Some properties that initially seem like great deals can end up being a challenge.
One example is a landlocked property, a parcel of land without legal access to public roads.
Even though I didn’t lose money on my first landlocked property deal, I definitely learned a thing or two from that experience.
In this episode of Turning Profit, Heather and I share our experiences with landlocked properties and show you how to turn this obstacle into an opportunity.
Key Takeaways:
- Intro (00:00)
- Definition and challenges of landlocked properties (02:14)
- Historical reasons for landlocked properties (03:13)
- Pete’s story of buying a landlocked property (06:52)
- Why we made the decision against buying landlocked properties (12:41)
- Strategies to make money from landlocked properties (15:50)
- Fixing access issues and potential legal remedies (23:35)
- Q&A from the Land Conquest community (28:01)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife
—
Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
Follow us on your favorite platform so you never miss an episode!
