Is Land Flipping Still Worth It in 2026?

What markets are you guys operating in right now? For me, it's

all over the place.

I'm sorry.

Yeah, go for it.

I mean, it

kind of depends if it's a deal on funding.

In that case, it's a matter of whoever's deal I'm funding, whatever market they decide to work in.

Will you fund anywhere? For the most part, yeah.

I mean, it does take a little bit of work to understand the market and get comfortable with it and make sure I understand the operator and how up to speed and competent they are.

But yeah, it could be anywhere.

For the ones that I'm pursuing myself, it's been kind of my home base in Michigan, just because I understand that market particularly well.

And the reason I'm going after those is because there's some kind of development potential.

And when there's development involved, I want to be able to actually get there physically if I need to.

So that's where I'm at.

What about you, Mike?

Yeah, we hop all over the place.

We love to stay in the Sunbelt when we can, but we're really just looking for properties that'll sell for $80,000 and up.

And then we got a nine-person team, so we're data whores at this point.

We're just texting everybody underneath the sun.

Wow.

So $80,000 and up.

You want to buy that property for how much?

So a lot of our deals will end up doing a double close or innovation strategy.

So we're always looking for a 30K spread or better.

So if we're buying cash, we're paying cash 40 to 60% of market value.

What markets are you guys operating in right now? For me, it's

all over the place.

I'm sorry.

Yeah, go for it.

I mean, it

kind of depends if it's a deal on funding.

In that case, it's a matter of whoever's deal I'm funding, whatever market they decide to work in.

Will you fund anywhere? For the most part, yeah.

I mean, it does take a little bit of work to understand the market and get comfortable with it and make sure I understand the operator and how up to speed and competent they are.

But yeah, it could be anywhere.

For the ones that I'm pursuing myself, it's been kind of my home base in Michigan, just because I understand that market particularly well.

And the reason I'm going after those is because there's some kind of development potential.

And when there's development involved, I want to be able to actually get there physically if I need to.

So that's where I'm at.

What about you, Mike?

Yeah, we hop all over the place.

We love to stay in the Sunbelt when we can, but we're really just looking for properties that'll sell for $80,000 and up.

And then we got a nine-person team, so we're data whores at this point.

We're just texting everybody underneath the sun.

Wow.

So $80,000 and up.

You want to buy that property for how much?

So a lot of our deals will end up doing a double close or innovation strategy.

So we're always looking for a 30K spread or better.

So if we're buying cash, we're paying cash 40 to 60% of market value.