As a temporary fix, you can find the most recent member call (not advanced call) recording here:

Land Investors Member Webinar April 4

You should then find past webinars in the scroll bar at the bottom of the page.

Hi Marcus. I’m not exactly sure if I understand your question. That said, I think most would agree that pricing is truly local. Sometimes that can even be street by street in a subdivision. If you want to price by county (and not town), you’ll need to find very rural counties with consistency in pricing on sites like Land and Farm and LandWatch.…[Read more]

Austin — This is the type of activity you might put a virtual assistant on in the Philipines at $3/hr. Have them pull the Redfin data zip code by zip code and put it in the green/yellow/red light format for you. (And then you pull the RealQuest data to determine the number of SFRs per zip code.) And maybe later, once you have a great deal of…[Read more]

This may depend on whether or not the sale price reached a specific dollar threshold in order to generate owed taxes. I think in Colorado (and this is a wild guess), the sale price needs to be $100,000 before tax paperwork needs to be filed with the state. But talk to a real estate accountant in the state where the land you sold is located.

Thanks, Tim. That seems like a great resource for tracking down future drone photographers. In the end, another member here was able to refer me to somebody up in Steamboat Springs who was able to take some nice photos using a drone:
https://www.burgescophoto.com/

Have you sent neighbor letters to the adjacent lot owners? Also, send letters to anyone who owns a lot of property in the area, especially anyone who appears to be buying lots recently. Otherwise, I would keep on advertising and not wait. If you still have the parcels in May, send a photographer up there if you think nice photos will attract more interest.

I have two sites — a buying site and a selling site. My buying site is through Carrot. It’s fine. It got me up and running quickly, but I felt compelled to change quite a bit of the text. I also don’t use it to attract business through searches, so it may not be the best money spent — but for an ‘out of the box’ experience, I was able to get a…[Read more]

Thank you, Kevin, for sharing your experience with neighbor letters.

Problem solved: you can increase your results to 25,000 records in RealQuest. In the upper right-hand corner click the drop-down menu under your user name and select ‘My Preferences’. About halfway down the page you’ll see “Maximum number of records to retrieve per search:”. Change that number to 25,000.

Yes, you have a point about the video. I…[Read more]

No, we don’t have access to DataTree (that’s apparently being released with House Academy). That said, you can easily determine the number of SFRs using RealQuest.

Go to RealQuest, log in, and click ‘Custom Search’ at the top. Add the state and county in Step 1. If you enter the zip code at this step it will pull up the county and state where…[Read more]

The videos are working now. I simply logged back into my account (even though I don’t recall logging out previously). Playback volume is good.

You’re correct — I’m also not able to load those specific videos (but 1 & 4 are fine). I’ve watched some of them before, so I don’t think it’s user error.

Yes, a deed type can change when sold to a new owner. It really depends on the situation and the intent of the seller and buyer. The type is changed literally when the new deed is drafted and is the basis of the type of warranty you’re giving the buyer.

For instance, many here recommend buying vacant land on a warranty deed but selling it on a…[Read more]

Hi Quinn. Honestly, I would recommend starting with podcasts. Not only should you listen to the Land Academy Show and Casual Fridays REI to learn about land flipping, but be sure to listen to BiggerPockets Real Estate Investing, BiggerPockets Money, and ChooseFI for general investing and life-hacking advice. I would also suggest reading ‘The…[Read more]

Update. Ok — lesson learned: Don’t panic and assume the worst after talking to just one person. Turns out you can have deeds notarized in MD, but typically banks (and some notary publics) may refuse out of liability concerns. But it is possible to find others to notarize these documents in Maryland without spending money on a title closing.

Hi Daniel,

Your post was difficult to read because of the attached graphic — so I originally thought you had started the call-service business yourself.

Since that’s not the case, do you happen to know where their agents are located? Outside of the U.S.? If so, have you noticed strong accents that may interfere with communication?

Neil

Marcus, the majority of people who contact you to sell want a quick sale — either because they need the money fast or they just don’t want to deal with the land anymore (or both). Traditionally, owner finance is more likely when the owner wants more than what the market will bear. As a result, I don’t think it’s likely you’ll find that situation…[Read more]

Thank you for the book recommendation, Joe. I just ordered a used copy of ‘The Goal’ on Amazon.