Rural land flipping means acquiring rural or recreational land at a discount, typically from motivated or absentee owners, and reselling it for a profit, frequently by offering buyers seller-financed terms.
Log in to followI ran the same 20 acre parcel two ways on a spreadsheet and I can't decide which column I like, so I'll put the numbers up and let people argue. Cost in is $8,400. I'm asking $22,…
I've been holding land for a while and buying it the slow way, one parcel at a time off listings. The direct mail approach to absentee owners keeps coming up and I want to price t…
Been going back and forth with an operator for six weeks. Small shop, three people, buys rural and recreational parcels in four counties across two states, sells most of them on i…
40 acres, half pasture half scrub, in a county where the average parcel trades a couple times a decade. Seller called off a letter, said she had inherited it from her father in 20…
Something clicked reading through this. The reason absentee owners sell at steep discounts isn't that they're bad at math, it's that the parcel produces a bill every year and noth…
I sent 300 letters on 5 to 40 acre parcels in two rural counties. One reply, from a woman in another state who inherited 12 acres from an uncle and has been paying $190 a year in…
First mail campaign to absentee owners of 5 to 40 acre rural parcels in two adjacent counties. Pulled the list from the county assessor's data, filtered for owners whose mailing a…
Posting the beginner version because I think people newer than me want to see one where nobody got clever. I sent letters to owners of vacant rural parcels who were behind on taxe…
Fast is my whole thing and it cost me here. Saw a parcel come across a list, 5 acres, wooded, $4,300 asking from an owner three states away who had inherited it and never visited.…
I've done a handful of house deals and I'm looking sideways at land, and every listing description in this niche says recreational. Sometimes it's 40 acres of timber, sometimes it…
18 acres of mixed hardwood in a county where the year round population is under 9,000. Seller was an out of state heir who had never seen it and had been paying $190 a year in tax…
12 acres, gently rolling, edge of a small town about 40 minutes from a metro. Bought at $16,500 from an absentee owner, sold on an installment contract at $27,500 with $2,000 down…
I'd like the option that actually sells without drama, and I'm stuck between two ways to spend the same $12,000 on a first parcel. Option one is cheap and remote. Something like 4…
I frame houses for a living and I've been looking at rural parcels in two counties near me, some as cheap as $8k and some as high as $20k. Two questions keep coming up and nobody…
Underwriting a single parcel and the two exits keep giving me answers that don't compare cleanly. Basis is $19,400 all in on 34 acres of mixed timber and pasture with paved road f…
I got into this sideways. A guy I know sells rural parcels on installment contracts and was tracking 14 buyers in a spreadsheet with a stack of paper checks in a drawer. I offered…
Closed on 38 acres of mixed timber and old pasture in a low-population county at $27,500. Comps on similar acreage with clean frontage were running $1,600 to $2,000 an acre, so on…
20 acres, asking $14,500, absentee owner who inherited it and lives four states away. The county parcel viewer shows no road frontage. There's a dirt two-track cutting across the…
Package came from an operator who's been flipping recreational parcels for about six years and wants capital back to buy more. Nine performing notes, total unpaid balance $191,700…
Every article on seller-financed land seems to use different words for what looks like the same arrangement. Land contract, contract for deed, installment sale, and then some peop…