5 quick tips for community land project success
1 - Have a broad set of skill sets within your community; eg’s lawyer, accountant, architect, builders, fundraisers, permaculturists, natural builders are all really useful skills to have. Consultants offering skills to the project can also invest at a reduced rate to cover the services they provide to the project, v important in the set up phase to reduce cash outlay + ensure skills are met inhouse where possible
2 - Select a site that is (ideally):
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already permitted for temporary dwellings / short term accomodation
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within one hour of an urban center
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has a fresh water source onsite (test bore holes to confirm drinkable)
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has clay deposits and plenty of trees (for use in construction of dwellings and infrastructure)
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adequate rainfaill in region
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test soil to ensure good for growing
3 - Prioritise creating small businesses on the land to earn cashflow early on - example: off grid glamping tents hosted on Airbnb and Hipcamp
4 - Do not take on debt: raise investment funds by offering long term leases or company shares to your investors/community members. Create a separate non profit legal entity for your project to protect from liability and enable applying for government grants.
5 - Get to know your co-investors well before investing together, develop relationships of trust, discuss in detail your vision and intentions and come to clear agreement on this through written bylaws