What You Should Know Before Buying Land

In some markets, the supply of homes to flip may be too limited for your investment goals.  Some investors turn to buying land and building homes to sell at a profit.  

This can be a great way to earn profits in real estate.  However, you must do your homework.  There are many things that you need to check out in detail.  These include, but are not limited to:

  • zoning
  • single family / multi-family / low or high density use
  • frontage requirements
  • will you need to build a road?  Emergency turn arounds?
  • access to city services 
  • will you have to build infrastructure for water, sewage, electricity?
  • proper drainage

Flip University co-founder Michael Owen talks about these and more in this week's video.

We welcome your comments, questions, and suggestions!

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