Ambitious entrepreneur or investor? Exhausted from the traditional real estate industry?
If that sounds like you, come spend a few minutes exploring one of the BEST ways to make money in real estate.
There are plenty of ways to make money in real estate, but not all of them are worth your time and effort.
That's why we’re sharing our unique, proven model with off-market raw land – one of the most efficient, reliable ways to profit in the real estate industry.
Traditional real estate can be a cut-throat, highly competitive industry – a “red ocean” market if you will.
On the other hand, raw land acquisition is a blue ocean market with little to no competition, low risk, and potentially high rewards.
So, if you're looking for a new, exciting way to generate income that's not already overrun with competitors, raw land might just be the next project for you.
Start exploring the possibilities of the land development market and learn how to make money.
Why Off-Market Raw Land with Development Potential is the Best Real Estate Investment
If you're on the hunt for the next big thing in real estate, then off-market raw land with development potential is where it's at, and we’re about to tell you why.
Let's talk about the different investment opportunities in real estate.
You've got your traditional residential properties, commercial properties, and even flipping houses.
But one of the best ways to make money in real estate is by finding off-market land, adding value to the land through entitlements, and selling it to homebuilders.
And that's what we're all about at VestRight.
But, let's get into why off-market raw land with development potential is the best real estate investment.
Benefits of Investing in Off-Market Raw Land
So, why is off-market raw land with development potential such a great opportunity in real estate?
Off-market raw land has a ton of advantages.
For starters, there’s less competition in this market, which means you're not fighting with other investors over the same property, and you have a better chance of finding a good deal.
Plus, you don’t need a significant amount of capital upfront to get started with our model. We guide you through the process of finding off-market land with development potential, taking it through the entitlements process, and selling it to homebuilders for a profit, without risking your own money.
Another benefit of off-market raw land is that it involves minimal risk—while there can be some risk still. Many investors overlook this industry, and we teach you how to mitigate those risks through our proven strategies.
By accessing off-market raw land deals and adding value by giving homebuilders an approved project to start working on, professionals like you can make a substantial profit without taking on unnecessary risks.
And if you play your cards right, you could potentially see higher returns than with traditional residential and commercial real estate deals.
Why Adding Value to Off-Market Raw Land is Key
Now, you can't just buy a piece of raw land and expect to make money.
The key to closing profitable deals with raw land: adding value to it for homebuilders. That's where the specialized knowledge we teach comes in.
With our training programs, you'll learn the entire process of adding value to off-market raw land through entitlements and selling it off to developers for a huge profit.
Using our model and insider expertise, you can put together highly-profitable land deals with very little risk and investment.
Selling to Homebuilders vs. Traditional Real Estate Buyers
When it comes to off-market raw land, you have two options for buyers: homebuilders or traditional real estate buyers, meaning end users like homeowners, commercial property investors, and other real estate investors.
While there are pros and cons to both, selling real estate to homebuilders can lead to quicker turnaround times and potentially higher profit margins than selling to end users.
And with the ongoing national housing shortage, which is creating awesome demand for new housing developments, there's a steady demand for raw land with development potential.
So there you have it.
At the end of the day, land acquisition with off-market raw land can be a great way to make money in real estate. The demand for raw land is steady, and the potential for growth is unlimited.
Just remember, the key to success is adding value to the land through entitlements.
With the right knowledge and a little bit of hustle, you can turn raw land into a cash flow machine and become your town's own real estate mogul in no time.
So, take advantage of the specialized guidance we offer at VestRight, and you'll be well on your way to crushing the real estate income game.
Raw Land vs. Alternative Real Estate Investments
Let's talk about why raw land is the better choice compared to other real estate investments out there when you're looking for ways to make money in real estate.
Don't get me wrong – there are plenty of alternatives, but let's break it down and see why raw land is the way to go.
Renovation flipping
You know the deal – buy a rundown property, fix it up, and sell it for a profit.
But here's the thing, it's not always easy to find a property that's worth the time, money, and effort you're going to put into it.
Plus, there's always the chance that the market will shift and you'll be stuck with a property that's not worth as much as you thought it would be.
Raw land eliminates all those headaches. And it’s a good market for investments no matter the economic climate because you can hold onto it until it’s the right time to sell.
Airbnb and short-term vacation rentals
Short-term rentals are popular choices for real estate investors. But let's face it, managing rental properties can be a real pain.
Dealing with tenants, maintenance, and repairs can eat up a lot of your time and money. In contrast to rental income, raw land does not require any management.
Plus, you're at the mercy of the stock market, and if tourism slows down, you're in trouble. But not with raw land!
Long-term rentals
Rental homes are another rental real estate option, but again, you're dealing with tenants, repairs, maintenance, and property management companies.
With raw land, you’re not.
Lease to buy
It sounds like a sweet deal, right? Rent out a property and give your tenant the option to buy it later.
But let's be real, that's still a lot of work, and there's always a risk that the buyer won't follow through on the purchase.
With raw land, you don't have to worry about tenants, rental property management, or flaky buyers. You can find the land, add value, and close a profitable sale with a home builder.
Land rentals
Renting out land is also an option, but the problem is that it's not always easy to find a tenant.
If you add value to raw land through entitlements and prepare it for a homebuilder to purchase outright, you’re going to find plenty of potential buyers who will take that land off your hands.
Commercial rentals
Commercial spaces for rent can be a good option for investors, but it can be a real hassle to deal with commercial properties compared to residential real estate.
Raw land deals for residential development are simply easier.
You don't have to concern yourself with the commercial development industry, and the many market value fluctuations that come with it. You can just find great land where new housing is needed, and sell it to the highest bidder.
House wholesaling
Wholesaling can be a potential way to make money quickly, but it's not always easy to find a buyer. Even when you work with a real estate investment group, wholesaling is hard.
With raw land, you don't have to worry too much about finding a buyer. Homebuilders are hungry for land they can build on, no matter the overall real estate market.
Real estate investment trusts (REITs)
Real estate investment trusts (REITs) are another option for investing in real estate. REITs are companies that hold or finance income-generating real estate properties.
While REITs can provide a steady stream of passive income through dividends, they don't offer the same level of control as investing in raw land.
When you invest in raw land, you have complete control over the deal. With REITs, you're at the mercy of the company's decisions and the performance of the real estate market.
Raw land also has the potential for higher returns on investment compared to REITs. When you invest in raw land, you have the opportunity to add value to the property through entitlements or waiting for market conditions to change.
Overall, raw land has a higher return on effort than each alternative real estate investment on the list. Keep reading to learn how the raw land acquisition process is done!
How to Find and Add Value to Off-Market Raw Land
If you’re a real estate investor looking to maximize your profits, raw land acquisition may be the answer.
With a value-add strategy to transform raw land into a valuable property, you can walk away closing lucrative deals.
This investment model is one of the best side hustles in real estate. It's a savvy move for any investor looking to diversify their portfolio.
Let's dive into how to find off-market raw land with development potential, add value to the land, and then find a buyer for the land. We'll break it down into easy-to-follow steps.
Finding Raw Land with Potential
First things first: before investing in raw land, you need to identify properties with the potential for residential development. And no, we don't mean the land with a bunch of rocks and a swamp.
Start by connecting with homebuilders and developers in an area to determine hot markets and understand what they're looking for. If you notice a bunch of new construction popping up around an area, chances are high that it’s a great area to build homes that people will want to buy in that area.
Plus, finding out who owns a piece of land is easier than ever. No need to hire a private investigator or bribe the county clerk. All you have to do is hit up the state or county assessor's office online and look up the property you're interested in.
Adding Value to Raw Land
Here at VestRight, we’re all about sharing secrets on how to make money in real estate.
And it's about adding value to raw land.
Here's the approach: you find properties with the potential for residential development and then add value to them.
One killer way to add value is by making the land an approved project and shovel-ready. As a land acquisition specialist, you can bring the deal to the builder and they can start construction right away versus waiting months and months for the land to get approved.
This is done through land entitlements, like zoning changes that allow for residential development. You might have to work with some local officials and petition for changes to local ordinances, and it's worth it when that land value skyrockets.
You can also add value to the infrastructure. Think about the cost of installing utilities, building roads, and other amenities. The payoff can be huge because instead of the developer having to do all these tasks, it is ready for the to start construction basically immediately.
So when you have this specialized knowledge and add real value to raw land, the better your chances of a successful land deal with a developer will be. That’s why our value-add model is one of the best side hustles in real estate.
Marketing and Selling Raw Land to Developers
If you wanna make money selling off-market raw land, you have to know the right people.
How do you meet them, you ask?
By getting out there and making connections, my friend!
Start by showing up at local industry events and joining real estate associations. There, you can meet builders, developers, and other investors who might just be interested in your property.
And don't be shy – talk to them!
Build real relationships, earn their trust, and they might just give you insider info that could help you close a better deal.
It's all about being genuine and likable. So, don't be a sleazy salesperson, be a person first and a land acquisition specialist second.
Remember, it's not just about the property, it's about the people. So, get out there and start making some connections!
Take Action and Start Building Your Wealth in Real Estate!
Well, we hope you’re feeling as pumped up as we are about making some serious money in real estate!
We’ve covered the pros and cons of traditional real estate investments like rental properties and flipped houses, and we’ve learned that they can be highly competitive and subject to market fluctuations.
We’ve even shared with you the secret sauce of making some serious dough in real estate: finding off-market raw land with development potential. By adding value to these deals, you can see incredible returns without much competition, little to no investment, and low risk.
Don't shy away from this potential side hustle, even if you're a beginner. With the VestRight model, you can turn raw land into valuable investment property.
If you want to learn even more about our model, be sure to check out VestRight.com and our training programs course. We have all the resources you need to start making money in real estate.
And don’t forget to download our free Raw Land E-Book to learn the ins and outs of closing massive land deals and building your wealth with land.
Discover how a single land deal can outperform 100 real estate transactions by addressing the housing shortage in the United States. To learn more about this innovative program, click here to speak with our team.
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