Episode 408: Chicago Suburb Land Development with Jim Paul

Oct 23, 2025

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Jim Paul, Director of the ALPS Group, has over 2 decades of experience in land development and receivership.

Jim jumps right in by discussing an early 21-acre land development deal and the hurdles he dealt with there! He breaks down his Tuscan Hills and Canterbury Lakes projects - residential developments in Will County, IL. Jim explains how to get creative with land development design and how to finance these projects. Throughout the episode, Jim repeats the importance of due diligence to mitigate risks and protect yourself and your investors!

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Guest: Jim Paul, ALPS Group | Call Jim: (815) 469-3800 | Email Jim: jmp@TheALPSGroup.com

Link: Lee Iacocca Autobiography

Link: Building Industry Association Chicago

Guest Questions:

02:21 Housing Provider Tip - Considering replacing older appliances instead of spending on repairs!

03:25 Intro to our guest, Jim Paul!

05:40 Developing a 21-acre property with limited experience!

14:28 How to source land deals.

24:27 Getting creative with land development!

29:02 Financing land development.

34:03 Lessons learned from 20 years of experience.

35:45 The ins and outs of receivership.

52:22 Jim's plan for the next 5 years!

55:31 What is your competitive advantage?

57:25 One piece of advice for new investors.

58:41 What do you do for fun?

59:00 Good book, podcast, or self development activity that you would recommend?

60:50 Local Network Recommendation?

62:07 How can the listeners learn more about you and provide value to you?

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Production House: Flint Stone Media