I haven’t purchased the land academy package yet. Like some of you I purchased a similar package elsewhere and am debating where to go next. I read the free e-book and posted a few ads on craigslist with the template stating I am looking to buy unwanted rural acreage. I just got my first call on 20 acres from an out of state owner. He just wants to get his money back on the deal. He paid $2,500 an acre. I explained my business model and told him I cant buy at that price and turn around and wholesale. But I suggested an option contract to see if I could get anything over what he paid for his initial purchase. He agreed to sell it to me at his cost if I find a buyer.
My question is how to handle this situation. I’m sure some of you have encountered this. He found me on craigslist and up until now that is the only venue I have used to market/sell land.
How do I market and sell this land for more than $50,000 to make it a win/win for both of us. I would be happy to sell for $55,000 ($5,000 in my pocket) or more to make a profit.
Any and all suggestions are welcome. Thanks for your time and I’m hoping this community is one I can continue to participate in and give back where I am able.
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