As a land investor, you'll occasionally come across properties that seem like great deals on the surface but, upon closer inspection, present unique challenges.
One such challenge is dealing with landlocked properties. These are parcels of land with no legal access to public roads.
My first experience with a landlocked property was a learning lesson. I did not lose any money on the deal but it took a lot of time for minimal returns.
There are many risks with these types of properties, but there are also opportunities that savvy investors can apply to pull a great deal from such properties.
Join Heather and I as we share our experiences in landlocked properties and how to make money with them.
Key Takeaways
Intro (00:00)
Definition and challenges of landlocked properties (02:14)
Historical reasons for landlocked properties (03:13)
Pete’s story of buying a landlocked property (06:52)
Why we made the decision against buying landlocked properties (12:41)
Strategies to make money from landlocked properties (15:50)
Fixing access issues and potential legal remedies (23:35)
Q&A from the Land Conquest community (28:01)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
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