? at what value? "Widow's claus"

7. What activities are allowed on the site? Other revenue streams. Club vs Commercial activities (HG related or not) (Schools, tandems, etc). Camping? Trailer sites? Other hangars? Buildings storage. Prioritize uses.