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Updated about 7 years ago on . Most recent reply

User Stats

340
Posts
249
Votes
Chris C.
  • Wholesaler
  • Easley, SC
249
Votes |
340
Posts

Getting land leads from my direct mailing and not sure what to do

Chris C.
  • Wholesaler
  • Easley, SC
Posted

I am an experienced rehabber, landlord, and wholesaler but I am not sure what to do with large tracts of land that I find through direct mail.  I have considered land development, mobile home parks, etc in the past but not sure I want to take that leap.  Any good ideas on someone to work with or get to know?  Any good strategies for flipping etc?

Most Popular Reply

User Stats

269
Posts
189
Votes
Jason Hsiao
  • Investor
  • Pasadena, CA
189
Votes |
269
Posts
Jason Hsiao
  • Investor
  • Pasadena, CA
Replied

@Chris C., you could work with an architect to determine the highest best use for the parcel, get it entitled, and sell it to a developer to have them actually build it. It reduces the risk for the developer and they can build right away to turn their capital over so they'll pay a higher value for it.

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