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...