I sent my first “solo” mailer a few months ago. I say “solo” because I have done mailers with another Land Academy member before. But this was the first one I did all on my own. I sent out about 1400 units in Tennessee. I did take a few angry calls that bothered me at first but after it was ok. I finally had a guy that wanted $10k for his 11 acres. My offer was $7k. I called him and we agreed to $9k.
I called up the the closest escrow company and decided to do it through title. They guy owned it in a Trust. With closing cost, the total cost was about $10k.
I posted the land on LandWatch, RuralVacantLand, FaceBook, and Craigslist. After a few inquiries, a young guy just out of the military hit me through FaceBook message. He wanted the place and is taking out a loan to buy it. I talked to the bank and they said he is pre-approved and just needed an appraisal. We waited a few weeks for that but it came back fine. Once that came back, we were ready to close.
I was able to sell it for $24k. Now, I just sent out my 2nd mailer today. I didn’t send my 2nd mailer until I sold that first deal. I know I should be more consistent with it but I really wanted to feel I had a small financial cushion before sending out my 2nd. I did hire a call center to take my inbound calls. Now, it is just about trying again and trying to get better in this great land game.
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