Subdividing rural vacant land is one of the fastest ways to become a real estate millionaire.
This 𝗳𝗿𝗲𝗲, 𝘀𝘁𝗲𝗽-𝗯𝘆-𝘀𝘁𝗲𝗽 𝗴𝘂𝗶𝗱𝗲 will show you how it's done.
𝗕𝘂𝘁 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗽𝗮𝗿𝘁? You can do this with on-market deals.
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Here's a free, step-by-step guide to subdividing rural vacant land that could quickly make you hundreds of thousands--or even millions--of dollars while working a nine-to-five.
The best part? You can do this with on-market deals.
A 🧵
Subdividing rural vacant land is one of the fastest ways to build wealth in real estate.
Check out this free 𝗳𝗿𝗲𝗲, 𝘀𝘁𝗲𝗽-𝗯𝘆-𝘀𝘁𝗲𝗽 𝗴𝘂𝗶𝗱𝗲 to learn how.
𝗕𝘂𝘁 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗽𝗮𝗿𝘁? You can do this with on-market deals. 🧵
Minor subdivides can be a great way to generate outsized returns.
For example, we recently made a $200k+ profit in under four months on one deal.
I'll walk through how we did it step-by-step 𝗮𝗻𝗱 𝘀𝗵𝗼𝘄 𝘁𝗵𝗲 𝘀𝗲𝘁𝘁𝗹𝗲𝗺𝗲𝗻𝘁 𝘀𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀.
A 🧵
A perc test—also known as a “level three soil survey”—is one of the most important parts of land due diligence.
We just “passed” one. This [🧵] will walk you through each part of the report in detail.
Let’s talk soils.
Remember, you can make great money by subdividing small parcels.
Here's a short thread on how we generated an 83.53% return by subdividing a 3.365-acre infill lot into three ~1-acre mobile home lots.
We bought this deal for 40 cents on the dollar and made $84,000 in 48 days.
Like many of our best deals, it had title issues. But the uncooperative sellers turned it into a doozy.
Here's how we did it -- a 🧵
We recently bought a 369-acre property with about $350k worth of timber on it.
That's about half of our purchase price.
Come see how I look at timber reports. A 🧵
This is the ultimate [thread] on how to lose your ass—i.e., go broke—in land investing.
There are a lot of people here who need to read the bombs I drop in this one.
Enjoy.
Buying and holding rural land in the path of growth is one of the simplest and most lucrative real estate strategies out there.
Sure, it's not as sexy as ground-up development or multifamily syndication--but it's created more millionaires.
Ever dreamt of flipping land but not sure where to start?
This free, step-by-step guide could make you a millionaire, even while you're working a nine-to-five.
Take the first step and dive in below.
Last November, we paid a broker $2,000 when we didn't have to.
What happened next?
He brought us an 83-acre deal that turned a $62k profit in six weeks--with no ad spend or CapEx.
Let's dive in and see what happened --🧵
Saturday is the big day—my fiancée and I are getting married!
Couldn’t be more excited about what’s ahead.
What’s the best advice you’ve got for a newlywed couple?
Would y’all be interested in doing a regular deal review session?
Idea would be to have members of the community submit deals they’re working on ahead of time. I’ll do my homework, and then do a Space session to discuss my conclusions and answer questions.
The focus would be
We're under contract to buy a 369-acre property with about $350k worth of timber on it.
That's about half of our purchase price.
Come see how I look at timber reports. A 🧵
420 Members 😂
This is a FREE community where operators, wholesalers, brokers, attorneys, funders, surveyors, engineers, developers, and more can connect and collaborate.
People are making real connections here.
Check it out! (Link in profile)
Remember, you don’t have to invest $1,000,000 to make outsized returns.
We recently came close to tripling our money on a $25k investment in just 14 days.
Here’s the story of our $44k net profit surprise subdivide deal.
This is a friendly reminder that residential realtors are NOT land realtors.
If your realtor shows up to your tract in yoga pants and tennis shoes…it’s time to find a new realtor.
We recouped our earnest money ($9k) and only spent about $1,500 in the due diligence process.
Terminating a deal is always painful, but I believe we made the right decision. And who knows, it could have been a grand slam. We wouldn't have known if we didn't dig in.
2024 can be the year you get your first land deal.
It could even be worth six figures.
Here's a no-fluff thread on the five-step playbook to help you get there.
Don’t be afraid to start small.
Everyone wants to jump into doing multi-million dollar deals off the bat.
But it usually doesn’t work that way. Operators need to exercise patience.
For example, we cut our teeth and built a real equity position by flipping a stupid number of
While many of our deals involve subdivides and tough title issues, we often encounter "simple flips" that require minimal work and print cash.
Here's a deal review thread on a property that made us $40,397.33 in just 35 days.
I’m still waiting on someone to tell me why bitcoin is better than land.
Land is actually scarce.
You can’t lose the password to your land.
You can’t hunt, fish, or raise a family on your bitcoin.
And when was the last time you turned this type of a profit on bitcoin?
Someone please answer this for me:
Who would buy a large mobile home park at a six-cap when you can buy land notes at a 15%+ yield all day long?
Higher yield, fewer headaches. What am I missing?
Want to learn how to make an extra $130k while working your nine-to-five?
We did it while I was working a stressful law firm job with long hours.
All we did was make an offer. You can do it, too.
A 🧵👇
Here's how to source great land deals.
1. Look beyond the obvious spots. Everyone's eyeing the city outskirts. Look out in the country. Despite what you city slickers think, there's a ton of demand for rural vacant land.
2. Invest heavily in marketing. This could be mail, cold
We believed the homes that would eventually go here would sell in the $500-600k range. The general rule of thumb we followed is that a pad-ready lot (i.e., all infrastructure is installed, and you can go vertical) is worth 15% of the value of the finished home.
This run-of-the-mill, 1.15-acre infill lot turned a $26,786 profit in just 50 days.
The crazy part?
We never even laid eyes on it.
Dive in to see how we did it. A 🧵
Hey y’all, long time no talk!
We’re currently looking for entitlement deals in Georgia, the Carolinas, and Northeast Florida. Goal is to take the site through site plan approval and offload to a regional or national builder. DM’s are open!
Buying rural vacant land in the path of growth is one of the most straightforward and lucrative real estate strategies.
You can buy and flip or buy and hold.
This strategy makes more millionaries than almost any other. Why don't more people talk about it?
@gas_biz
Depends on the following factors:
1) number of seconds until I shit my pants;
2) proximity to closest available alternative; and
3) cost of store’s Zyn cans relative to other stores in a 10 mile vicinity.
And that’s my Ted Talk.
Since I started talking about soils, multiple people have reached out and said many of the land “gurus” who sell courses for thousands of dollars don’t teach anything about soil suitability.
Wonder how many have lost money buying blindly.
On the gurus’ part….negligent at best.
One deal won’t change your life.
100 deals probably will.
One workout won’t get you in shape.
Working out every day will.
Reading one book won’t change your life.
Reading every day and applying what you learn will.
Don't forget about consistency--it's crucial.
@sweatystartup
While at my old firm, a partner told me: “I know it’s a grind to make partner, but it’s all worth it.”
I saw his life. The guy was in the office seven to seven every weekday and came in every Sunday. Probably made $400k.
His comment helped me make the jump to entrepreneurship.
Want to start doing land deals but don't have the money?
This free guide to joint venture partnerships will show you how and where to find hundreds of thousands—or even millions—of dollars to fund your land deals.
The best part? It's not a loan.
A 🧵
Marketing Tip: Buyers love to see the wildlife on a property. So, install cellular trail cameras. They deliver pictures straight to your phone!
The photo notifications are also a real dopamine hit 😁
We’re under contract on a property that’s supposed to be 86-acres. It was last surveyed in 1891. Can’t wait to see if it’s actually 86 acres. Let’s just say, 19th-century surveyors weren’t exactly known for getting the acreage right.
You can make deals happen from anywhere. We’ve successfully exited deals in 14 states.
But of all places, it’s best to work in your own backyard. You have a tangible advantage over remote investors.
I’m in a planning and zoning meeting right now. The board has been considering a variance on a fence for over 25 minutes. They got down to whether the slats should be horizontal or vertical. I just don’t get it.
A lot of people ask me how to get going in land.
Here’s the core concept:
If you make enough offers at a price you know will exceed your desired return, you’ll probably meet your desired return.
So, make the offers.
It’s that simple.
Our next step was to get an engineering proposal. The quote came back at +/- $100k for the project. Here's the full cost breakdown for basic engineering services:
There’s nothing like a well-manicured pasture. That’s why people pay top dollar for it. In my experience, where the median price/acre is $6k, people will pay $10k/ac for pasture. Don’t sleep on a pasture deal, even if surrounding non-pasture comps are lower than asking.
I call myself The Land Lawyer.
Here's a thread about how we used a little legal "know-how" to turn a title issue property into a six-figure profit in sixty-seven days 🧵
Another guideline we followed is that shovel-ready lots (i.e., entitled lots ready to have infrastructure installed) are worth 7.5% of the value of the finished home.
Here’s a free, step-by-step “how-to” guide on an important part of land investing: quickly and easily identifying wetlands.
Putting your money in a wet property can ruin you—especially if you’re starting out.
This will help you make smart land investments 👇
How are local property taxes not the same thing as unrealized capital gains taxes?
Every year, the tax assessor says my land increased in value, and then I have to pay more tax to keep it.
Sounds like a tax on an unrealized gains to me 🤷🏻♂️
Never forget that you can do your own tax code research and bring it to your CPA. I’ve found exceptions to rules that my CPA knew nothing about until I brought them to her. Always be your own best advocate.
One of the reasons I’m on Twitter is to find great deal partners to work with.
I finally set up a landing page where people can submit deals.
Here’s where to find it on my page:
Let’s work together!
Buying and holding rural land in the path of growth is one of the simplest and most lucrative real estate strategies out there.
Sure, it's not as sexy as ground-up development or multifamily syndication--but it's created more millionaires. Why aren't people talking about it?
@SoCalGoulah8
Their state also doesn't have social programs that create major incentives for homeless people to come, while lacking real infrastructure to help them.
I’m still waiting on someone to tell me why single family investing or house flipping is a better strategy than subdividing land.
I’ve heard to a lot of noise, but still can’t find any persuasive reason.
Tell me why I’m wrong 👇
Here's a free, step-by-step guide to subdividing rural vacant land that could quickly make you hundreds of thousands--or even millions--of dollars while working a nine-to-five.
The best part? You can do this with on-market deals.
A 🧵
Money isn’t the only thing that compounds.
Experience, relationships, reputation, knowledge, skills, habits, health, and fitness all compound, too.
Don’t forget it.
First, this property is in a rapidly developing area.
It's about 30 minutes from the new $7.6-billion dollar Hyundai Metaplant, which is projected to add 8,500 direct-hire jobs (the ripple effect will be much larger).
The
@Hyundai
Metaplant in Savannah, Georgia is coming along. Slated to open in 2025, the Metaplant and its associated suppliers are expected to bring approximately 15,000 jobs and billions of dollars of economic impact to the area. I’m long on Savannah.
#economicdevelopment
INPUT DESIRED.
I’ll soon post a series of threads on investor capital in the land space and where to find it.
The series will cover:
(1) joint venture partnership funding;
(2) hard money lending; and
(3) bank financing.
What would you like to know about these topics?
We believed the homes that would eventually go here would sell in the $500-600k range. The general rule of thumb we followed is that a pad-ready lot (i.e., all infrastructure is installed, and you can go vertical) is worth 15% of the value of the finished home.
Unfortunately, we weren't able to renegotiate. The seller wanted too much in light of the issues we uncovered in due diligence.
Still, this was $1,800 well spent!
We have mechanisms to protect against this type of fraud — reputable closing attorneys, in-person signings, title insurance, and more.
If we had gone under contract, I’m also confident that we would have uncovered the fraud before closing.