So I know from reading the forums that A LOT of questions revolve around ‘getting started’, but I was not able to find anything answering my particular questions…
Here is my situation –
I am going to finance my land business initially with my tax refund…waiting on that to happen, but due to my not changing my information with my employer when I got married and had kids, it should be in the 8-10k range. That is all that mamma will let me have to start until I prove to her that I can make money at this.
Need to have versus nice to have…..
For the phone, I found that I can get another line added to my cellular policy and get a free phone with the deal for $20/month at Costco, so that I own the number. I think that is a VERY good thing to have, as J&J have spoken several times on having he same phone number that was listed on letters mailed a decade previously. As I plan for this business to last 10-20 years for me, I consider that a need to have.
Virtual mailbox….much has been said about this on the forum, and as we are in the middle of moving now to a house that we plan to be in for only 3-5 years, I think that that is a need as well.
Website…..when you are starting your business, a lot of folks have been stating that their website gives them credibility….is that still the consensus? Thoughts on having one built? I’m not very tech savvy at all, although I’m very good with data, this is something that I’d definitely be hiring out. I have family that does this for a living, and although I’d be thrilled to get a ‘brother in law’ deal….I’m not counting on it. How much functionality would you want, and what price would be fair?
These are the things that are on my mind as a newbie right now. I hope to buy the program in the next month or so, and like I said, as soon as income tax returns come back, use that to fund mailings and acquisitions.
What are y’all’s thoughts on these topics?
If you were starting anew now, knowing what you know after your land investing career has begun to unfold, what would you have done differently? What other things would you have done or not done? Set up an LLC? NOT set up an LLC? Hired a tax attorney? Etc.
Thank you all for your time and consideration, and thank you, Jack and Jill for opening up and letting those of us motivated enough to to provide more the tools and education we seek to do so.
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