Shawn – Anyone who is experiencing trouble while using PF should report it to support@landacademy.com. I just sent them a note this today.

Hello and Welcome to Efrain and Martha to Land Academy!

Go through the Cash Flow From Land training and then go through it all again. Then go back through the spots that you didn’t understand until you “get it”. Ask questions on this forum and use the links to the left for chapter specific questions in CFFL. Listen to as many of the podcasts as…[Read more]

Ask a realtor, they will say “Yes, absolutely.” Ask me and I will say “Heck No!” You must be a realtor if you are selling property that is owned by someone other than you. If you own it, you can sell it.

Ian – PM sent

I would consider it a liability or at least a lever to negotiate the offer down. Many buyers will pass on this one.

One deed with four signature blocks and four Notary blocks. I would make the signature block and notary block for each seller on a separate page. Send them all out at once via traveling notary. When you get them all back you can assemble them into one 5 page document. Deed on the first page and 4 signature pages. That should work well with the…[Read more]

Michael – I can’t comment on Apple Numbers, but you can try using Google Sheets as your spreadsheet tool. I use Excel for data scrubbing and I use Google to store my scrubbed data. Each of these programs has its quirks and takes some getting used to.

Lucas – you are probably use RQPro correctly. There are some tricks to searching that you must figure out with each county. Send me a PM with the counties that you are looking at and I will take a look at the data.

The further east you go, the more subdivided that land is. They have had a lot more time to cut them up into smaller lots over the years.

Yes, 5 acre properties are kind of a sweet spot. They are usually easier to sell than 1 or 2 acre lots. But that all depends on what county and state they are in. Every market is a bit different.

Chris – I don’t know if this will help you. I have a theory that I call “The Dark Threshold”. You can’t go forward because you don’t have enough information. The fact is you will never have enough information until you cross that threshold. Right now you can’t see what’s on the other side and you won’t see it until you step through. You can study…[Read more]

Chris – I think that sending out handwritten offers to out of state owners and tax delinquent properties is likely to fail – but the investment will be low. This is a numbers game. Send out one thousand offers to an area that has consistent values across the county for 5 acre properties and you should get some deals. Working in small numbers leads…[Read more]

John – I am assuming that you can not build in a wetland without difficulty or additional expense. You should ask about building in the wetlands.

Rebecca – We always get those. These people are the first to contact you with their almost worthless land. You didn’t do anything wrong. Wait a bit and see if you get some other offers for land that has reasonable value. You can negotiate these lower value properties down to lower price if you want, but I would wait for better choices. You do not…[Read more]

Rebecca – If you used the low comp from LW for pricing, then you should be good. That means that for the least valuable property in that county your pricing should be OK. If you get signed contracts for more valuable properties at this pricing, then that is a bonus for you. I am not understanding why you have signed contracts for properties that…[Read more]

Austin – look on youtube. I do not have a link.

Rebecca – If pricing for lots in that county is not consistent, then you can price by zip code, or by city, or by APN. Watch videos by Luke Smith to get some examples. I would not try to solve this problem by filtering the Assessed data. It is not representative of the actual cost.

I have almost always gotten my photographers from CL. I used a service one time and it worked out OK too.

I would hire a photographer to do photos and air photos but no videos. You can negotiate for him/her to do all of them at one time/day. I used to get a good guy to do my 5 acre stuff in NM for $100 each. I gave him 5 at a time so he was happy with a $500 day.

Hi John – I have a couple of suggestions for you.
1. Never post your email or phone number in a public forum. It can be easily used by scammers.
2. Send the mail and get the deals, then, when you have a decent deal in hand, you will be able to get your partner. If the deal is not that great, then you won’t find a partner for it.
3. I like to do…[Read more]

Mike – you already had a survey done so there is no need for another. Just provide your survey to the buyer to support their claim to the property. It is probably the neighbor who is incorrect. If I read your post above correctly, I don’t see that the county has anything to say about this issue.

I would have closed the sale with a title company…[Read more]