Sandwiched between Orlando and Tampa, this property is in the heart of the quaint town of Plant City, Florida – just down the street from Lakeland, which is experiencing record growth.
This was a rare find that we were skeptical of at first because we weren’t sure about the demand. The FLC team did careful analysis, but then we relied heavily on the local agent/tinvestor community to further assess the market demand for a lot like this.
In the end, our partner, Pete was able to net over $11,000 on this deal.
We love these infill lots. Because this one is in the heart of town it scores high on the walkability scale, which is rare in land flipping! There’s so much potential for this lot and we’re excited to see how it turns out for our buyers.
Congratulations, Pete! We enjoyed working on this deal with you and are looking forward to many more!
This beautiful property in Gunnison, Colorado was brought to us by Steve and Tonsha. It is located just across the street from the Gunnison River, backs up to State land, and features an elevation high enough for some tremendous views.
We knew access to the property had to be improved and relocated, which would take several months, and no guarantee of approval. We also knew this was going to take a traffic engineering study, permitting from CDOT, and potentially a recorded easement from adjacent property owners. However, we were buying the property at a low enough basis to mitigate the potential risks.
The complications of this parcel ended up biting us some in the end, but ultimately we all made out pretty well – our target for our land investor was a $20k-30k profit. We missed the mark, but they ended up with $16,029.85, which was pretty good…all things considered.
From the date listed to sold and funds disbursed was 66 days.
We absolutely love working with Steve and Tonsha at Restful Retreats. They’re not only great investors, but they’re great people!
We wanted to share with you a story about one of our Partners, Josh, who was able to make a profit of $45,093.36 off his land deal.
Josh came to us with this property in Marion County, Florida.
We listed this property at the end of May and had it under contract by the end of June.
We initially thought about the subdivide opportunity for this 12-acre property, but ultimately, decided against it. There was easy access off an improved county road and while it wasn’t an infill lot, there were several houses in close proximity, and power and water were already located at the property.
We bought this during Florida’s rainy season, which lasts from mid-May to mid-October, so there were some concerns about how wet the property would get. Something to keep in mind – even if your parcel is not in a flood zone or wetlands, some buyers of Florida land may be a little apprehensive about how wet the land gets… especially if they’re considering putting crops and or livestock on the property. In this case, we were HIGH AND DRY!
We’ll be the first to acknowledge that not many deals are as straightforward as this one. We were super pumped for Josh on this deal and are looking forward to funding many more.
We also want to be sensitive to the fact that many people in Florida are experiencing some extremely unfortunate circumstances due to Hurricane Ian – Naples, Ft. Meyers, and the rest of SW Florida is a beautiful area full of incredible people and we commend their resilience and pray for those areas affected.