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'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…
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…
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…
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…
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…
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…
Working through the capital recycling math on the owner-finance model and the numbers stop making sense to me. Say basis is $28,000 all in on 40 acres. I sell at $68,000 with $6,0…
I'm looking at a rural county and pulled the assessor site expecting to see what parcels sold for. There's acreage, an assessed value, an owner name, and no sale price anywhere. S…
I'm reading through a sample land contract someone posted and the interest rate line is the one I keep coming back to. The example had 9.5% on a $22,000 balance over 10 years. My…
I found a listing for 5 acres priced at $500 down and $289 a month, no credit check. My first rental is coming up and I've spent weeks on tenant screening, so seeing a seller hand…