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Updated 3 months ago on . Most recent reply

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Brooke Adams
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95
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Do you prefer clean lots or discounted lots with challenges?

Brooke Adams
Posted

When looking at land, do you prefer lots that are ready to go (utilities, straightforward layout), or do you lean toward discounted lots that may have some challenges? I’m trying to understand how different investors weigh ease vs upside. Do you find the “problem” lots are worth it, or do they usually take more time and money than expected?

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Denise Supplee
#2 Multi-Family and Apartment Investing Contributor
  • Realtor
  • Willow Grove, PA
562
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829
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Denise Supplee
#2 Multi-Family and Apartment Investing Contributor
  • Realtor
  • Willow Grove, PA
Replied

Hi @Brooke Adams, nice to meet you here on BP. So the “problem” lots can be where the real value is, but only if the issue is clearly solvable upfront. If there’s any uncertainty around zoning, utilities, or layout, I usually pass. Those are the ones that drag on and eat into returns. 

  • Denise Supplee
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