I\u2019ve been doing a lot of land deals lately and the reason why I love land is because of the cash flow. You can get even more by using owner financing. Owner financing is a great strategy to use, especially on rural vacant land. In many cases, the land is better than houses when it comes to cash flow because you don\u2019t have the hassles that come with rental properties. Our current economy is looking similar to how it was back in 06-07 and it\u2019s getting crazy. Here, I\u2019ll show you why it\u2019s a great time to get into land and all the advantages it has over housing.
With vacant land, you don\u2019t have to save money for the things that come with rentals, like vacancies, maintenance, and property management. You can also pay off vacant land deals way quicker, which puts money back into your pocket right off the bat. I\u2019ll show you some of the tools I like to use to target properties, like Deal Check. I\u2019ll also dive into a full comparison of housing and land and use my spreadsheet to run some hypothetical numbers. If you\u2019re focused, you can make a ton of money in vacant land deals, even if you\u2019re only doing it part-time.
What\u2019s Inside:
\u2014How to bring in more cash flow through vacant land deals.
\u2014Advantages of using owner financing.
\u2014Comparison of housing and vacant land with numbers.