Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

60
Posts
92
Votes
Angela W.
  • Attorney
  • Houston, TX
92
Votes |
60
Posts

Purchasing Land and Building Utility Line

Angela W.
  • Attorney
  • Houston, TX
Posted

I'm thinking of purchasing land from the outskirts of large cities than building out the utility lines so they're ready for purchase. The issue is how long I'll be sitting on them since the economy is slowly going down. In particular, I'm looking into Texas. Any insight from investors and developers?

Most Popular Reply

User Stats

60
Posts
92
Votes
Angela W.
  • Attorney
  • Houston, TX
92
Votes |
60
Posts
Angela W.
  • Attorney
  • Houston, TX
Replied
Quote from @Daniel Martinez:

we purchase land in the outskirts of cities and just sell. We don't do anything to the land usually. We do 6 figure deals frequently. 

Don't hold, just buy under value and sell at full price.

What's your evaluation method to purchase land?

Loading replies...