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Profitable Land Subdivision Strategies and Challenges in Real Estate Investing
This chapter delves into the profitability of subdividing land, showcasing an average profit of $150,000 per deal and the ease of returns compared to traditional real estate practices. The speaker highlights the importance of adding value creatively in competitive markets and reinvesting profits for continuous growth. The challenges of dealing with sophisticated sellers, especially in scenarios of low motivation to sell, are also discussed, underlining the significance of pricing and holding costs.