You are kind of throwing darts and hoping something lands from far away.

It's important if you're going into a new area that doesn't have a ton of development yet, but you are very confident in, to purchase as much inexpensive land as possible before your plans become known but to also make sure you drive enough volume in that area to make it clear to tenants that they're not in a desert outpost all alone.

When I purchase homes (in California) is use a land trust for privacy reasons and the beneficiary is my LLC for liability reasons.Get the right info for your situation.

Many will go into bankruptcy, people will be laid off in droves.I was visiting Thomas Jefferson's farm in VA a few weeks ago and learned that while he wrote "all men are equal" into the Declaration of Independence he also had 650 slaves working his lands.

Imagine something like - syndicator buys $100M apartment complex, $100M "diversified" portfolio, $100M in raw land, $100M in retail, $100M development project, $100M in small businesses, etc.

Purchase price: $70,000 Sale price: $210,000 Purchased this property from family of the deceased owner , it was in bad shape and was full of cats and debris .

. 🤷‍♂️ ““WHEREAS, on Sales Day, the ninth (9th) day of October, 2022, the Delinquent Tax Collector did, during the usual hours of sale, after due advertisement, sell the said property of the said John Doe, tax defaulter (s), to James Doe, his heirs and assigns, the purchaser (s), hereinafter known as "grantee (s)", and the highest bidder at such sale, for the sum of $XX.xx and gave a receipt for the total amount of said purchase money to him; andWHEREAS, more than twelve months have elapsed since the date of said sale and the defaulting taxpayer (s), and grantee from the owner or any mortgage or judgment creditor have failed to redeem said land so sold for taxes:NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that I, Jill Doe., Delinquent Tax Collector of and for the County and State of aforesaid, in consideration of the premises, and the sum of $xx.xx paid by the said grantee(s), James Doe have granted, bargained, sold and released, and by these present do grant, bargain, sell and release unto the said grantee(s) James Doe and his heirs and assigns. “”

I had discussions with a co-worker all bent out of shape that his landlord who had a duplex, takes the gas bills, and divides it by half, and have him pay his share.

Land, brrrr, house flipping?

Clearly at the time the land was divided and sold, it was considered acceptable to building houses on this size lots, even with septic.