Updated almost 17 years ago on . Most recent reply
So I bought some land...
I bought 0.13 acres of land at an auction for $8000. Kinda smallish, but there are tons of houses all over my area that are on 0.10 or even 0.09 acres. One major challenge is that this land is land-locked. There are houses and business buildings and apartments all around it. Now, my first idea with this was to just pave it over and build parking/storage for the apartments nearby. Of course, I can always just sit and hold it till someone needs the space and buys it from me. Another idea that popped up was some co-workers suggested growing stuff on it. Watermelons or pumpkins or something and sell it at the local fruit stands. The house right next door grew those giant sunflower plants. At the very least, this will cover yearly property taxes of a few hundred dollars. :mrgreen: My wife says to just flip it thru the MLS. I suppose I could just buy the house right behind this land and combine the two and rebuild a nice, big house. All good ideas. Now, I just have the dilemna of choosing which one. haha! Any suggestions? Or any other better ideas?