Luke SmithModeratorMarch 17, 2017 at 1:55 pmPost count: 1228
Was just noticing in my accounting software that the number of properties bought crossed over 1,000 since I started. It does not seem like that many but I wholesaled a bunch off along the way that I never even put in the accounting system too. The phone keeps ringing 2,000 coming right up!MilanParticipantMarch 17, 2017 at 7:06 pmPost count: 451
Amazing! Congratulations Luke! You’re true land rockstar with big balls 🙂Dave AyresParticipantMarch 20, 2017 at 1:23 pmPost count: 19
Wow! Nicely done Luke. I appreciate watching and learning from you through your input to others. Thank you for doing that. Celebrating with you!!MikeParticipantMarch 22, 2017 at 8:45 amPost count: 30
It really is kind of amazing.
I would bet there are quite a few people that decided to take the leap of faith and commit to this program because of your success – at least I know it was one of the reasons I did. The biggest motivator to real estate investing, for me, has always been seeing other people doing deals. It means you know the deals are out there – you just have to take your lumps while you’re learning the ropes and put in the effort to pursue them.
Based on your results, I don’t think you’ve taken many lumps along the way. But your success is definitely been a huge help in demonstrating that the model works. At this point, I’m just curious to know whether you hit your first 1,000 sooner than Jack. 🙂 Granted, thats a little unfair given he had taken a lot of the lumps out of for the majority of us by putting this program and this set of applications together.
btw: My first mailer was a bust. Stuck with it though, got a little better understanding of the process along the way (i.e. took my lumps), and did a second mailer. Picked up 5 parcels in 3 deals for roughly 9k (62 acres total). Absolute cheapest land in the county is going for 500/acre (2 or 3) and almost all the rest is going for 800 to 1k and up. Quick sales at 400/acre? We’ll see…..
Next mailer going out next week. 🙂
Keep sharing the success stories, Luke. Its a huge help to more people than you think.Ik AlileParticipantMarch 22, 2017 at 9:40 amPost count: 16
That’s amazing. Real inspiration for us beginners. I just bought my first 7 properties, hopefully they’ll be sold off soon and I’ll be on my way too.
Thanks for sharing LukeGeneParticipantMarch 24, 2017 at 9:27 amPost count: 64
Awesome job – thanks for sharing. It’s very encouraging.Luke SmithModeratorMarch 24, 2017 at 9:49 amPost count: 1228
Lady shopper in AR just called her back. She started crying on the phone over buying land so easily. She was telling the kids and neighbors while I still had her on the phone. Nice feeling. Now she wants land for each of her kids too! Went from I can’t afford the first one to land for everyone!Luke HarrisParticipantJuly 30, 2017 at 7:11 pmPost count: 145
What accounting software do you use Luke?Aaron EnglishParticipantAugust 5, 2017 at 2:57 amPost count: 21
Awesome Luke! You’re crushing it!Luke SmithModeratorFebruary 7, 2018 at 9:59 pmPost count: 1228
The accounting software is Buildium for property mgt. It’s much more for SFR than land but works for land. Have been moving more and more over to spreadsheets so I can customize more and search easier. They are free and I own them too not like SAAS raising the price once they got all your data in their system.Tommy SuriaParticipantFebruary 8, 2018 at 3:08 pmPost count: 7
Howdy Luke: do you mean Excel for keeping track and customize searches??Luke SmithModeratorFebruary 8, 2018 at 9:02 pmPost count: 1228
I use Google docs so I can share with my team. Get more done that way.
You must be logged in to reply to this topic.