New to Real Estate · Knoxville, TN · Member since 2022 · 52 posts · 14 votes
Hi! I'd like to start actively prospecting for land and am looking for advice on strategies from those who have done this successfully. I'd love to just hear what has worked for you. Also, below are some ideas I've had.
It seems to make sense to start with a list of people in my ideal area that have owned land for a long time and are not actively using it. The part I'm navigating is that I need a specific piece of land for the project I want to create. What strategies have worked best for you? Should I use something like propstream to find all acreage that fits my size parameters then just start doing drive-bys to see if it looks like it would work? Then from there just narrow down the ones that don't look like they'd work? Do I just send my collateral to everyone that fits the parameters then go see the land once people respond? How much detail on what you'd like to do with the land do you provide up front? I have a proof of concept web page and can provide a personal story and touch. But I'm not sure how much time is worth investing on the front end.
I have actively purchased land that I identified for the last 10+ years.
The easiest way to find out if the land is for sale is to talk to the owner directly.
You can use tools such as Whitepages.com surprisingly they have over 90% of people's cell numbers.
If you can't get the owner on the phone, I would send them a letter asking them if they want to sell, I have seen other people use actual contract offers that they send out to the owner trying to purchase the property.
I would not share my concept unless its some sort of Charity that you are either seeking a partner or donation for.
I haven't used PropStream, However one really good tool is called Land Glide, its and app on your phone, and you can look at the parcel makes in real time, and also see the owner info and for each parcel.
I like using LandVision/Lightbox. I have my virtual assistant build a sheet of land prospects based upon criteria that I gave him, then I have it all skip traced. I send letters, sometimes call.