Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

265
Posts
41
Votes
Edwin De leon
  • Investor
  • bronx, NY
41
Votes |
265
Posts

Selling A Lot Have Questions

Edwin De leon
  • Investor
  • bronx, NY
Posted

Have a family member who owns a lot in Pennsylvania and doing some research to help him. The lot is part of a community with about 157 homes in the community in PA.

1) If we wanted to send a postcard to each of the 157 home owners in the community where the lot is located presently and offer them a raffle chance of $100 to owning the lot is this legal to do this and what is the best way to handle this legally if this is allowed

2) If the lot does not pass the perk test - what suggestions do you have on what to do with the property can i still offer a raffle on the property and what other ideas do you have at least get some money out of it 

Most Popular Reply

User Stats

1,433
Posts
423
Votes
Jill DeWit
  • Investor
  • Scottsdale AZ
423
Votes |
1,433
Posts
Jill DeWit
  • Investor
  • Scottsdale AZ
Replied

@Edwin De leon

Why not market and sell for them? Even if you just list it on something free like LandWatch to get the phone ringing with interested buyers?

By only targeting that small local list you are missing a ton of interested buyers. Now with resources such as Google Earth we can really get a great view of properties. I have had many sales with out of state buyers, that never see the property until months after they own it.

Hope this helps! Jill

  • Jill DeWit
  • Loading replies...