Would you like to get in on a little-known secret? Land Flipping is one of the easiest and best ways to get into real estate investing.
What is Land Flipping?
The simple definition is this: you buy a piece of land for pennies on the dollar and sell it for a profit. As a land flipper, you can buy land and flip it, without having to deal with the complications of houses.
Why is Land a Better Way to Invest in Real Estate?
1. Real Estate Investing Without Complications
When you hear the words Real Estate Investing, the first thing that comes to mind is houses and or flipping houses.
Many investors make good money in residential real estate, but the problem is that homes come with complications – including maintenance, mortgages, and tenants.
On the other hand, land flipping is a simple transaction between buyer and seller, without the tenants, toilets, or termites.
2. Low Levels of Competition – for now
The fact that so many people overlook land flipping as a real estate investing strategy is what makes it so profitable.
You’re not competing in the overly-saturated real estate market, so you’re able to find motivated sellers and incredible deals. House flippers are constantly looking for investment properties to turn into flipped homes; these are people you won’t have to compete with.
This is a time-sensitive opportunity. As more real estate investors realize the untapped potential, more people are going to start flipping land instead of flipping properties. As a result, the competition will increase exponentially.
3. High Return on Investment (ROI)
Land flipping is unique in that it offers a fast and unbeatable return on investment. There is no other real estate investing strategy that offers the same ROI. What other investment strategy allows you to buy an asset for 5-10% of market value, and sell it for 70-80%, or more. Take a look at some of the testimonials that our Land Profit Generator students have posted in our Facebook Group to see some of the deals that members of the Land Profit Generator community are doing. Instead of taking the chance of losing money after buying a property, land investing provides a better ROI in a shorter amount of time.
4. There are plenty of deal to be done
There are plenty of willing sellers in the land market. Often, the land will be handed down as part of an inheritance or is simply an unused asset.
Owners who are not using their land don’t want to maintain it or pay taxes on it any longer. This means that they are motivated to sell quickly and for below market value. Unlike the more traditional real estate investing approach, we’re not in the business of trying to convince people to sell us their assets. They’re practically begging us to take their land off their hands.
5. You don’t need much cash upfront
Unlike a house, which is still tens of thousands of dollars at its foreclosed cheapest, you can find pieces of land for a few thousand dollars, or less. When you get started in real estate investing using land, you are able to do smaller deals to grow your capital. This cash will enable you to buy larger, higher-priced parcels, and you will then start to make serious money without getting into debt.
6. You can flip land without using your own money
Another thing we teach in our Land Profit Generator program is a concept called the double close, How this works is that you can buy a piece of land and sell it on the same day. In that case, you don’t need to spend any of your own money.
7. Seller Financing Can Generate Cash Flow
We’ve had land flipping deals where we sell a piece of land to someone, and they put a down payment on it that covers the entire price we paid for it. Then they get seller financing set up, and their monthly payments are just cash flow icing on the cake.
If you are interested in learning more about the benefits of land flipping as an opportunity to get into real estate investing, register for our upcoming FREE Land Profit Master Class.