Business ideas for land?

**andrewrichardgale** · 08-18-2008 11:59 PM

One of my teacher has acres of land in alaska and dosn't know what to do with it, any ideas?

**Aletheides** · 08-19-2008 12:42 AM

Really depends on the location.

Is he looking to sell?

If he owns outright he can finance the purchase for buyers (hold the paper) and earn interest on the payments as he sells the land.

**andrewrichardgale** · 08-19-2008 01:38 AM

its in alaska

**mattnelson** · 08-19-2008 03:03 AM

alaska is a state isnt it, you gotta be more specific. thats like me saying ive got acres in egypt

**MoneyMagnet** · 08-19-2008 04:38 AM

Sell the whole property for cash. Sell the property and hold paper. Subdivide the property, sell the lots for cash. Subdivide property, sell the lots and hold paper for each lot. Depending on location, could do a joint venture with an investor to develop the land....there is an endless number of things to do to property... It really depends what the owner is willing to do and how much return he/she wants.

**Aletheides** · 08-19-2008 05:27 AM

Originally Posted by andrewrichardgale

its in alaska

I know but for example is it in the middle of nowhere or in a metropolitan city?

**Mega B** · 08-19-2008 05:37 AM

What Aletheides is saying is it 5 acres in a prime location in the city or 500 acres on top of a rocky mountain,we all understand that its in Alaska but if it is in the city you could do many things with it and make a massive amount of money from it but if it is on top of a barren mountain all it would be good for is the view or sheep

**rogercbryan** · 08-19-2008 08:53 AM

This is too generic of a question.. you would need to provide a lot more info about the property and the capabilities / goals of the owner. There are well over 100 different things that can be done with land (sort of)....

**Javy Davy** · 08-19-2008 09:17 AM

have a geologist check it for natural gases and oil.

**andrewrichardgale** · 08-19-2008 01:58 PM

in the middle of nowhere

**pboychuk** · 08-19-2008 03:09 PM

Build an animal amusement park, charge the animals berries and pelts, sell the berries and pelts. make money

**matt_15** · 08-19-2008 03:51 PM

go-karting track, golf course, amusement park, farm, shops, houses

**Gaulkin** · 08-19-2008 04:02 PM

Sounds pretty useless to me.... Like owning an acre of land in Arizona in the middle of no where.

**sauer13** · 08-19-2008 04:13 PM

Many questions: Is it accessible by road? What is it zoned/ Is it zoned? Who owns the mineral rights? What are the taxes? Are there utilities on the property? Are there any restrictions on the deed? Is your teacher handy or would he/ she need to hire a contractor?