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    Alice’s prepaid telephone calling card said ‘Expires August 31, 2001’ on the back.She decided to use the remaining value of the card at 8:00 pm on August 31.Unfortunately, the card had already been terminated when she tried to make a call. There was no value remaini
    , and started selling those, It took a couple years to sell them all, but the profit was certainly worth it.

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    What is Probate?Probate consists of court proceedings concluding your legal and financial matters after your death. The probate court distributes your estate according to your will and a neutral place to settle any disputes that may arise over your estate.The procee
    Subdividing land and selling the lots is less complicated than developing and building, with a little less uncertainty. The drawbacks? It ties up your money for a while and since this is non-income producing property, holding costs can eat up profits if the lots don't sell as fast as you planned.

    A friend of mine developed a small subdivision. He started by buying a home on 65 acres. After getting the land surveyed, he was able to sell the house with just an acre for almost what he paid for the whole property. He split the rest up into large lots of an acre or two, and started selling those, It took a couple years to sell them all, but the profit was certainly worth it.

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    Every now and then we find ourselves in a situation where we need a quick injection of cash for different reasons. It may be the gap in between buying and selling of a property, for an entrepreneur to cover for his expenses before he receives payment from his buyers. Bridging lo
    p your money for a while and since this is non-income producing property, holding costs can eat up profits if the lots don't sell as fast as you planned.

    A friend of mine developed a small subdivision. He started by buying a home on 65 acres. After getting the land surveyed, he was able to sell the house with just an acre for almost what he paid for the whole property. He split the rest up into large lots of an acre or two, and started selling those, It took a couple years to sell them all, but the profit was certainly worth it.

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    A friend of mine developed a small subdivision. He started by buying a home on 65 acres. After getting the land surveyed, he was able to sell the house with just an acre for almost what he paid for the whole property. He split the rest up into large lots of an acre or two, and started selling those, It took a couple years to sell them all, but the profit was certainly worth it.

    This is a relatively safe inv

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    able to sell the house with just an acre for almost what he paid for the whole property. He split the rest up into large lots of an acre or two, and started selling those, It took a couple years to sell them all, but the profit was certainly worth it.

    This is a relatively safe inv

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    , and started selling those, It took a couple years to sell them all, but the profit was certainly worth it.

    This is a relatively safe investment, if you do your homework. You will have the cost of a survey, "perk tests" if there will be septic systems, and other relatively minor expenses. You'll have to get new tax numbers assigned to the parcels. You may have higher property taxes in total from that point on, because the sum of the value of all your lots will be more than what the property was worth whole (at least you hope so).

    If you buy land that fronts existing roads, you may be able to avoid the cost of putting a road in. Otherwise you'll need to figure in that cost, and the legal costs of ha

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