Anybody work with Jasper County, TX before? Specifically, have you tried to pull up parcels on parcelfact for the county.
It says it has coverage of jasper county. And normally, any time it has, even if my realquest pro data doesn’t return the parcel, I’ve always been able to figure out the pattern – either by checking the parcelfact pattern or…[Read more]
What about signing an option agreement with the owner. The option agreement gives you the right to pursue the quiet title action. Should you win, then the agreement could state that you would purchase the property for 13k and she would agree to sell the property for same. The option could have a limited timeframe of say 6 months for you to…[Read more]
Usually when it looks like that I assume (we know what that gets us but…) that it is the actual legal boundary. That being said, it looks like someone would have to build a really long road in order to get to any usable portion of the land. Not only that but that also means there’s a sizable chunk of this lot that is basically unusable as its…[Read more]
When I first started, that was one of the things I was a little afraid of. I wanted to send out the PA’s with my signature but I didn’t feel like the default PA from LA had enough contingencies to easily let me out of the deal. So I added some myself. Really, a key one is this first one here that I believe allows me to get out of just about any…[Read more]
I had one lot in tennessee that would only perc for a 1bdrm house. Buyer backed out. Ended up having to reduce the price to about a 1/3 of what it was under contract for before it eventually sold. Any chance it tells you what bedroom size it would perc for? Or is that it wouldn’t perc at all?
In that lower price range which is where my tenn lot…[Read more]
Depending on how you do investor agreements, I don’t see why you’d even care how much is in that fund. I tried a 10k mailer back in december. I got 4 good deals that I funded two myself and had LA fund the other two. Total profits from the four deals was 83k with an investment of 44k. Of that, LA funded 21k and received 23k of the profit. So my…[Read more]
What about the size of the property? I’m assuming you would have had to state how many acres the property was. The deed said 1.5 so I’m guessing you advertised at 1.5. Is the lot still 1.5 after seeing the new boundary lines? If its strictly a boundary thing, I would offer the discount and let him know that you never advertised the boundaries so…[Read more]
Mike replied to the topic Share your favorite EXCEL Macros, hacks, shortcuts! in the forum **Pro-Only Members – Ask A Question** 2 months, 3 weeks ago
I have a handful of macros I use to scrub the data.
1) Remove duplicates. I remove duplicates by name and also by mailing address.
2) Calc offers. Based on the county I’m looking at, I try to frame my offers by size and sometimes by town (depending on the county).
So when I do my research, I come up with a grid:
These are the low end retail…[Read more]
Mike replied to the topic Real Quest Pro new interface released – No Improved % filter of 0 to 0 allowed! in the forum **Pro-Only Members – Ask A Question** 6 months, 4 weeks ago
I haven’t done a ton of counties but of the 20+ or so I’ve pulled, I don’t think many of them have land use that you can rely on. i.e. Vacant land is rarely used to specify vacant land only. If you do, you’ll leave out a ton of records. Most of the times, I see things like Residential or other stuff where it basically covers everything under the…[Read more]
I have been doing data pulls last week and this week and today they popped up the new
interface for real quest pro on me. It was similar enough that it wasn’t a big deal
but then I tried pulling records and now there is a HUGE problem.
I was unable to get any records for any counties (even the ones I did last week) when setting the filter…[Read more]
Mike replied to the topic easement on the deed for a 140 acre land locked property in OR in the forum **Pro-Only Members – Ask A Question** 6 months, 4 weeks ago
I just ran into a similar issue myself and got some help from some fellow la members.
You can pay a title company to do a preliminary search specifically to determine if there is legal
access to the property and, if so, to have it identified.
Given the size of the purchase, I’m assuming you’re going thru title. Interestingly enough, the…[Read more]
Another way to do it is to partner with someone that does some things better than you do and that you do some things better than they do. Or maybe its more that they enjoy doing certain parts of this business that you don’t and you enjoy doing certain parts that they don’t. Then you both put up the money and split the profits 50/50.
A perfect…[Read more]
If the county is telling you the taxes have been redeemed and are now up to date, you’re good to go.
I wouldn’t even bother asking the seller for a receipt. The county wouldn’t like.
What would the back taxes actually be anyway if he hasn’t paid? Typically, the vacant land stuff
is like $100 or less.
I’d definitely move forward especially if…[Read more]
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]
Mike replied to the topic Do you price your land based off of what you paid or the market? in the forum **Pro-Only Members – Ask A Question** 7 months ago
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]
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