Land flipping presents a unique opportunity for wealth creation.
Sometimes we simply buy properties off market and resell them “on market” for profit.
But, in many cases, we are able to increase the value of the land quickly by using some simple hacks.
Today’s episode of the Turning Profit podcast covers our favorite ways to increase the value of the land we buy.
Some of these are simpler and less expensive than you think and can have a dramatic impact on your profit.
Don’t miss out on making more money!
Tune in to learn more about these opportunities and how to evaluate them.
Key Takeaways:
- Intro (00:00)
- Increase land value with surveys (05:26)
- Why you need to conduct Perc tests (10:19)
- Clearing brush can be a great way to add value to a property (14:09)
- Lot splitting to sell smaller parcels at a higher price per acre (19:53)
- Infrastructure investments that can increase value (22:09)
- Access improvement to increase value (27:32)
- Feasibility studies to establish any potential concerns (30:58)
- Getting permits to add value to a property (34:04)
- Changing the zoning and annexation (39:47)
- Let’s answer some questions (40:48)
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
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
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