Maximizing Your Investments in Land Development | Jack Bosch
youtu.be
In the Science of Flipping podcast, host Justin Colby interviews Jack Bosch, a real estate expert specializing in land multi-units. Bosch shares his journey into land flipping, driven by limited resources and extensive travel as an immigrant. Their successful strategy involves direct mail to owners of tax-delinquent properties. They discuss estimating land value using sold comps and listed comparables, emphasizing the slower price movement in the land market. The value of land varies based on location and type, affecting builder's profit margin and potential charitable contributions. They highlight the potential of dealing with larger land pieces, understanding development potential, and the entitlement process. The conversation delves into market forces influenced by COVID, the increasing demand for RVs, remote work, and advancements in technology. Bosch discusses the lucrative market of tax-delinquent properties, targeting out-of-state owners and outlining the direct mail strategy with a high response rate. They advise against farmland and focus on infill lots, land outside hypergrowth markets, and areas outside major cities. The discussion emphasizes the profitable nature of land flipping, utilizing double closing and seller financing, targeting buyers seeking a non-traditional lifestyle and recreational land near big cities. Bosch announces the launch of his new podcast and directs listeners to find it on iTunes or YouTube, and mentions the website Land Profit Fun for more information.
In the Science of Flipping podcast, host Justin Colby interviews Jack Bosch, a real estate expert sp