In the first four episodes of The Forever Cash Podcast for 2021, I highlighted several key land flipping strategies to optimize profits and processes. Instead of overloading you with new information, we have put together this handy review if you missed one!
The Top 4 Strategies To Generate Double the Profits with Land Flipping
Lease-Purchase Agreements
In Episode 171 of the Forever Cash Podcast, I discuss using lease-purchase agreements when flipping land. In essence, a lease-purchase agreement lets the buyer rent the property from you, with a portion of the rent going towards purchasing the property.
You can offer your buyers a range of options to finance the property that you are selling. In this episode, I'll explain how to flip land with a lease purchase agreement.
In essence, a lease purchase agreement lets the buyer rent the property from you, with a portion of the rent going towards purchasing the property.
How to self-close a land deal
The next episode in the series focuses on how to self-close on a land flipping deal. In Episode 172, you’ll find out how to self-close a land deal and why the land business will boom this year.
There will be times in your land flipping career when buyers and sellers ask you questions about the legitimacy of a deal.
This is because they don't understand how we work. In this episode, I discuss a question one of my coaching students was asked by his buyer – “You don't own the property, how can you sell it?”. You'll find out how to self-close a land deal and why the land business is going to boom this year.
The Critical Step to Get A Land Deal Under Contract
Once you have discovered when and how to self-close a deal, it’s useful to do a title search on a property. In Episode 173, I explain this crucial step in getting a land deal under contract. I break down precisely what a title search is and why you need to do one. You’ll also find out what to look for once you’ve pulled up the information. It is important that you understand this process so that you can save time and money!
How to Flip Land Without Using Your Own Money
Finally, in Episode 174, “How to do a land flip without spending any of your own money,” I discuss the most powerful tool in your arsenal as a land investor. Unlike traditional real estate investment, you can run your business relatively cheaply. In this episode, I discuss double closings and how you can flip land without spending money on a property. In fact, you can save even more money by double closing without a title company!
Mentioned in this episode:
- If you are ready to take your land flipping business to the next level, register to attend the Land Profit Generator LIVE event from 19 – 21 February: https://www.landflippinglive.com
- Join the Land Profit Generator Facebook Group https://www.facebook.com/groups/LandProfitGenerator
- Find out more about the Investment Dominator at https://investmentdominator.com/
