Close this search box.

How do you make money flipping land?

What are the pros and cons of investing in land deals as opposed to other kinds of real estate?

Jon Jasniak started flipping land in 2016 when he was 23 years’ old and working as an engineer. After 18 months of doing both, he quit his job to go into the land game full time.

In the last seven years, Jon has done 700 deals across 7,000 acres and built an eight-figure land business. And in early 2023, he bought an entire town in West Texas!

On this episode of Financial Freedom with Real Estate Investing, Jon joins Garrett to explain how he buys land under value, leveraging seller financing or private money to get into deals.

Jon discusses how he reduces friction in his business by subdividing land and selling it to average people without a title company, marketing on sites like Facebook Marketplace and Lands of America.

Listen in for Jon’s experience buying Cornudas, Texas, and learn how he is adding value to the town and making money in the process!

Key Takeaways

How Jon makes money on a land deal

  • Reach out to landowner and buy under value
  • Subdivide into 5- or 10-acre plots and sell for more

Why landowners are willing to sell under value

  • No interest in doing paperwork or marketing to sell
  • Broker doing poor job and land not moving

Jon’s approach to doing a small land deal

  • Pay cash
  • Fund with investor (find on Facebook groups)

Jon’s approach to doing a big land deal

  • Prefers seller financing over bank
  • 5- to 10-year note with low down payment

How Jon talks landowners into seller financing

  • Benefit of monthly cashflow, tax advantages
  • Offer 7% interest, option of cash price (20% lower)

How Jon leverages private investors in land deals

  • Step into seller’s shoes, seller finance land to him
  • 12% to 18% interest but still double money

Who Jon sells subdivided plots of land to

  • Average person looking to get out of city
  • Sell through Facebook Marketplace or on

What Jon looks for in a land deal

  • Acreage 30 minutes to hour from city
  • Good water and access to power

What it looks like to market land

  • Drone photos, videos of land shared online
  •  Low-friction closing process (without title company)

Jon’s experience buying Cornudas, Texas

  • Small, unincorporated town in West Texas
  • Café, mobile homes and RV park on 28 acres

What inspired Jon to buy Cornudas, Texas

  • Wants to be known as go-to person in land
  • Motivated seller, bought for less than $500,000

How Jon is adding value to Cornudas, Texas

  • Install security system, proper AC
  • Add STRs and establish RV park, primitive campsites
  • Expand menu at café, sell convenience items
  • Connect with Jon Jasniak 

Jon’s Website

Jon on Instagram

Jaz Land on Facebook

Related Articles

Multifamily vs. Land Flipping

Multifamily vs. Landlording

Should You Invest in Apartment Buildings or Land?

Connect with Michael Blank

Michael on Facebook

Michael on Instagram

Michael on YouTube

Michael on TikTok

Apartment Investor Network Facebook Group

Email [email protected]


Register for Deal Maker Live

Join the Nighthawk Equity Investor Club

Explore Michael’s Mentoring Program

Access Michael’s Free Resources in the Freedom Vault

Review the Podcast on Apple Podcasts

Financial Freedom with Real Estate Investing by Michael Blank

Podcast Show Notes

Lands of America

Side Hustle Nation EP108

Where can we send your Calculator?

You have Successfully Subscribed!