Ray Zhang is the Founder of LandFlip Inc, which helps investors build successful land flipping businesses from scratch. As a renowned seven-figure land flipper, he specializes in virtual land flipping, having closed more than 300 deals nationwide. After exhausting his resources on traditional real estate investment methods, Ray discovered his niche in land flipping, and his largest deal amassed a return of nearly 1,000%.
Real estate investing comes with many regulations, terms, and implicit agreements, sometimes leaving investors without much latitude. For instance, investors risk losing a deal when they make a discounted offer on a rental property. Conversely, land has no minimum price, and you can often purchase multiple properties for the price of one rental. What land investing techniques should you employ to build a consistent and profitable business?
Land flipping pioneer Ray Zhang has developed a process for generating millions of dollars while working only two hours a day. Many land sellers are eager to relinquish their properties, so you can purchase them for little to nothing and flip them for a high return. Consequently, Ray warns against accepting an initial offer since you can usually negotiate a lower price. To minimize your work hours, he suggests reserving 30 minutes to select a market, one hour to make an offer, and an additional hour to negotiate.
In this episode of The Same Day Podcast, Mat Zalk invites the Founder of LandFlip Inc, Ray Zhang, to speak about strategic land flipping methods. Ray shares how he secured a 1,000% return on land, how to determine land value, and advice for land investors.
