Why Land Flipping Really Works

Jack Butala: Why Land Flipping Really Works. Every Single month we give away a property for free. It's super simple to qualify. Two simple steps. Leave us your feedback for this podcast on iTunes and number two, get the free ebook at landacademy.com, you don't even have to read it. Thanks for listening.

Jack Butala:

Jack Butala here for Land Academy. Welcome to our cash flow from land show. In this episode Jill and I talk about why land flipping really works. It's cheap, fast, and you don't need to leave your computer. Boy, there's a lot of other things I have to say about why this really works too, but those are some really ... That's the title. Anyway.

Jill, great show today. Before we start let's take a question from a caller.

Jill DeWit:

Okay. Richard from Seattle asks. "I'm doing my due diligence but what I'd really like to find are those properties that are off market. Where do we begin looking for those type of deals?"

Jack Butala:

Richard, that's exactly what we teach. We teach this, all types of real estate, not just land. You send a direct, you orchestrate and implement a very well thought out and methodical direct mail campaign to send offers to people who own real estate for less than the market value. You wait to see what comes back. We've been doing it for so many years, that I can pretty much tell you what's, you know, where you're doing it, why, and what the numbers look like, before you send it out. To find the, there's two or three places on the planet to find great off market deals. Number 1 is through a direct mail campaign. I'm not talking about sending it to people who just have bad tax property, or any of that stuff, because that market can get a little bit saturated. I'm talking about sending it to everybody, just to see if that day, they decided to sell their property and, all of a sudden, you're offer came up, came in the mail. That's my favorite, it always has been, there's no replacement for a great, direct mail campaign.

Another place you can find great off market, off market super, undervalued property is through tax liens and tax deeds. Those sales are still very alive and well and you see some of that stuff on late night television and I'll tell you, it works. It might not work to get a Ferrari, or whatever they're hawking on those TV shows, but buying property, you can buy a house for five or six thousand dollars worth of back taxes if you know how to work the system. People do it all the time, every single day. That's great off market situation.

Then there's a lot of large corporations, not a lot, but several, large corporations that are talking about this in their programs, actually ...

Jill DeWit:

Yeah, I know.

Jack Butala:

that have a ton of properties lying around and they just want to get rid of it. If you scour the internet or buy our program, one of our programs, it explains all of that. You're on the right track, that's the right first question to ask. Where do you find off market deals? I know where you don't find them, and everybody looks there first. Go ahead Jill.

Jill DeWit:

Well, is it my favorite one?

Jack Butala:

Yes.

Jill DeWit:

Driving for dollars.

Jack Butala:

It's that. That's one of them. There's like four ...

Jill DeWit:

Are you saying MLS?

Jack Butala:

Yeah.

Jill DeWit:

Yeah.

Jack Butala:

It's that, MLS cracks me up.

Jill DeWit:

I know. Because that is the market. It's not off market, you want to hit them before they get there.

Jack Butala:

I'm writing a book called "Get There First" for all people in real estate. If you didn't' get there first, then you're kind of wasting your time. If the property is in the MLS, and it's all polished up, there's pictures of it and stuff, somebody else got there first. Maybe a bank did it, if they're foreclosing on it, maybe a real estate agent, more likely, got there first,