DT #342: Should EDOs Purchase Land?

<p>Should private, non-profit EDOs consider purchasing land or buildings as part of the organizational work plan?</p> <p>In this episode, Jason explores the pros and cons of doing so.</p> <p>3 Reasons NOT to Purchase Land</p> <ol> <li>It could go badly</li> <li>It may tick off private developers in your community</li> <li>The buyer will compete with other businesses in your market</li> </ol> <p>3 Reasons to Consider Purchasing Land</p> <ol> <li>It locks in the price of land for deal-making</li> <li>You can be proactive in getting the land ready for sale</li> <li>Sometimes, we have to prime the pump</li> </ol>