Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 5 years ago,

User Stats

48
Posts
25
Votes
Shabreya Bangura
  • Rental Property Investor
  • Winston Salem, NC
25
Votes |
48
Posts

Purchasing the land or just the home?

Shabreya Bangura
  • Rental Property Investor
  • Winston Salem, NC
Posted

Hello BP Community,

When wholesaling, the value is in the home itself not what surrounds it; correct?

Context: I was contacted by a seller yesterday who is looking to sell her home due to wanting to downsize. The home was built in 1932 and hasn’t had any improvements in the last 10+ years, however, the home sits on 18.24 acres. Because of that, her asking price is on the really high side, taking into account the condition of the home.

My question is: do I take into account the land or just the home?

Thanks in advance!

Loading replies...