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Deal 5 - Why I sell on a Land Contract

Friday, January 29

So my for my fifth deal things got a little more complicated.  I was called from a gentleman in North Carolina that owned a 1.6 acre piece of land in Northern California in a subdivision.  I originally offered him $3000 for a piece of land he paid $25,000 for 20 years ago.  He had not been to the...


Deal 4 - 5 Acres Tehama County

Friday, January 29

My fourth deal was very comparable to deal number 2.  I was called by a gentleman that inherited a 5 acre piece of land in northern Arizona.  He had inherited the land and had accumulated about $100.00 in back taxes over 4 years.  He wanted to get rid of it.  I offered him $900.00 and he accepted...


Deal 3 - 2 Acre Colorado Mountain Lot

Tuesday, January 05

So this is the third entry where i will chronicle my first 10 transactions of buying vacant land. The third parcel that I purchased this year was located near Colorado Springs in the Mountains. I received a call from a gentleman that owned 2 acre property that he had purchased 30 years ago to b...


Deal 2- 10 Acres Northern Arizona

Friday, January 01

I received a call from this seller a my second week of marketing for vacant land.  The owner  wanted $600.00 for 10 acres just off the highway in Northern Arizona.  There were also $300 in liens on the property.  I was still new to this game but land for less than $100 an acre what can go wrong?W...


Deal 1 - 40 Acres

Friday, January 01

So in June I sent out my first group of letters.  I focused on Northern California - disposable income and Northern Arizona - cheap land.  My first motivated seller came from San Francisco.  The seller owned a piece of land that her grandfather had won in a poker game.  She new it was worth 12K b...


The Next Chapter

Friday, January 01

I have always believed in trying to help others learn.  I started to chronicle my direct mail campaign two years ago.  If you have ever mailed a ton of yellow letters you know you get hammered.  It always took me a long time to find good comps and return calls to sellers.  The blog quickly became...