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Updated almost 6 years ago on . Most recent reply

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14
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0
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Bo Mitchell
  • Flipper/Rehabber
  • Lubbock, TX
0
Votes |
14
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Questions about investing in raw land

Bo Mitchell
  • Flipper/Rehabber
  • Lubbock, TX
Posted

Hey guys, 

I’m new to investing in real estate. I’m constantly looking for houses to flip or rental properties. While looking for deals I a came across some raw land that is currently in farm land. The land is in a growing community. I have contacted the agent but the problem is I don’t even know what questions I should be asking or even how to evaluate the property to find out if it is a good deal. Any advice would be greatly appreciated. 

Thanks,

Most Popular Reply

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5,320
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2,240
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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
2,240
Votes |
5,320
Posts
Ronald Rohde
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
Replied

What exactly do you want to do? speculate? value add? develop into a subdivision? mixed use? commercial? You need to figure out the way you're going to make money from the land and the timeframe. 

  • Ronald Rohde
  • Loading replies...