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Updated about 3 years ago, 11/24/2021
Buying and Subdividing Land
Been kicking around the idea of buying larger acreages of land and subdividing and selling and/or renting. Trying to find any good recommendations on areas/states/cities where people have had increased luck with high profits and any ease when dealing with the process. I know there’s allot that goes into the process of subdividing especially when dividing multiple times. I’d like to take rural larger acreages split them into multiple 1-2.5 acre parcels bring in utilities or have them off grid depending on the area. Maybe build a shop with living quarters and let buyers build there own houses on parcels sold and maybe rent out some of the the other shop houses (Barndominiums) parcels for cash flow. We have the equipment to do the work but that’s only a small part. Any guidance or criticism would be appreciated.
Thank you