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Updated about 11 years ago on . Most recent reply

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Andrew Tisdale
  • Real Estate Investor
  • Forest City, NC
1
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How can I market some land, and make a quick sell?

Andrew Tisdale
  • Real Estate Investor
  • Forest City, NC
Posted

I have an opportunity to by some land (@ 2 acres) for 8k, which is tax value for the raw land. One plot has a septic tank and well in place, both have a creek on it. It is rural land, but in a neighborhood with mobile homes. I would like to buy the land, and split it so I can keep an acre because it boarders my family farm. This would give me access to the backside of the farm to build soon.

How should I market his to make a quick sell, and what would be a good price to ask for a .75 acre plot with a septic tank, well, and creek access?

Land is not a hot commodity in our area at this time, but I still see this as a good investment opportunity. All advice is appreciated.

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Andrew, if it neighbored my property I'd buy it and hold it. If sales are slow I wouldn't go to the trouble of dividing until I had a buyer. Another neighbor might be your best prospect. :)

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