Wholesaling Land

[Michael Pruitt]

Hey all!

I'm literally just starting to approach owners of potential properties this week for the first time as a wholesaler. I've noticed that a lot of these properties are probably going to need to be bulldozed. I've also come across a number of vacant lots in the middle of various (largely) developed neighborhoods. I'm wondering if wholesaling land deals is particularly common, and if so, if there are any notable distinctions between wholesaling land and wholesaling a traditional residential or commercial property? 

Thanks for the insight. This website never fails to impress and inspire me. 

[Terry Evans]

@Michael Pruitt

I would say it would depend where the direction of the neighborhood is going. If there is new construction going on in an older neighborhood, it could very well be worth it to wholesale to some of the local builders. That's exactly how I completed my first wholesale transaction.