How do you divide a 20 acre Parcel (in the shape of a triangle) into three equal parcels?

This is a real life question. I own a twenty acre parcel. It was created by dividing a 40 acre parcel into two parcels by drawing a line from one corner of the one quarter mile by one quarter mile parcel (square) to another. Thus the twenty acre parcel is a triangle with a right angle and two equal sides each one quarter of a mile long. I need to divide it into three equal parts. I would like to divide it by drawing three lines from the right angled corner to intersect with the hypotenuse. The question is–at what angle/degree will each line be draw at to make three equal parts?

Divide the right angle into three equal parts, or three 30-degree angles.

Sounds like homework to me (which, hey, I’m cool with!), as if you owned this parcel this is NOT the way you’d want to divide it for real — you wouldn’t want three neighbors all bunched up like that at the confluence of the former right angle.

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While we, as real estate investors, generally think of purchasing developed land for investment, there is an entire other sector of the business which is worth exploration – raw land. Are you aware of the fact that approximately 85% of the land in the United States is still in its raw and undeveloped form? Think about that statistic for a moment, this means that there are huge amounts of land which you can invest in.

Land can be purchased inexpensively compared to developed properties. And, large chunks of land can be purchased and then subdivided to further increase your profit margin. Let’s take a moment and see how that works.

Let’s look at something simple like a pie. You go into a restaurant and order a slice of pie for desert. Generally you will pay about $3 for your slice of the pie. Assuming the pie has 10 slices, the restaurant sells the pie by the slice for a total of $30. However, if you were to purchase the entire pie to take home, as many restaurants will let you do, the cost is less, maybe about $15.

Using the pie as an analogy, suppose you were to purchase a large parcel of land of 1000 acres for the price of $100,000. Now assume that you were to subdivide up that large parcel of land into 10 parcels of 100 acres each, assuming the local planning department allows it to be done, and then sell off those “slices” of land to those people in the market for land. Knowing that there are many more people interested in smaller portions of land than larger ones, you can then charge a higher price for your smaller parcels. For instance, you could charge $20,000 per 100 acre parcel. If you do this, and you sell all of your 10 parcels, you have just made a $100,000 profit!

While there are profits to be made in developed real estate, there are equally, or even more profits, to be made in raw land. And the best part is that when you are dealing with raw land you do not have to deal with defects that come with homes and other structures.

About the Author:

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Article Source: ArticlesBase.com – Parceling Raw Land for Maximum Profits

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