#76 Land Flipping Demystified: Expert Tips for Finding, Evaluating, and Selling Land

The Clever Investor Show

SUMMARY: In this conversation, Cody Sperber interviews Jack Bosch, an expert in the land space, about his experience and strategies in the land flipping business. They discuss the different types of land deals, including infill lots, land in the path of growth, and larger recreational acreage. They also talk about the financing options for land deals, including seller financing and private lenders. Jack explains the five ways to evaluate land, which include looking at sold comps, assessing the potential use of the land, considering the development potential, analyzing the income potential, and evaluating the cost to improve the land. In this conversation, Jack Bosch shares his expertise in land flipping and entrepreneurship. He explains the process of finding undervalued land, determining its market value, and negotiating deals. He also discusses the motivations of land sellers and the importance of effective marketing in selling land. Jack shares his journey from six figures to seven figures and the decision to scale his business by building a team. He also reflects on his experiences with financial losses and the importance of doing the right thing in business.

SOCIAL MEDIA:

TikTok 👉 https://www.tiktok.com/@cleverinvestor

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Connect With Jack Bosch:

Instagram - https://www.instagram.com/jack.bosch/

Linkedin - https://www.linkedin.com/in/jack-bosch-a923b59/

Facebook - https://www.facebook.com/jack.bosch/

Website - https://www.jackbosch.com/

YouTube - @JackBoschOfficial

💥HIGHLIGHTS:

• There are different types of land deals, including infill lots, land in the path of growth, and larger recreational acreage.
• Seller financing is common in the land flipping business and can be a profitable strategy.
• There are private lenders who are willing to finance land deals, especially for experienced investors.
• The five ways to evaluate land include looking at sold comps, assessing the potential use of the land, considering the development potential, analyzing the income potential, and evaluating the cost to improve the land. To determine the value of land, you can use methods such as comparing listed prices, analyzing the assessed value, and considering the use and location of the land.
• Land sellers are often motivated by factors such as inheritance, lack of use or interest, and the burden of property taxes.
• Effective marketing is crucial in selling land, as it allows potential buyers to envision the possibilities and benefits of the property.
• Scaling a business requires a shift from working as an individual to building a team and developing leadership skills.
• Financial losses are a part of entrepreneurship, but doing the right thing and maintaining a good reputation is essential for long-term success.

⏰TIMESTAMPS:

00:00 - Introduction and Background

12:58 - The Profitability of Seller Financing in Land Flipping

31:29 - Five Ways to Evaluate Land

44:12 - Scaling a Business: From Six Figures to Seven Figures