Hopefully you are all getting geared up for next week. Me? Well, I'm in Sunriver right now with the wife and kids and since it's nap time for the youngster, I can get some work done...
So...let me answer another BURNING QUESTION ...
"Jerry, How do I find and ID raw land deals?"
OK, this is a great question and one from LOS Member Dr. Lewis Richardson in Salinas...
Actually, it's 2 questions, so I'll do my best to hit both.
1) FINDING RAW LAND DEALS: Try www.loopnet.com and search for "raw land" in your state. Another place? Brokers. Tell them to send you a list of raw land that is for sale. Another? Send a letter to owners of raw land where you want to buy telling them you are interested in buying.
2) How do you ID them? This won't be complete answer, like #1 above, but, give enough to get you moving in the right direction. I look for properties in the path of progress, neglected properties (overgrown, junk, etc.), properties with past due property taxes (the country generally can give you info), and I ID them by taking the above in consideration and if they are listed or I know what they theoretically might be worth, I can get a quick idea if they are potential DEALS or not.
OK...until next time, and, have a VERY happy holiday season.
Best, Jerry
Real Estate Education & FREE Information for Busy Dentists - For more information visit http://www.RealEstateForBusyDentists.com
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