Any land development/investment ideas?
Does anyone know what can be done with land for profit without selling it? Is there such thing of a grant for starting a business? Or, can one get private investors for a progject?
The majority of the land is farmland or fields, I should say. However, there is a hill off the highway that I think is ideal definitely for a house or maybe apartments. Although, I do not know how ideal the location is for people to rent easily, commonly. The property is rather in the country, out of town. The nearest towns are small. If it would be easily rentable, the initial cost would be outrageous, but, if wealthy, out of state people are prone enough to rent, maybe it could have a pool and such. I would like it, if even possible, if a land developer and/or investor would lease the land and basically do the rest. However, that may not be cost effective for him or her. Somewhere in the future, I may set most of the fields out in pine trees for a future investment. If the area was deemed easily rentable, I just don't know if the monthly income would exceed the loan payment or have much of a difference. Any suggestions or ideas?
I appreciate your time
