Land flippers pay for subscription data services like The Land Portal, LandVision, and PropStream to find off-market properties. Free sites like Zillow don't cut it. These detailed databases are how you build the lists that actually generate deals.
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In this video, what I'm going to do is I'm going to break down the common expenses within land flipping. So let's go ahead and get started with expense number 1, and that is going to be data providers. And when you think of data providers, I'm not telling you to just go take a look at Zillow and Redfin to see what comps are or what properties are selling for. What I'm telling you is that you're going to have to use a service like The Land Portal, LandVision, or Xamplow. There's tools like PropStream or DataTree, for example. There's tons of data providers out there, and you're going to have to pull a list of who those property records are because the main method of acquisitions in the land flipping space are going to be off-market deals. And the only way you're able to find those off-market deals is going to be through those data providers.