Updated over 13 years ago on .
Recreational Land Investing
Anyone out there making money in unimproved acreage whose primary use would be for recreation(hunting, camping etc....)?
I have invested in multi family property for about 6 years and feel like i've done pretty well with it. I've gotten lucky and have been able to purchase some multifamily property at significant discounts to market value and have been able to flip for a good profit. Is it possible to do this with recreational land(50-100 acre range)? I dont see why not? Anyone out there flipping acreage successfully?
I assume the principles of looking for the land to flip would be similar to multi family property. Know your market(prices), have cash, be able to act FAST, market and network in search of motivated sellers .
Any advice?