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Updated almost 7 years ago on .

User Stats

16
Posts
5
Votes
Igor Kalabukhov
  • Cary, NC
5
Votes |
16
Posts

NEED HELP with subdividing land!

Igor Kalabukhov
  • Cary, NC
Posted

Alright, this is the situation.

I currently have a lead that is in desperate need to sell their property. It is a 6 acre property that has a manufactured house sitting on it. I am looking into strategies for this situation and wanted to look into the idea of selling the home and subdividing the land.

I am not entirely sure how the subdivision process goes so I am looking for explainations or resources on that, as well as how to analyze the potential profitability on subdiving. Meaning how do I calculate if there will be a profit from subdividing. 

I greatly appreciate all of your responses, and thank you in advance.