Best Practices for buying land to hold
2 Replies
Sean Ade
Real Estate Agent
posted 8 months ago
Hey everyone...looking for some advice on purchasing land in North Carolina....there is a nice empty 47 acres of open land for sale and trying to figure out if it's a good buy or not. The first "red flag" that i noticed is that i's close to a water treatment plant. Does anyone have experience buying land to hold that would be open to talking about best practices?
Pavan Sandhu
Developer from Sacramento, CA
replied 8 months ago
some call it land mining
Henri Meli
Investor from Morrisville, North Carolina
replied 7 months ago
@Sean Ade I'm curious if you bought the land. What part of NC is it in? How long are you planning to hold. Some cities in NC are really growing very fast.