Tommy Dobczyk shows how annexing a county property into an adjacent city can add $1.5 to $2 million in value before sale. Unlike wholesaling, you're improving the asset yourself by securing city approval, then selling it as annexed land to capture the gain.
you could literally get it annexed before closing and then sell it as an annexed property as kind of like a wholesale— I don't want to call it wholesaling because it's not. Wholesalers don't do shit to improve the property value. This particular item here, being that it's in a county island, if you can get the city to approve your idea and say, yes, we'll annex it, you'll add probably another $1.5 million to $2 million to the property just based on the fact that it's now a city property.
So annex? Um, can you give me a quick definition? The real question: do you want to develop, annex, and rezone?
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