I've looked at like 500 plots of land and made about 40 LOIs, most of what we targeted was land owner contributed to the development and underpriced land identification that we can get at least a 5x value bump on entitlement. the numbers are much higher in columbus where the downtown district in 43215 isn't bought out like Brickell or Edgewater. we can justify any land cost by just going more vertical. columbus is untapped with less than 1000 units proposed per year it's unbelievably open with 50,000 units behind and very high absorption. 

The reason is that subcontractors can lien the property and title can be clouded.You also need to know IF you qualify for x dollar amount that you target.

That’s easier for a buyer to get into the deal, but for the seller it translates into them getting $38,400 for that same land instead of only $25k.The seller could also do a land contract, with essentially the same type of terms as with the owner-financed deal, the difference really being that instead of the seller having just a mortgage lien on the property till it’s paid off, they actually retain full ownership of the land until the contract is paid in full.I would have the seller tell you what they wanna get for it, then tell them you’ll add your fee to it and find a way to make it happen… and then come back a day or two later and tell them that you found a way for them to get their price, for you to get your fee, and for it to still be appealing to potential buyers… Then walk them through the deal, how it’ll work, explain to them how your way is more beneficial for them overall, explain how your way opens up the floodgates of potential buyers now, and most importantly explain to them that doing things deals this way is very common when buying and selling land, and how its really the only way for them to get what they want outta that land 👌If you act like an expert on the subject (or at least more knowledgeable than they are) I promise they’ll most likely just follow your lead because they trust you to get it done.And if they are truly motivated to sell, then they’ll welcome with open arms any creative thinking that will help them get what they want.Good luck!

I run a call center for Real Estate where we call for investors and I can tell ya, your best bet with such limited time is cold calling targeted lists (high equity within your buy box) for 3-4 hrs every day.

Here is some info on why they recommend one still:It is recommended that single-member LLCs have an operating agreement for a number of reasons, including: Protecting against personal liability disputes Maintaining a clear separation between personal and business affairs Providing guidance on how the LLC should operate Making it easier to work with third parties Allowing someone else to run the business if the owner is unable to

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I would say to target something unique in areas that are high demand or at least underserved.I would also have your management plan down pat

I’m here to make rental management easier for you, take a load off of your hands, and allow you to be more efficient in business!

While you’ll face a fair share of rejections, patience, and persistence can lead to excellent off-market opportunities.Search for “For Sale By Owner” yard signsKeep a sharp eye out when you’re driving through your target neighborhoods.

The biggest key to you doing a refinance will be to target your monthly savings.