wholesaling abandoned/vacant property...good or bad idea????

[Jerome Turner]

I'm trying to find more info on if it is a good beginner marketing strategy to target abandoned/vacant homes in a area that is constantly building new homes? I am in a area where that is currently the situation. any info would be much appreciated

[Mary B.]

Originally posted by @Jerome Turner:

I'm trying to find more info on if it is a good beginner marketing strategy to target abandoned/vacant homes in a area that is constantly building new homes? I am in a area where that is currently the situation. any info would be much appreciated

If your area is under heavy new development then you best get moving and get some properties under contract. Don't forget to perform thorough due diligence. Use the 'Analyze'  & 'Learn' blue bar above for assistance. With a developer you never know unless you somehow communicate with them if they are going to do teardowns of the vacants or renovate them. It makes a difference in purchase price for you and them. The developer is your buyer, either directly or indirectly. You might be good to find the owners of the vacant land in that area as well. If construction is already underway you need to move fast while discounted supplies last. 

Kudos,

Mary