Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Land & New Construction
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 8 years ago,

User Stats

11
Posts
4
Votes
Justin Bioc
  • Massachusetts
4
Votes |
11
Posts

Bare Land in Kissimmee, FL

Justin Bioc
  • Massachusetts
Posted

Hi! Not sure if this is the right forum to be posting this particular question, but my parents have a plot of land in Kissimmee that they want to make some money off of. They bought it years ago with the intention to eventually move there, but at the end of the day, ended up staying where they are now. This plot of land has been costing them money in taxes, maintenance, and other all kinds of fees. It's essentially been cash sink hole. 

We don't know anything about developing or even how the market is doing there. They are trying to sell it, but no one seems to be biting. The realtor they last hired to help them sell it was asking they pay around $600 to get the land surveyed and assessed to see if it was buildable. Is this normal? 

Any advice would be much appreciated. We wouldn't mine someone who could develop and split the proceeds or just paying a builder and using the land to generating income with a rental. If you need more details, just let me know, and I can get them. Thanks!

Loading replies...