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Should I buy a lot for $5000?

Posted on 4/24/20 at 6:40 pm
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/24/20 at 6:40 pm
It's an over grown lot in a run down neighborhood without a paved road. I could buy it and clear it and sell it for 7-10 thousand. It would be a fun project and teach me about flipping land.

I've also considered building a home on it and selling. Im going to go look at it in the morning. Its only 35 minutes away from the house.

.19 acres wooded in a sub division.
This post was edited on 4/24/20 at 6:41 pm
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
45572 posts
Posted on 4/24/20 at 6:40 pm to
Absolutely
Posted by Brosef Stalin
Member since Dec 2011
42624 posts
Posted on 4/24/20 at 6:41 pm to
a lot of what?
Posted by StealthCalais11
Lurker since 2007
Member since Aug 2011
12555 posts
Posted on 4/24/20 at 6:42 pm to
Peckers
Posted by Ed Osteen
Member since Oct 2007
59352 posts
Posted on 4/24/20 at 6:43 pm to
You mean it’s in the hood?
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/24/20 at 6:43 pm to
quote:

a lot of what?


Shuu, adults are speaking.
Posted by crankbait
Member since Feb 2008
11650 posts
Posted on 4/24/20 at 6:43 pm to
quote:

I could buy it and clear it and sell it for 7-10 thousand.


How do you know this?
Posted by Chris P Bacon
Member since Mar 2020
219 posts
Posted on 4/24/20 at 6:43 pm to
Need somewhere to keep your precursor chemicals?
Posted by bee Rye
New orleans
Member since Jan 2006
34629 posts
Posted on 4/24/20 at 6:43 pm to
HOA? City? A little more information would go a long way
Posted by FightinTigersDammit
Louisiana North
Member since Mar 2006
46425 posts
Posted on 4/24/20 at 6:43 pm to
Any chance you can make a few buck from timber/pulpwood?
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/24/20 at 6:43 pm to
quote:

How do you know this?


Because thats the price I would ask for it.
Posted by notiger1997
Metairie
Member since May 2009
61810 posts
Posted on 4/24/20 at 6:44 pm to
Buy it and bury yourself there
Posted by Bengalbio
Member since Feb 2017
2218 posts
Posted on 4/24/20 at 6:44 pm to
If you can afford it.... do it. I missed out on something years ago that I could have bought. It is now in the suburbs and worth so much more. Worst case, you sell close to what you bought it at.
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/24/20 at 6:44 pm to
quote:

Need somewhere to keep your precursor chemicals?


No, to burry the bodies.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61823 posts
Posted on 4/24/20 at 6:45 pm to
If it’s in the hood, you’re a great example of the Bigger Fool principle.
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/24/20 at 6:45 pm to
quote:

Buy it and bury yourself there



We've already got a family cemetery.
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/24/20 at 6:46 pm to
quote:

HOA? City? A little more information would go a long way


No hoa, just a simple fee.
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/24/20 at 6:47 pm to
quote:

If it’s in the hood, you’re a great example of the Bigger Fool principle.


Not in the hood. Just poor arse white community.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61823 posts
Posted on 4/24/20 at 6:47 pm to
Through I did by a lot once for $8,000 and flipped it in 2 years to a bigger fool for $20,0000.

He commited suicide later on, so I feel bad.
This post was edited on 4/24/20 at 6:48 pm
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/24/20 at 6:48 pm to
quote:

He commuted suicide later on, so I feel bad.


Whos suicide did he commute?
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