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Updated over 4 years ago on . Most recent reply

User Stats

154
Posts
81
Votes
Timothy Douglas
  • Realtor
  • Austin, TX
81
Votes |
154
Posts

Scattered Lots of Land that nobody wants

Timothy Douglas
  • Realtor
  • Austin, TX
Posted

My friend inherited a Real Estate Company recently and I am trying to help him get it to the point where it cash flows well enough to help his mom out through retirement. Part of that is selling off all of their crappy, headache properties. A lot of them are random, small residential lots in a place that nobody wants. How should I unload them?

Most Popular Reply

User Stats

249
Posts
417
Votes
Matt Groth
  • Contractor
  • Grand Marais, MN
417
Votes |
249
Posts
Matt Groth
  • Contractor
  • Grand Marais, MN
Replied
Originally posted by @Timothy Douglas:
Originally posted by @Aaron K.:

@Timothy Douglas are the lots landlocked or not?  

If not you could probably sell them on the open market without much difficulty, if they are landlocked, then they are of pretty much no use to anyone unless one of the neighbors wants to give you an easement for access or they want to buy it themselves.

What do you mean landlocked? 

 No access.  Surrounded by other properties

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