Land flipping vs house flipping

[Chris Daleo]

Wanted to see what your opinions are for those that have done both land and house flipping. I’m just getting started and wanted to hear the pros and cons between both from actual people with experience. Such as finding deals and time to close the deal.

I’m currently working with a program that is more house flipping based so familiar with the process. But have yet to start my own flip. Have been reading up on land flipping so looking at doing both.  Any help would be greatly appreciated. Thanks

[De Rasche]

2 cents worth.

The Land flipping we do simply is buying the whole pie at a grocery and selling pieces at a restaurant.

We do not do lots, but the minimum acreage to be considered a land sale over lots. This way we bypass the subdivision requirements.

Friends do lots with bigger profit per acre along with more costs and time invested.

Maybe it is “both and” for you by doing both?

Our ideal is a large land tract with a home on it that we rent out till the city catches up with the land.

If the tract is too expensive for us alone, we bring in other buyers and divide at closing if the road frontage allows for large splits.   No partners for us.