Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed
Eppraisal
FEBRUARY 7, 2023
Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. If the lot is zoned for commercial use, they do well to develop it as a retail space or other business, and later serving as the landlord.
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