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Updated over 6 years ago on . Most recent reply
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Newbie here: anyone have advice for investing in lots?
Wanting to get into real estate investing and wondering about empty lots. The area where I live has 2 lots that are vacant. They are overgrown and not well advertised. i live within 10 minutes of a large plant that is opening 2 more facilities in the next 2 years. I have the cash to pay for the lots, and wondering if anyone has advice. I was thinking buy them, clear them, and post for sale by owner and see what happens. Worst case scenario build houses on the lots and sell the house? Any help is appreciated!