My Win this week · Veteran Business Community

My Win this week

As I’m selling two businesses, I decide to start one more for lucky # 10

I’ve been looking into Land Flipping for a while now but finally pulled the trigger.

It’s basically finding off market vacant land and finding a developer who is looking for new properties to build on. A flipper gets the land under contract then assigned it to the developer without ever paying money out of pocket.

Each deal makes about $4k-$20k. The difficult part that takes all the legwork is finding people willing to sell at a discount.

I identified buyers and land m, then started sending out offers. Time will tell how profitable or to what scale I am willing to build it, but my goal is over $100,000 in 12 months.

I love these low overhead businesses with big upside. It is costing me about $100/mo for software.

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