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The $250K Land Deal That Nearly Collapsed, But Then Paid Off BIG
Description
228: In this episode of the REtipster Podcast, I talk with David Hansen, Arturo Paturzo, and Emanuel Wijkhuisen, three real estate investors who teamed up to take on a high-stakes land entitlement project in Alabama.
(Show Notes: REtipster.com/228)
This deal was originally meant to be a simple land flip, but they quickly pivoted into a full-scale platted subdivision. They faced many challenges: a shady real estate agent, a ghosting engineer, hidden wetlands, last-minute developer surprises, sewer quotes jumping by $150K, and even a paved road that mysteriously appeared just before closing.
We dive deep into their process, what they learned, and how they turned a risky $250K investment into nearly $600K in profit without building anything.
If you're curious about how land entitlement deals work, how to work with builders and developers, or want to hear a wild real estate story packed with lessons, this one’s for you!
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