The importance of buying land in a county where there is high demand?

Buying Strategies
1

I wanted to know how important it is to buy land in a county where the land has a
high demand. I am considering buying properties in a county that’s not the best county, like will the land eventually sell if it’s a good property?

2

Buying land in high-demand counties is just one part of the overall equation.

There are great deals in every county, even the ‘terrible’ ones.

You have to look at it more on a property-by-property basis and understand all the specifics of that one deal rather than trying to judge it by what the whole county looks like (an entire county is a big area; after all, there can be a lot of variation from one end of the county to the other).

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3

Thanks a lot Seth very helpful

4

What tools do you use to help evaluate counties?
Something like airdna for rental stuff is there a landdna?

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5

Hey Andrew i personally use a tool like Zillow or Redfin

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If you are just starting out, most likely you’d want to get a few deals under your belt relatively quickly to build your confidence, etc. Therefore, I would go to counties with a high velocity of capital, i.e. you get your profit out quickly and then on to the next deal. You can make a ton of money in slow counties if you’re willing to wait a few months. Up to you. Good luck.

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7

@Drew check out the video in this blog post. It discusses some of the web resources you can use for this:

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Thanks so much Ross for in knowledge