Buying and Developing Rural Property
When looking for property to develop, the number one consideration is: what is the market in the area you are considering developing in. (This is also good to know if you are just looking to buy a personal home site.) You need to know what property is selling for in the area you’re looking in to develop….and don’t pay too much for the land tract you are going to cut up into home sites!
The second consideration is determining your cost ratio. ...
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