Land investing or land flipping is a speculative type of investing that involves buying land with an intent to hold the property until it sells for a profit. Sometimes you can flip the land quickly for a profit. Other times, as was the case for the properties I bought back in the early 2000s, it can take decades. This is the danger of land investing. But is there a better way to invest in land that doesn’t involve as much risk to your finances? Read the article to find out! (more…)
Summary: While it is more work to find properties and build teams in multiple markets, there are numerous benefits to having your real estate portfolio scattered across several areas and/or States. We currently own properties in three different markets and are looking to expand into at least a fourth. In this post, we cover the upsides and downsides of buying properties in multiple markets based on what we’ve seen over the last several years in our own portfolio. (more…)
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