Hello from Grand Rapids, MI

[Gary Fraser-Lee]

My name is Gary, thank you all for the fabulous site. I was referred here by a friend. I am married, live in Grand Rapids Mi, with a fabulous wife and two great kids, one past college and one entering. So my real estate experience... other than buying a few homes for residence, I have been stuck in analysis mode from an investment perspective. Now ready to pull the trigger and have been leaning more towards flipping vacant land. As I search I seem to keep coming back to opportunities in Florida.

In start-up mode, my questions are: If I am just looking at vacant land, and thinking of flipping, should I set up a Land Trust, or execute via a LLC or just personal transactions? Florida seems to have more distressed vacant land than many other states (remember I live in Michigan, but am somewhat familiar with Florida), from the buying perspective, a good thing, but what about the selling perspective?

Thanks, look forward to future networking!

Gary

[Randy Lance]

Gary, welcome to BiggerPockets from another native Grand Rapids, MI investor. As far as flipping land, @Seth Williams is our local expert I would think. If you look over the podcast's, his was number 39, it had great information about land and how that niche is paying off for him.

Look forward to seeing you around.

Randy