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.
Wholesaling
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 2 years ago on . Most recent reply

User Stats

43
Posts
11
Votes
Carla Jones
  • Los Angeles, CA
11
Votes |
43
Posts

Questions on wholesaling Land vs Property

Carla Jones
  • Los Angeles, CA
Posted

Do you think selling land is easier than selling properties, what is the difference in the process of doing so and I would love a mentor to teach me the difference of the two and more....

Most Popular Reply

User Stats

43
Posts
49
Votes
Pablo Avila
  • Real Estate Consultant
49
Votes |
43
Posts
Pablo Avila
  • Real Estate Consultant
Replied

Looks like most people now are going from multi-family to Land, specifically Vacant Land. From experience, here's what I'd suggest you look for. 
You can easily pull these types of lists from your county appraisal district or 3rd party services. 

Property Types:
Vacant Land
Agricultural
Commercial

Broken down into Specific Property Types:
Mobile home lot
Agricultural (NEC)
Residential Acreage
Residential Lot
Multifamily Acreage
Multifamily Lot
Agricultural Land
Industrial Acreage
Industrial Lot
Commercial Acreage

I'd look for properties that have been owned for at least 10+ years, and large acreage (this depends on you, I'd say more than 40+). I'd also look for places that are about an hour away from Major cities (for example in Texas: Brazoria, Galveston, Bexar, Fort Bend, etc.), there's plenty of land. 

Additionally, something that no one ever mentions is that many of these parcels have a 0 address, such as "0 Road", so many commercial real-estate software may not have these which is a competitive advantage that you'll have. 

I'd exclude:
-Trustee-owned properties
-Corporate-Owned Properties

Sources: I own a real-estate data company :) 

Loading replies...