Tuesday, December 29, 2020

Buy Vacant Lot and Sell to Drive-In Restaurant?

I own a vacant rental house which borders a vacant lot of nice grass with a little cement driveway. This lot can be purchased for $250 + $50/yr tax only by a) me, b) the other neighboring landlord who used to own it and let it go back to the city or c) the guy across the street who could have bought it at any time but never has.

Negatives to buying:
1) My future tenant would have to keep the grass cut or I'd be fined (currently the 12 year old kid living in the...

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from Buy Vacant Lot and Sell to Drive-In Restaurant?

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