Why I’ve switched to land investing

Property Manager · DE · Member since 2023 · 248 posts · 133 votes

I "dabbled" in land purchases. One I did well with (golf course community in South Carolina) and one I took a big beating on in Florida. I like the idea of land purchases for the reasons you stated but it's tough to predict this more than homes. What is your strategy to find solid deals?

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Ericka Williams

Investor · Austin, TX · Member since 2012 · 68 posts · 19 votes

3y

Quote from @G. Brian Davis:

Residential rentals can be a pain, between tenants, repairs, and regulations. We’re earning way higher returns on land right now instead.

I once had a professional tenant that took 11 months to remove. When I finally got them out, they had punched through every cabinet door and broke everything they possibly could in the house out of pure spite. All in all I lost $25,000 on them.

I’m sick of the BS. I’m sick of the 3am phone calls about clogged toilets or burnt-out light bulbs. I’m sick of the constant maintenance and repair costs — last year it was a plumbing problem, this year it’s the furnace, next year it’ll be the roof.

Which says nothing of growing anti-landlord regulation in the US.

My partner Deni and I are switching gears to land investing. No tenants, no repairs, no regulation.

And far less competition. With housing prices soaring, we’re looking at lots that cost a few thousand dollars, rather than rental properties that cost a few hundred thousand dollars.

Here’s an awesome case study on how one employee reached financial independence with land and quit his day job within 18 months. He followed a very specific strategy involving delinquent tax sales — if you want to follow the same blueprint check out this land investing course.

Scott earns 100-300% returns on his land investments. No exaggeration. Far cry from the 7-10% that you’re lucky to earn with rental properties!

Have you ever invested in land? What did you learn along the way, and how did it go?

baltimore is a tough market. I know charm city buyers are renovating entire blocks out there. I am in texas and land investing is very great transition. You have many areas in texas, north carolina and arizona that a person can owner finance from you to put a trailer, rv or tiny home structure on. I have a few an hour outside of dallas texas. its a been a much better system. I build new construction as well. so its a balancing act.

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Mo Karim

Real Estate Agent · Dallas, TX · Member since 2020 · 164 posts · 80 votes

3y

Quote from @Ericka Williams:

Quote from @G. Brian Davis:

Residential rentals can be a pain, between tenants, repairs, and regulations. We’re earning way higher returns on land right now instead.

I once had a professional tenant that took 11 months to remove. When I finally got them out, they had punched through every cabinet door and broke everything they possibly could in the house out of pure spite. All in all I lost $25,000 on them.

I’m sick of the BS. I’m sick of the 3am phone calls about clogged toilets or burnt-out light bulbs. I’m sick of the constant maintenance and repair costs — last year it was a plumbing problem, this year it’s the furnace, next year it’ll be the roof.

Which says nothing of growing anti-landlord regulation in the US.

My partner Deni and I are switching gears to land investing. No tenants, no repairs, no regulation.

And far less competition. With housing prices soaring, we’re looking at lots that cost a few thousand dollars, rather than rental properties that cost a few hundred thousand dollars.

Here’s an awesome case study on how one employee reached financial independence with land and quit his day job within 18 months. He followed a very specific strategy involving delinquent tax sales — if you want to follow the same blueprint check out this land investing course.

Scott earns 100-300% returns on his land investments. No exaggeration. Far cry from the 7-10% that you’re lucky to earn with rental properties!

Have you ever invested in land? What did you learn along the way, and how did it go?

baltimore is a tough market. I know charm city buyers are renovating entire blocks out there. I am in texas and land investing is very great transition. You have many areas in texas, north carolina and arizona that a person can owner finance from you to put a trailer, rv or tiny home structure on. I have a few an hour outside of dallas texas. its a been a much better system. I build new construction as well. so its a balancing act.

@Ericka Williams - where outside of Dallas?

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Dave DenisPro Member

Property Manager · Brooklyn NY / Jersey City NJ · Member since 2023 · 1 post · 0 votes

3y

I CURRENTLY OWN LAND IN NEW MEXICO AND HAWAII - I BOUGHT THEM DURING 2021 INTO 2022 AND PICKED UP AT GOOD RATES, EVEN BETTER FINANCING AND HOLDING ON FOR NOW - I CONTINUE TO RECEIVE OFFERS BUT NOT SELLING...DAVE / SPEAKTODAVE.COM

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G. Brian DavisPro Member

OP

Investor · Hatboro, PA · Member since 2016 · 3k+ posts · 890 votes

3y

Quote from @Laura Stayton:

I "dabbled" in land purchases. One I did well with (golf course community in South Carolina) and one I took a big beating on in Florida. I like the idea of land purchases for the reasons you stated but it's tough to predict this more than homes. What is your strategy to find solid deals?

We pulled county records and then contacted all land owners in tax default. It's just a numbers game. Helps to have alternative ways to contact owners beyond direct mail, such as SMS messages.

2 Reply

G. Brian DavisPro Member

OP

Investor · Hatboro, PA · Member since 2016 · 3k+ posts · 890 votes

3y

Quote from @Ericka Williams:

Quote from @G. Brian Davis:

Residential rentals can be a pain, between tenants, repairs, and regulations. We’re earning way higher returns on land right now instead.

I once had a professional tenant that took 11 months to remove. When I finally got them out, they had punched through every cabinet door and broke everything they possibly could in the house out of pure spite. All in all I lost $25,000 on them.

I’m sick of the BS. I’m sick of the 3am phone calls about clogged toilets or burnt-out light bulbs. I’m sick of the constant maintenance and repair costs — last year it was a plumbing problem, this year it’s the furnace, next year it’ll be the roof.

Which says nothing of growing anti-landlord regulation in the US.

My partner Deni and I are switching gears to land investing. No tenants, no repairs, no regulation.

And far less competition. With housing prices soaring, we’re looking at lots that cost a few thousand dollars, rather than rental properties that cost a few hundred thousand dollars.

Here’s an awesome case study on how one employee reached financial independence with land and quit his day job within 18 months. He followed a very specific strategy involving delinquent tax sales — if you want to follow the same blueprint check out this land investing course.

Scott earns 100-300% returns on his land investments. No exaggeration. Far cry from the 7-10% that you’re lucky to earn with rental properties!

Have you ever invested in land? What did you learn along the way, and how did it go?

baltimore is a tough market. I know charm city buyers are renovating entire blocks out there. I am in texas and land investing is very great transition. You have many areas in texas, north carolina and arizona that a person can owner finance from you to put a trailer, rv or tiny home structure on. I have a few an hour outside of dallas texas. its a been a much better system. I build new construction as well. so its a balancing act.

Glad to hear you've had some success with land investing Ericka!

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Daniel Apke

Investor · Greater Cincinnati · Member since 2018 · 25 posts · 12 votes

3y

I love land flipping! My company is on pace to do over 500 land deals this year. You said it right, land is extremely simple and uncompetitive when compared to the overall RE market. Our average return is around 120% and our average purchase price is around 30k and sell for mid 60's. It took me 12 different business models to finally find this model. That being said, we still do rentals as well. We take our land profit and buy RE. Also consider getting in deal funding once you have capital saved up to buy other land investors purchase and split the profit.

0 Reply

Cole SchlackPro Member

Realtor · Hawaii, HI · Member since 2015 · 145 posts · 95 votes

3y

Quote from @G. Brian Davis:

Residential rentals can be a pain, between tenants, repairs, and regulations. We’re earning way higher returns on land right now instead.

I once had a professional tenant that took 11 months to remove. When I finally got them out, they had punched through every cabinet door and broke everything they possibly could in the house out of pure spite. All in all I lost $25,000 on them.

I’m sick of the BS. I’m sick of the 3am phone calls about clogged toilets or burnt-out light bulbs. I’m sick of the constant maintenance and repair costs — last year it was a plumbing problem, this year it’s the furnace, next year it’ll be the roof.

Which says nothing of growing anti-landlord regulation in the US.

My partner Deni and I are switching gears to land investing. No tenants, no repairs, no regulation.

And far less competition. With housing prices soaring, we’re looking at lots that cost a few thousand dollars, rather than rental properties that cost a few hundred thousand dollars.

Here’s an awesome case study on how one employee reached financial independence with land and quit his day job within 18 months. He followed a very specific strategy involving delinquent tax sales — if you want to follow the same blueprint check out this land investing course.

Scott earns 100-300% returns on his land investments. No exaggeration. Far cry from the 7-10% that you’re lucky to earn with rental properties!

Have you ever invested in land? What did you learn along the way, and how did it go?

Been doing it before it was cool. I only do bigger deals now, $1m min , takes as much work to make $100k as $1m .

0 Reply

Pandu Chimata

Member since 2023 · 114 posts · 36 votes

3y

Quote from @G. Brian Davis:

Residential rentals can be a pain, between tenants, repairs, and regulations. We’re earning way higher returns on land right now instead.

I once had a professional tenant that took 11 months to remove. When I finally got them out, they had punched through every cabinet door and broke everything they possibly could in the house out of pure spite. All in all I lost $25,000 on them.

I’m sick of the BS. I’m sick of the 3am phone calls about clogged toilets or burnt-out light bulbs. I’m sick of the constant maintenance and repair costs — last year it was a plumbing problem, this year it’s the furnace, next year it’ll be the roof.

Which says nothing of growing anti-landlord regulation in the US.

My partner Deni and I are switching gears to land investing. No tenants, no repairs, no regulation.

And far less competition. With housing prices soaring, we’re looking at lots that cost a few thousand dollars, rather than rental properties that cost a few hundred thousand dollars.

Here’s an awesome case study on how one employee reached financial independence with land and quit his day job within 18 months. He followed a very specific strategy involving delinquent tax sales — if you want to follow the same blueprint check out this land investing course.

Scott earns 100-300% returns on his land investments. No exaggeration. Far cry from the 7-10% that you’re lucky to earn with rental properties!

Have you ever invested in land? What did you learn along the way, and how did it go?

What is your area of operations?

0 Reply

G. Brian DavisPro Member

OP

Investor · Hatboro, PA · Member since 2016 · 3k+ posts · 890 votes

3y

Quote from @Daniel Apke:

I love land flipping! My company is on pace to do over 500 land deals this year. You said it right, land is extremely simple and uncompetitive when compared to the overall RE market. Our average return is around 120% and our average purchase price is around 30k and sell for mid 60's. It took me 12 different business models to finally find this model. That being said, we still do rentals as well. We take our land profit and buy RE. Also consider getting in deal funding once you have capital saved up to buy other land investors purchase and split the profit.

Love the diverse business model Daniel, and the high returns you're seeing!

0 Reply

G. Brian DavisPro Member

OP

Investor · Hatboro, PA · Member since 2016 · 3k+ posts · 890 votes

3y

Quote from @Cole Schlack:

Quote from @G. Brian Davis:

Residential rentals can be a pain, between tenants, repairs, and regulations. We’re earning way higher returns on land right now instead.

I once had a professional tenant that took 11 months to remove. When I finally got them out, they had punched through every cabinet door and broke everything they possibly could in the house out of pure spite. All in all I lost $25,000 on them.

I’m sick of the BS. I’m sick of the 3am phone calls about clogged toilets or burnt-out light bulbs. I’m sick of the constant maintenance and repair costs — last year it was a plumbing problem, this year it’s the furnace, next year it’ll be the roof.

Which says nothing of growing anti-landlord regulation in the US.

My partner Deni and I are switching gears to land investing. No tenants, no repairs, no regulation.

And far less competition. With housing prices soaring, we’re looking at lots that cost a few thousand dollars, rather than rental properties that cost a few hundred thousand dollars.

Here’s an awesome case study on how one employee reached financial independence with land and quit his day job within 18 months. He followed a very specific strategy involving delinquent tax sales — if you want to follow the same blueprint check out this land investing course.

Scott earns 100-300% returns on his land investments. No exaggeration. Far cry from the 7-10% that you’re lucky to earn with rental properties!

Have you ever invested in land? What did you learn along the way, and how did it go?

Been doing it before it was cool. I only do bigger deals now, $1m min , takes as much work to make $100k as $1m .

Absolutely Cole, same amount of work, more profits, less competition. Love it.

0 Reply

G. Brian DavisPro Member

OP

Investor · Hatboro, PA · Member since 2016 · 3k+ posts · 890 votes

3y

Quote from @Pandu Chimata:

Quote from @G. Brian Davis:

Residential rentals can be a pain, between tenants, repairs, and regulations. We’re earning way higher returns on land right now instead.

I once had a professional tenant that took 11 months to remove. When I finally got them out, they had punched through every cabinet door and broke everything they possibly could in the house out of pure spite. All in all I lost $25,000 on them.

I’m sick of the BS. I’m sick of the 3am phone calls about clogged toilets or burnt-out light bulbs. I’m sick of the constant maintenance and repair costs — last year it was a plumbing problem, this year it’s the furnace, next year it’ll be the roof.

Which says nothing of growing anti-landlord regulation in the US.

My partner Deni and I are switching gears to land investing. No tenants, no repairs, no regulation.

And far less competition. With housing prices soaring, we’re looking at lots that cost a few thousand dollars, rather than rental properties that cost a few hundred thousand dollars.

Here’s an awesome case study on how one employee reached financial independence with land and quit his day job within 18 months. He followed a very specific strategy involving delinquent tax sales — if you want to follow the same blueprint check out this land investing course.

Scott earns 100-300% returns on his land investments. No exaggeration. Far cry from the 7-10% that you’re lucky to earn with rental properties!

Have you ever invested in land? What did you learn along the way, and how did it go?

What is your area of operations?

We've done deals in Nevada and Florida.

0 Reply

Pandu Chimata

Member since 2023 · 114 posts · 36 votes

3y

Quote from @G. Brian Davis:

Quote from @Pandu Chimata:

Quote from @G. Brian Davis:

Residential rentals can be a pain, between tenants, repairs, and regulations. We’re earning way higher returns on land right now instead.

I once had a professional tenant that took 11 months to remove. When I finally got them out, they had punched through every cabinet door and broke everything they possibly could in the house out of pure spite. All in all I lost $25,000 on them.

I’m sick of the BS. I’m sick of the 3am phone calls about clogged toilets or burnt-out light bulbs. I’m sick of the constant maintenance and repair costs — last year it was a plumbing problem, this year it’s the furnace, next year it’ll be the roof.

Which says nothing of growing anti-landlord regulation in the US.

My partner Deni and I are switching gears to land investing. No tenants, no repairs, no regulation.

And far less competition. With housing prices soaring, we’re looking at lots that cost a few thousand dollars, rather than rental properties that cost a few hundred thousand dollars.

Here’s an awesome case study on how one employee reached financial independence with land and quit his day job within 18 months. He followed a very specific strategy involving delinquent tax sales — if you want to follow the same blueprint check out this land investing course.

Scott earns 100-300% returns on his land investments. No exaggeration. Far cry from the 7-10% that you’re lucky to earn with rental properties!

Have you ever invested in land? What did you learn along the way, and how did it go?

What is your area of operations?

We've done deals in Nevada and Florida.

Sounds good. I will be interested if you come across any deals in Southern California for future development aspect.

0 Reply

Peter MckernanBusiness Member

Residential Real Estate Agent · Irvine, CA · Member since 2013 · 2k+ posts · 1k+ votes

3y

Quote from @Pandu Chimata:

Quote from @G. Brian Davis:

Quote from @Pandu Chimata:

Quote from @G. Brian Davis:

Residential rentals can be a pain, between tenants, repairs, and regulations. We’re earning way higher returns on land right now instead.

I once had a professional tenant that took 11 months to remove. When I finally got them out, they had punched through every cabinet door and broke everything they possibly could in the house out of pure spite. All in all I lost $25,000 on them.

I’m sick of the BS. I’m sick of the 3am phone calls about clogged toilets or burnt-out light bulbs. I’m sick of the constant maintenance and repair costs — last year it was a plumbing problem, this year it’s the furnace, next year it’ll be the roof.

Which says nothing of growing anti-landlord regulation in the US.

My partner Deni and I are switching gears to land investing. No tenants, no repairs, no regulation.

And far less competition. With housing prices soaring, we’re looking at lots that cost a few thousand dollars, rather than rental properties that cost a few hundred thousand dollars.

Here’s an awesome case study on how one employee reached financial independence with land and quit his day job within 18 months. He followed a very specific strategy involving delinquent tax sales — if you want to follow the same blueprint check out this land investing course.

Scott earns 100-300% returns on his land investments. No exaggeration. Far cry from the 7-10% that you’re lucky to earn with rental properties!

Have you ever invested in land? What did you learn along the way, and how did it go?

What is your area of operations?

We've done deals in Nevada and Florida.

Sounds good. I will be interested if you come across any deals in Southern California for future development aspect.

There is an investor I work with that flips land all the time in CA and throughout the US. He has 10-20 deals at any given time. He does mailing to get the deals and flips them.

The McKernan Group4.958 Reviews

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Why I’ve switched to land investing

14 Replies