On this episode of the Best Ever CRE Show, Joe Cornwell interviews Carter Malloy, CEO of Acres.com, a comprehensive land intelligence platform that helps investors find, analyze, and purchase land more efficiently. Carter explains how their platform consolidates multiple data sources to provide instant information on any parcel in the United States, including ownership details, comparable sales, mortgage data, topography, flood zones, and more. He discusses how investors can use the platform to quickly filter through thousands of parcels based on specific criteria like zoning, infrastructure access, and minimum size requirements, then conduct deeper analysis on the most promising options. Carter shares insights on land valuation discrepancies, emphasizing how adjacent parcels can vary by 20-50% in price due to factors like topography and access, creating significant opportunities for informed buyers. Throughout the conversation, he highlights the importance of thorough due diligence when purchasing land, warning about hidden issues like seasonal flooding, environmental concerns from previous uses, and the critical role of understanding both macro market trends and micro parcel-specific details before making investment decisions.
Sponsors:
Vintage Capital
Capital Gains Tax Solutions
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