Are you planning on renovating your investment property? If so, then you might need a plot plan. However, some homeowners don’t realize they need this plan until they are ready to begin their build. This means they have to put their projects on hold. But what is a plot plan, and why is it so important? Below, we’ll explain the purpose of this document.
What is a Plot Plan?
So what is a plot plan? Well, it’s basically a detailed sketch of your plot of land and everything on it. This plan is created after a land survey. It includes the exact locations of all buildings, including sheds, swimming pools, or anything else that has been built on your property. It will also include details on your landscaping and your official property boundaries.
Who Needs a Plot Plan?
A plot plan is important if you want to build on your property. You will need it in order to get zoning approval or if you need a permit. They are also important if your property is in a remote area, as they show your exact property lines. Finally, a plot plan can be helpful to contractors or landscapers if you are planning new projects but need professional advice before moving forward.
Can I Draw The Plan Myself?
Lots of people draw their own plot plans. This is a great option if you need the plan created quickly. However, some people are more comfortable hiring a surveyor. This is especially true for people who have large plots with many different features. Whether you create the plan yourself or hire someone, it’s easy to get this document.
Where to Learn More About Investment Properties
If you are ready to invest in real estate, then call Red Door Funding. We can help you navigate the process and also offer you financial advice. Our team makes the process easy so that you can enjoy the journey! Ready to get started? Take the first step and call us today!