All Forum Posts by: Scott Morris

@Scott Morris thanks for that insight brother. Appreciate it. Right now Im using Propstream and also looking at Propwire which is free data for now. How are the ones you use comparable to Propstream? Excuse my ignorance, just getting back into all this..

Hello everyone, 

I'm a new BP user and I recently finished Dirt Riches by Mark Podolsky. I am a Real Estate Agent and investor in PA and this concept has me intrigued. I have read through most of the materials on Mark's Land Geek website but I have not made the jump to pay for the course. 

I thought I would ask the BP community, what are the best sites you've found to locate properties of distressed owners to begin contacting? Reading Dirt Riches it is stated to find the areas where sales are increasing, and while this information is available on Zillow, Realtor, etc. what are the tried and true resources some of you have used? Thanks for any input! 

I'm planning to sell a 40 acre residential parcel in southern Nevada. I have the GPS coordinates of the land. Is there any reason to get a land survey done before putting it on the market? It is my understanding that it is up to the buyer to pay for the survey if they request one.

I just received an offer from Land Pros 365 in the mail for piece of land that I own in Inyo County, CA.  They offered me significantly more money than I've been led to believe in the past that the property is worth.  I would like to know if anyone knows anything about this company and if they are legit or not.  The letter I received is from the same Oscar Vasquez that has been mentioned in other comments here.

If you own a piece of vacant land (especially in the Southern half of the country) you absolutely have (or will) get an offer like this. The niche of sourcing vacant land via direct mail has been growing quickly over the last few years.

It can be difficult to ascertain how legitimate a specific buying company is but the quality of their communication is often a good indicator. They will commonly send "Blind Offers" for the property but the accuracy of their initial pricing varies wildly.

If the price works for you and they seem communicative I would simply make sure that:
1. You require an all-cash purchase (as opposed to allowing them to tie up the property for months at a time with no skin in the game)
2. You close through Escrow (Some buyers will try and get the deal done outside of escrow. This is rarely advisable)

I'm sure these are things you've already considered but they are the most common issues I see people running into when dealing with land buying companies.