Like Joe – all my contracts say “and or assigns”. I have no trouble doing assignment deals on land.

Landrov – Both companies are owned by CoStar Group. Loopnet is focused on advertising for commercial properties of all types. Land.com sites are focused on Land only. Using Loopnet to research vacant land will miss a lot of properties since it should only show the ones with commercial potential.

Ellis – I think it will sell. Just use two rows of blocks instead of one row of blocks when you set up the MH. I agree that if it is cheap enough, it will sell.

Hi Mario – Welcome to the Land Investors Forum. We are all here to help you.

Benjamin – Partner deals in land purchase frequently are set up to split net profits 50/50. Investor partner funds purchase and purchase closing costs. Profit is calculated as Sale price at closing minus Purchase price at closing minus closing costs for both transactions.

Jenna – Power of attorney is fine while the husband is alive. (Many people try to apply POA after the death of a spouse but it is no longer in effect after death). She can sign for him. You should get the portion of the trust that specifies who can buy and sell real property. You might want to consider closing with a title company if you plan to…[Read more]

Hello Reed – The success is all up to you with either model. Land Academy delivers what they promise and there is no “upselling”. Please read the forums and listen to the podcasts to get a ton of information about land investing for free. Then decide.

Blake – click on Data at the top of the page. Then look in the section at the top labled Data Tools. There is an icon there with three horizontal bars that are blue, white, blue from top to bottom. The icon has a small red X on it. Use that icon to remove duplicates from any column.

Hi Victor – Thanks for helping out by sharing your contract.

You and everyone should always share email and phone information via Private Message on the forum. Anyone can see your information and could misuse it.

Leonard – My advertising budget does not depend on the number of properties but is somewhat fixed per month. I use Land.com and CL mostly. I don’t prefer to use MLS unless I have the property listed with a realtor to sell. I only update CL ads when they are due to expire.

Humberto – Congrats on your first mailer and getting a lot of calls. Keep up the good work.

Armaan – I agree. Good luck.

Absolutely the answer is yes. I am interested but have not done it. More variables, more risk, bigger rewards, longer time to buy and sell. We might see a new commercial product from LA in the future.

Jason – These look pretty good. Here are my comments:

24.46 ac for $20K – There is a pipeline easement across the northern 1/3 and a road across the southern 1/3. Plus another road running N-S that may be a road or a driveway. Depending on how the easements are written you will lose buildable space. Comp value is about $60K. This would be a…[Read more]

Armaan – The sign is not required but might be a nice touch. Most of us send photographers to get pictures of our vacant land. You could ask that person to put a sign up but you would have to have it made and sent to him/her. This is not required for rural vacant land since not too many people will be driving by.

Kent – I would use the description on the vesting deed. But why are you closing it if you are using a title company?

Kent – that is a perfect deal! This is also a great example of why you have to send out mail EVERY MONTH! You mailed offers in April and now it is mid August when you made the profit. 3 to 4 months is not that unusual for this business to get the returns. So if you want some profits in December, you should have mailed offers in August. If you stop…[Read more]

Some states are attorney close states. Most are title company close states. First you need to know what is the method used in the county or state that you are working in. The only advice I can give on title companies is that you put the date that you need to close in the Purchase Agreement. Most of them work to that date. If you have 45 days of…[Read more]