The subdivide-and-sell strategy involves buying a larger parcel of land, dividing it into smaller lots through the legal subdivision process, and selling those lots individually for more in aggregate than the whole cost.
Log in to followThis one got away from me because I trusted a comp set that was doing work I didn't understand. 62 acres, edge of a growth corridor, two road frontages, in a county that had been…
This is my first split and I did the underwriting from listings because that's what I had. My state is one of the roughly dozen where sale prices aren't public record, so the coun…
I manage rentals for other people, so the paperwork discipline should have been there. It wasn't. 46 acres on the edge of a growing exurban county, $9,400 an acre, $432k. Zoning w…
Seven lots on 31 acres, new 1,100 foot gravel road to county standard, cul-de-sac bulb at the end. I've built roads for other people for years, so this was supposed to be the part…
Under option on 27 acres, $5,000 option fee applied to purchase, 90 days to decide. Plan was four lots off what I thought was 400 feet of road frontage plus a shared gravel drive…
I wanted the version of land investing that has no surprises in it, so I picked the smallest split I could find and did it slowly. 9.1 acres in a county about 40 minutes from a mi…
I've been circling this business for a while without knowing which side of it I belonged on, and the first thing I actually finished was small enough that I could hold all of it i…