Purchasing Land and Building Utility Line

[Angela W.]

I'm thinking of purchasing land from the outskirts of large cities than building out the utility lines so they're ready for purchase. The issue is how long I'll be sitting on them since the economy is slowly going down. In particular, I'm looking into Texas. Any insight from investors and developers?

[Daniel Martinez]

we purchase land in the outskirts of cities and just sell. We don't do anything to the land usually. We do 6 figure deals frequently. 

Don't hold, just buy under value and sell at full price.