Lot splitting can be a lucrative strategy for land investors to maximize returns.
By dividing a larger property into smaller parcels, you can potentially increase its overall value and your profits.
Before you get too excited, it’s important to consider everything that goes into lot splitting.
Zoning, permits, access, and road frontage are just a few areas of consideration.
In this episode of Turning Profit, Heather and I walk you through the steps we take whenever we consider splitting up a property.
If you want to get the most out of every land investing deal, this episode’s for you.
Key Takeaways:
- Intro (00:00)
- Why we split land (01:48)
- Finding and splitting rural properties for development (06:54)
- Property valuation and location analysis (12:09
- Partner with Pete Program (16:24)
- Observe zoning regulations (21:36)
- Ease of transaction (24:37)
- Improving property value (26:48)
- Close on the property quickly (29:32)
- Other strategies and tips (30:30)
- Q&A from the Land Conquest Community (32:54)
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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