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Wholesale Of 5 Properties In CA

potreciput profile photo
  • Thursday, December 13, 2007 @ 01:15 AM EST
  • 3 Comments

I want to wholesale 5 land parcels in CA, if I paid $40000 for it, what would you sell it for? Where to look for someone who wants to buy wholesale land?

Comments(3)

  • no photo
    potreciput12th December, 2007

    All 5 are residential, paid 40K 4 yrs. ago, raw land, San Bernardino county, 3 lots and 2 ackerage, of 5 ac. each. Lets say, taxes each year cost me approx. $500.
    Is there a simple math, how much and investor would pay for the whole package? And where to find them?

  • Freeflyer
    Freeflyer12th December, 2007

    San Bernadino is not doing so hot in this market, and is likely to stay that way for some time. Some appraisers are not in touch with reality. Do you have access to a local knownledgable investor you trust to run any numbers by. Are the properties in the middle of Rancho Cucamonga or in the middle of the valley of the dirt people. Location Lo...

  • no photo
    ypochris12th December, 2007

    A buildable lot for 8k is pretty good amost anywhere...

    Do they have water and power?

    Chris

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