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Updated about 6 years ago on . Most recent reply

Assaf Kehati's profile image
Assaf Kehati's profile image
Assaf Kehati
  • from Brooklyn, New York
  • Member since Dec 31, 2015
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Assaf Kehati's profile image
Assaf Kehati's profile image
Assaf Kehati
  • from Brooklyn, New York
  • Member since Dec 31, 2015
Connect
Assaf Kehati
  • Brooklyn, NY
9
Votes |
58
Posts
Buying & Selling Real Estate

Buying an empty lot in Philly?

Assaf Kehati
  • Brooklyn, NY
Posted

Hi everyone,

I'm thinking of buying an empty lot in Philly and hold it for 5-10 years and resell as an empty lot.
Taxes are around $50-$100 a year on an empty lot.
I'm going to make sure that the zone permits residential house in the lot.
Anyone has any experience with this? Pros and cons and what to look out for?
Thanks!

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