• You can build a $1,000,000 business just targeting these types of little discussed parcels of land...

  • Jul 25 2024
  • Length: 19 mins
  • Podcast

You can build a $1,000,000 business just targeting these types of little discussed parcels of land...

  • Summary

  • Introduction to Rural Infill Land Flipping:

    • Lucrative niche in land investing.
    • Focus on buying and flipping abundant rural infill lots.

    Attractiveness of Rural Infill Lots:

    • Cheap to purchase, with sellers willing to accept lower offers.
    • Easy to target with scalable marketing due to homogenous comps.

    Multiple Exit Strategies:

    • Owner financing: buy at 7%, sell at 12%, minimize taxes, increase sale price.
    • Modular home packages: partner with builders for quicker sales.
    • Cash sales for straightforward transactions.

    Seller Dynamics:

    • Sellers often have limited attachment, willing to sell quickly.
    • Lots often inherited or forgotten, low value and tax burden.

    Key Considerations:

    • Ensure the lot percs and can be built on.
    • Check neighborhood condition and market velocity (average days on market).

    Example Deal Breakdown

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