Turning Profit cover image

Land Buying 101: Our Script for Asking Sellers Questions

Turning Profit

00:00

How to Make Money in a Land Flipping Business

The basics of it are in this business, you don't need to actually have the money to buy these deals. There are plenty of partners out there who will fund a deal for you. You as the land investor are bringing the deal to the table. And then after you resell the property and you make a profit, then both parties split that profit. That's so say you bought a property for 50,000. It was worth 100,000 after you resold it and re-marketed the property. You've got a $25,000 profit for each, you know, the, the funder and $ 25,000 for yourself.

Play episode from 19:27
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app