Ethical issues with land flipping
Hi everyone,
So I have been learning about vacant land flipping recently. The main strategy is to find lists of property owners with delinquent taxes, target them, and buy land for huge discounts.
I can't help but feel like this takes advantage of people. Obviously you are helping them avoid having the property seized, but at the same time, it feels a little weird.
Maybe I'm just a bleeding heart. But especially since the land is not improved in any measurable way, the only thing earning you the profit is the other person's bad situation.
Any thoughts?