Turning Profit Land Splitting 101: How to Turn Vacant Lots Into a Fortune - In Just 6 Steps {REPLAY}
Jan 7, 2025
Discover the intriguing world of land splitting and how it can turn vacant lots into a lucrative venture. Uncover a six-step process to identify and analyze land for splitting, and learn how to navigate zoning laws and work effectively with surveyors. The hosts share valuable tips on maximizing property value and avoiding common pitfalls in real estate investing. This guide is packed with insights for beginners and seasoned investors alike, providing strategies to make the most of every piece of land!
AI Snips
Chapters
Transcript
Episode notes
Understanding Land Splitting
Land splitting allows investors to buy larger parcels at lower prices and sell smaller parcels at higher prices. This strategy creates significant value and profit when executed correctly.
Research Areas for Splitting
Find areas where splitting land is an easy process by researching state and county regulations. Look for locations with clear criteria for splitting properties to streamline your efforts.
Identify Pricing Discrepancies
Look for significant price differences between larger and smaller parcels of land. This discrepancy is essential for identifying profitable opportunities in land splitting.