Hello. I have been focusing on wholesaling land. I am trying to get some education on evaluating what a piece of land is worth from good to bad neighborhoods, city to rural areas.
Investor · Frederick, MD · Member since 2016 · 352 posts · 194 votes
7y
Hi @Account Closed. Vacant plots of land are evaluated using the comp method (find comparable properties - in nearby location and size to compare the value to). The plot of land will need to be perc tested as well.