Cash Flow Connections - Real Estate Podcast Flipping Land From FB Marketplace - E1038 - CFC
While most real estate investors are fighting over residential properties...
A small group of savvy operators have discovered an almost competition-free niche...
...that generates 60% cash on cash returns with no tenants, no repairs, and very little risk.
Today I interviewed Joe McCall, who's flipping vacant land with a simple system he's perfected...
He revealed how he buys properties for 40-50 cents on the dollar from owners who haven't visited their land in YEARS.
Joe has been in real estate since 2009 and specializes in finding motivated land sellers.
In today's episode, we break down:
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His exact process for identifying counties with active land sales using Zillow and Landwatch
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How he targets owners who've owned land for over 5 years and don't live near the property
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Why he gets 90-day closing periods that let him find buyers before committing cash
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How to create $250/month passive cashflow streams through seller financing at 10% interest
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The research technique that ensures you're fishing where the fish are biting
Plus, he explains how just 20 land deals could generate $5,000/month in passive income...
If you want to discover why Joe says "flip dirt, not houses" in today's market...
Listen to the episode now.
Take Control,
Hunter Thompson
Resources mentioned in the episode:
- Joe McCall
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