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Updated about 8 years ago on . Most recent reply

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65
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6
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Joe Kato
  • Real Estate Investor
  • Albion, RI
6
Votes |
65
Posts

Income ideas for 100 acres of woods in Connecticut Rhode Island

Joe Kato
  • Real Estate Investor
  • Albion, RI
Posted

Under contract for additional property next to primary residence. 3 lots, sub-dividable, 2 miles from Interstate, 20 minutes from ocean, but in the quiet woods. Looking for ideas how to turn positive ROI on this land.

  1. subdivide and sell lots? (costly to do survey, septic, wetlands, engr)
  2. build cabins in woods for AirBNB weekend getaways?
  3. Build 2 small homes on existing lots for long term rentals
  4. build affordable housing 8-30 g community
  5. build runway and make fly in community
  6. Sit on land and enjoy bigger yard/woods.

Other viable ideas?  Best idea?

Most Popular Reply

User Stats

1,102
Posts
824
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James Mc Ree
  • Rental Property Investor
  • Malvern, PA
824
Votes |
1,102
Posts
James Mc Ree
  • Rental Property Investor
  • Malvern, PA
Replied

Contract with a logging company to harvest your trees while you decide.

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