Lecture Notes: Top 10 States for Land Flipping

Introduction

• Discussion on the best states for land investing and flipping.
• Previously covered the worst states.
• Aim to provide a top 10 list for land flipping.

Worst 10 States for Land Investing

• Idaho, Montana, North Dakota, South Dakota, Wyoming, Illinois, Iowa, Rhode Island, Delaware, Connecticut.
• Reasons include difficulty in buying and flipping due to small counties, expensive land, and less desirable areas.
• Northeast states often eliminated due to small counties and high difficulty.

Factors Considered for Top 10 States

• Land Movement Speed: How fast land sells is crucial.
• Subdividing Ease: Regulations on subdividing land.
• Quality of Land: Desirability and variety of landscapes.
• Market Competitiveness: Existence of competition in the market.
• Mailing Laws: Impact of direct mail laws on business.

Evaluation of Regions

Southeast Region

• Georgia: Locked in due to land quality and fast movement despite mailing laws.
• Tennessee: Locked in; known for fast land sales.
• South Carolina: Locked in despite wholesaling laws.
• North Carolina: Considered but not locked in initially; becomes second tier.
• Alabama & Mississippi: Considered but not initially included in the top tier.

Northeast and Mid-Atlantic

• Pennsylvania & New York: High potential; Pennsylvania ranked high on second tier.
• Virginia & West Virginia: Considered but Virginia ranked higher.

Midwest

• Ohio: High potential, strong market; locked in.
• Kentucky & Michigan: Kentucky included in second tier; Michigan lower initially.
• Indiana & Illinois: Eliminated due to difficulty in market.

Central and Western States

• Texas: Locked in due to immense opportunities available.
• Oklahoma: Locked in; strong market potential.
• Missouri & Arkansas: Considered, but Missouri has high HOA presence.

Southwest and West

• California: Locked in; despite complexity, offers vast opportunity.
• Arizona & Colorado: Considered but eliminated due to slower or complex markets.

Final Top 10 States

1. Georgia
2. Tennessee
3. South Carolina
4. Texas
5. Oklahoma
6. Ohio
7. California
8. North Carolina
9. Pennsylvania
10. Kentucky

Conclusion

• Honorable Mentions: Alabama, Mississippi, Virginia, Michigan – noted for their potential but not included in the top 10.
• General Insights: Land flipping can be performed in many states, but these are identified based on student success and market conditions.

Feedback and Engagement

• Viewers encouraged to share their rankings or opinions on the top states.
• Requests for comments and reviews on the presented list.