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Originally Posted by Peaches
I have a good friend who invests in subdivisions. The last one he bought was completely sold out before they even broke ground for the first house. Is that what you're talking about or am I confused?
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Kinda... I'm talking about companies that buy up large blocks of land and subdivide them into smaller residential blocks. You can invest in those privately, but I'm more interested in doing the whole thing myself on a small scale.
I live on the fringes of the metro area, some people around here are becoming millionaires overnight by selling off their family's land. If I had a bit more cash available I'd buy up land further out and just wait for it to magically appreciate as the metro border grew.