Land

[Derrick H.]

Hello BP

I am new to the wholesale and flipping game. I am about to get my real estate license (will be an investor friendly realtor in a week) but it was more or less to learn everything I can to be an affective investor and realtor. I have come across some land and I know how to determine the ARV and the formula for wholesaling properties. My question is how do you evaluate land. Do you go by the tax assessment that may not be fully accurate or do you compare it with other land like you do with comps? I've seen several ways but want to know the most efficient way to assess the value. Any help would be greatly appreciated.