Questions on wholesaling Land vs Property
Do you think selling land is easier than selling properties, what is the difference in the process of doing so and I would love a mentor to teach me the difference of the two and more....
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Looks like most people now are going from multi-family to Land, specifically Vacant Land. From experience, here's what I'd suggest you look for.
You can easily pull these types of lists from your county appraisal district or 3rd party services.
Property Types:
Vacant Land
Agricultural
Commercial
Broken down into Specific Property Types:
Mobile home lot
Agricultural (NEC)
Residential Acreage
Residential Lot
Multifamily Acreage
Multifamily Lot
Agricultural Land
Industrial Acreage
Industrial Lot
Commercial Acreage
I'd look for properties that have been owned for at least 10+ years, and large acreage (this depends on you, I'd say more than 40+). I'd also look for places that are about an hour away from Major cities (for example in Texas: Brazoria, Galveston, Bexar, Fort Bend, etc.), there's plenty of land.
Additionally, something that no one ever mentions is that many of these parcels have a 0 address, such as "0 Road", so many commercial real-estate software may not have these which is a competitive advantage that you'll have.
I'd exclude:
-Trustee-owned properties
-Corporate-Owned Properties
Sources: I own a real-estate data company :)