Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

130
Posts
56
Votes
Justin Lenk
  • Wholesaler
  • Mt Airy, MD
56
Votes |
130
Posts

Potential Residential Zoned Land/Lot Deal in Frederick, Maryland.

Justin Lenk
  • Wholesaler
  • Mt Airy, MD
Posted

Was curious if anyone on here buys land in Frederick MD or has any experience wholesaling land. I have a potential seller that called in from my Direct Mail campaign stating that his mother passed away 12 years ago and he owns the land, he mentioned that it had been in his family since the 1950's and he has only seen it once. This was a voicemail he left me, so we have not talked about price, lot size, or other details yet.

Any advice/information is appreciated. I'll also be getting advice from my mentor, and calling the lead back within 24 hours.

Thanks in advance,
Justin

Most Popular Reply

Account Closed#1 BiggerPockets Exclusive PRO Area Contributor
  • Professional Auctioneer
  • Baltimore, MD
1,468
Votes |
1,857
Posts
Account Closed#1 BiggerPockets Exclusive PRO Area Contributor
  • Professional Auctioneer
  • Baltimore, MD
Replied
  • I buy real estate houses and land anywhere in Maryland, wholesale and assignments. Give me some details on your deal and I am sure our friends here at BP can help you.
  • Important to return your prospects call immediately, you spent money on the mailings to get the lead, now that you got it, you need to know what to do with it. Do you?
  • Questions to ask: how many acres, perk tested, well, zoning, restrictions, road frontage, seller financing, clear or wooded, streams, potential to subdivide....etc.
  • So, tell us about your mentor. Is your mentor out of town, in another state, did you pay thousands of dollars for your mentor, how do you know your mentor's advice is good? Is your Mentor an investor or a phone representative for a Smarty? Does your mentor know how to consul you when it comes to writing a contract on land in Maryland, does he understand zoning, perk test, wells, set-back, contingencies, right of ways and assignments as well as financing? 
  • I think it is important to know what your are doing when it comes to land. A poor or an uninformed suggestion can cost you dearly. Don't make a mistake here!
  • Good luck....... Charles

Loading replies...