All Forum Posts by: Nigel Witherspoon

@Scott P. Thank you for that. I’m currently searching for builders since the last comment!

I also paid for the three day seminar (which will be coming up in June) and yes the information they give you in the beginning is very valuable. However, since starting RE, I've learned SO much just by being active in the forums, reaching out to investors, builders, RE Agents, etc. I've heard the 50K Course is mainly if you need your hand held for the investment journey, but I agree with everyone else. If you have 25K to start out with (even on credit), it would just be more worth it to educate yourself for FREE on here and take that knowledge and apply. Reach out to your local REIA and connect with other people on here if you need help. The information is invaluable on BP. Best of luck to you and wish you nothing but the best.

@Jay Hinrichs if the lot sits in a well-developed neighborhood and has already been cleared for building and zoning, wouldn't this make the lot valuable to a land developer?

What I am going off of is everything the client told me and doing my due diligence into researching the land itself. Also, should I have an appraiser come take a look at the land since the last appraisal was done in 2017? 

The comparable homes around it are increasing at about 2%/year.

 I overlooked this. Thank you!

Scott P

Thank you. I've even done the research on some of those that you mentioned and the land is perfect to build upon. With everything already cleared by local and state. I haven't done the electrical and land line verification yet so I will look into that. Thank you.

I am wholesaling my first residential zoned parcel of land and as a newbie to land wholesaling, what specifically do land developers look for in the land itself for purchasing it? I've done all the research and due diligence for the land and I want to make the developer is getting a profitable portion for it. Any advice/suggestions helps!

Wholesale Contract investor looking for Land Investors in the South Carolina area. I specialize in the Columbia, SC area mostly and I am expanding. Please send me a message for opportunities. Thank you.

Wholesale deal for contract of parcel of land in Columbia SC. The land is 0.43 acres in a suburban neighborhood. Contract is $33,000. Previous home was 2150 sq ft and sold for $233,000. Land is cleared for new building. Please let me know if you have any questions. 

@Milton Rivera the strategy is to wholesale the land. The home itself sold for over 200K before the accident. So coming from an investors standpoint I'm varying in factors of what the investor would do with it. How much does land usually depreciate because of these causes?

Hello, my name is Nigel and I'm currently working my first RE wholesale deal for a lot of land. After doing my due diligence and spending more than enough time researching the property, I received a phone call and the owner of the land told me that the house burned down in the middle of the neighborhood. Does this decrease the value of the land?