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NEED HELP with subdividing land!
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.