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Updated about 10 years ago on . Most recent reply

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1,270
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Trevor Ewen
  • Rental Property Investor
  • Weehawken, NJ
704
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1,270
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Empty City Lots

Trevor Ewen
  • Rental Property Investor
  • Weehawken, NJ
Posted

I would like to hear from investors who have bought empty lots in an urban area, or just outside an urban area. I am interested from two perspectives:

1) Buying to sell as a lot. Essentially a longterm 'lot flip' based on the growth of the area or a neighborhood.

2) Buying to build. Building a new development on the site.

Interested in hearing from anyone with experience. Bonus points if you have done this in any of the following metro areas:

Philadelphia, Pittsburgh, Louisville, Chicago, Richmond, Hartford/Central Connecticut

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