Understanding the expected ROI can help you gauge whether the project is financially worthwhile. Is the return worth the risks you’re about to take? This is a fundamental question that every investor should ask. Typically, this depends on the location, property demand, and overall market conditions.

When it comes to real estate, timing is everything. Ask for a clear timeline regarding project completion. Delays can increase costs and lower potential returns. Having a realistic schedule helps you plan your investment better, especially if you have a timeframe in mind for when you’d like to see returns.

Location is one of the most important factors in real estate development. You should ask about the property’s proximity to schools, businesses, and transportation hubs. Areas with good infrastructure tend to have higher demand, translating to better returns.

Understanding the full development costs is critical. This includes not just the price of the land but also construction, permits, and other associated fees. Knowing the true cost of the project will help you budget more effectively and avoid unpleasant surprises down the road.

Financing is a major part of real estate investment. What are the financing options available to you? Some developers offer in-house financing or partner with banks to provide special deals. Ensure that you have a clear understanding of the financial commitment required.

After the property is built, maintenance costs can start to pile up. Ask about who will be responsible for maintaining the property and what those costs are likely to be. A property that requires minimal maintenance could lead to higher profits in the long term.