Mike – that has happened to me and you are spot on – one good deal will pay for the whole effort. Try not to lose sleep over your mailers everyone.

The beauty of it though is that even if you make a mistake, sometimes all it takes is one good deal and you can try again.

A few months back I sent out a 1700 mailer to big acreage stuff. Priced too low. Didn’t get a single acceptance thru my deadline. Then about a month later, somebody contacted me and took my offer. Bought for 7800, title…[Read more]

I disagree. I think there are some counties that you can definitely use assessed values on. And in fact, I would suggest they’re even better than doing it by hand against landwatch and the like. For me, I can do comps from landwatch at county and then city level. But thats about it. Trying to do comps at the APN level is a nightmare. But some…[Read more]

Here’s where I think that doubling your money comes into play.
No matter how you cut it, the market is going to determine what you sell it for.
If the market has a bunch of 5 acre lots selling for 3k to 6k, you do not want to come in and try to
sell your lot for 7k.

But lets say you buy that lot for 800. You could sell it for 2,500 and still be…[Read more]

I don’t know hes asking for description advice here. Paid ads require some parameters be configured to help the ad show up on the right person’s facebook. I’m not that familiar with the targeted ads either. But I would guess something like the geography of the user (i.e within 120 miles of Belen), interests of maybe camping, hunting, RV owners…[Read more]

Here’s how you can tell if your filtering criteria is the problem.
1) Remove the assessed value parameter. You don’t need to block that out at all.
2) Don’t set anything for Land use as you want to see how many lots you actually are returning.

Your filter should be vacant land (i.e. improved % = 0) AND the lot acreage size of 4.5 to 6.
That will…[Read more]

When I pull records in landwatch for a certain county to get a sense of pricing, I also look at the individual towns as they let you filter by town. Sometimes, there are certain towns in acounty where the pricing is significantly different. And then I price accordingly. i.e. Sometimes I see where town 1 has prices for 4 to 6 acres of 3k/acre and…[Read more]