How to Flip Raw Vacant Land for Passive Income

While flipping houses has been all the rage, flipping land is actually far more passive and profitable. Other advantages of flipping land include less costs, less taxes and less headache. Considering raw land is substantially less expensive than houses, you’ll likely not even need to finance its purchase, which ultimately means more profit for you. Other ways to approach this profitable side hustle include buying land for development, subdividing, selling land owned free-and-clear on a note and much more. Read on to learn more about this opportunity.

The Benefits of Raw Land Flipping over House Flipping

House flipping requires a significant investment of money upfront. You may even need $50,000 or more to buy a house in a bad neighborhood. Most people do not start out with enough money to flip houses. The perfect alternative is flipping land. You can buy raw land at dirt cheap prices way lower than anything you’d see on MLS listings. Concentrate around new construction (substandard housing) and resell it for much higher prices later on due to location advantage or its uniqueness in some way (landmark property).

Land flipping entails finding raw land at cheap prices, maybe due to bankruptcy or foreclosure proceedings. It’s not generally as complex as flipping houses because there…