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General Landlording & Rental Properties

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Kaohu Seto
  • Honolulu, HI
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Raw land aquired, but dont know how to make money off of it

Kaohu Seto
  • Honolulu, HI
Posted Dec 21 2014, 07:32

Hello BP world, looking for advice

    My family has recently acquired raw land after a loved one passed away, a small parcel that was apparently split up 6 ways, we own 3/6 of the land, the rest is own by other family members. The idea was that land stays in the family name.

My parents want to just sell the 3/6 portion to the other family members just to get rid of it (but i assume they just don't know what to do with it, or it would cost too much money that they don't have in order to do something with it). So I'm taking it upon myself to do some research and reach out to the BP world for some advice on how we could keep the 3/6 portion of land and somehow make money off of it. 

Any ideas would be greatly appreciated 

Thanks

Kaohu

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