A land investor who's handled $1.5 million in deals explains why non-disclosure states are dangerous for flippers. These states don't publicly record sales prices, so you can't see comps and end up either overpaying or losing deals to better-informed competitors. He lists the 12 states to avoid.
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As someone who oversaw $1.5 million in land deals over the last 3 years, here's what you need to understand before you pick a state to flip in. So there's 2 different types of states in the US, which are disclosure and non-disclosure states. And non-disclosure states don't require the sales price of a property to be publicly recorded. So this means you can't see what land actually sold for. There's no public records, no accurate MLS data, nothing. If you don't have a realtor feeding you comps, you're completely blind on pricing. You're either going to overpay, kill your margins, or lowball sellers and lose every deal. And I've seen beginners waste months in these states before realizing they can't compete without local connections. Don't be that person. Check the caption for all 12 non-disclosure states you should avoid as a beginner and follow for more.