Wholesale Land For Sale

Mississippi Land Information

Internal data from LandWatch records $3 billion of Mississippi land listings and ranches for sale. With thousands of properties and rural land for sale in the state, these land listings represent a combined 323,615 acres of land for sale in the state. The average price of Mississippi farms, ranches and other land listings for sale is $350,696. Historically known for its cotton harvest, the products that now account for the state's main agricultural output are broiler chickens, soybeans, and corn. Mississippi also produces over half of the commercially-farmed catfish in the United States. U.S. News & World Report ranks Mississippi as one of the country's top ten states for its cost of living. In terms of landmass, Mississippi is the country's 32nd-largest state, covering an area of 48,434 square miles (31 million acres). Game species to be found on land for sale in Mississippi include whitetail deer, turkey, dove, ducks, and hog. Anglers can enjoy casting for bass and catfish.

The Magnolia State incorporates over 50 wildlife management areas, in addition to nine national wildlife refuges, where hunters gun for white-tailed deer, waterfowl, wild hogs, and wild turkeys. Generous seasons and bag limits, along with robust conservation efforts, make this a popular hunting destination. Over 100 public lakes, 123,000 stream miles and 255,000 freshwater acres not to mention, Gulf Coast access make for some unforgettable fishing experiences, too.

Wholesale Real Estate Investing

Real Estate Wholesalers are investors who employ a technique in which they sign a purchase agreement (with the inclusion of an earnest money deposit) as the buyer. But then the wholesaler finds another party (often referred to as the end buyer) to purchase the real property (rental property, or otherwise) for a higher price – to wit, the profit earned as a middleman. Wholesale houses purchased by real estate wholesalers tend to be below market value and offered by motivated sellers and those facing financial distress and uncertainty, like with the circumstances created by a pending foreclosure. When investing in wholesale properties, the contract’s buyer receives this transferable right by way of the contract through the Principle of Equitable Conversion or Equitable Interest.

Because real estate investors may work several of these real estate transactions at once, they are referred to as 'wholesalers.'

Real estate wholesaling is similar to the fix and flip strategy. Still, it is often preferred because there is less need for substantial capital, with the deal typically closing significantly faster than house flipping. Real estate wholesalers can profit without taking title to the property, mitigating potential risks and unknowns when renovating. Note, however, there are instances where the real estate wholesaler may take title to the property – only briefly if they are exiting the wholesale deal using a wholetailing or double closing strategy.

For new investors, the art of real estate wholesaling is an intelligent way to meet other real estate professionals as the practice lends itself to networking even while negotiating your first deal. This is an important step to establishing a cash buyers list. Wholesaling real estate in Mississippi is legal, but it is critical to understand the relevant laws and local customs for the market in which you intend to work.

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