All Forum Posts by: Edgar U.

I have tried, and it doesn't work on a skip tracing capacity at least that was my experience a couple of months ago, the tech is growing so not sure now. You could probably find better luck on Fiverr to get you to skip trace those sites.

Event was in full capacity and needed to register to display address. Def next time, send me a PM if you are looking to connect some more regarding land!

Send me a DM, actively looking for raw land!

Attention wholesalers, realtors, and anyone that has a deal! Doesn't matter if property is listed or not listed. We are actively looking to rehab 5-10 properties per month. I am the acquisition person for our team, and this will be DIRECT buyer kinda of thing. We will pay cash, and close quickly. Please send me a PM with anything you have within the RVA area, Henrico as well!

Date: May 23rd, 5-8 PM (Central Time)

Location: Houston, Texas. Venue will be provided upon Sign Up!

Grab your FREE seat at bit.ly/tlemeet

If you're either new to land flipping, or have been locking up land parcels but struggling to sell them, or have buyers but not enough land deals, you need to be at the TEXAS LAND EXCHANGE's Wholesaler Meetup this Thursday (May 23rd, 2024) from 5-8 PM. A lot of wholesalers end up locking land DEALS THAT DON'T SELL because either the area is not desirable, or the numbers don't make sense, or the contract terms aren't feasible for anyone to locate the right buyer in the right time frame or at the right price. Here's How To Avoid Those Mistakes. Builders Land Source is setting out to create a Land Exchange Network where wholesalers can structure deals from the start so that they sell super fast. We'll discuss the most efficient, standardized way to calculate land values, arrive at offer numbers that don't get you yelled at by the seller, and putting together contracts with terms that help you move the deal comfortably, quickly for maximum profits. Let's Flip Some Land!

I've started from nothing, my family comes from a "small town" in the remote part of my country. We struggled during my teen years, and this affected me into my adult life meaning that I had to fend for myself. Which in turn created a fire that I haven't been able to let go. I worked my way to sales/own business and haven't looked back. I would say that having kids has only ignited the fire even more, however, one thing is important amongst all else mentioned here (i.e) living kids this, or create a trust fund for kids. I have personally seen and lost count on how many times I have been reached out by that kid who inherited a property cashing out just as quickly as the inheritance came.

The BEST THING one could do for there kids aside of leaving them well prepared for there future is JUST BEING there for them. Don't worry about leaving your rental portfolio, trust fund, 'X' amount in the bank, 401ks... Kids and event ADULT kids want you to be there for them. Listen to them, play with them, hug them, make them laugh, and amongst all else tell them that you LOVE THEM!

At the end nothing else that you leave your kids will matter if you don't enjoy those precious moments. 

@Clint Jusino is spot on using Redfin. You may also use Xome.com. For Redfin to show comps you may need to login to view the past solds, if no sales data just discount a few % off the listing price since some markets are going for near retail anyway.

- Is it worth buying a course (seems like there are plenty out there) or should I just dive right in without one?

Answer: Yes and No. If you already come with the experience (i.e) r/e background experience, don't need one. Most courses will be the same as others, picke a county/state, scrub the mailer, and send out the mailer. Your all in cost for a course will probably be 1k entry + monthly cost. Use that money for marketing instead.

- Should I use my own capital up front or try to partner with an established land flipping business to fund the deals?

Answer: Best to use a funder, for the 1st couple of deals to get experience and get a 2nd opinon on pricing. Keep in mind that some funders come at a premium and in the land space this means 50% in equity to them. After a couple of deals and you get the hang of it, def use your own capital.

- Is it really possible to do this while working a 9-5, or is it something you need to go all in on and quit the 9-5 to pursue?

Answer: Yes, I did this while working full time. I am an accountability group with most folks who run this gig part time. Just treat it as a side hustle until you are ready to give it a go full time, or if you like your ft gig, just keep doing this on the side!

- Is there another way to make this business model work without sending out direct mailers that could cost tens of thousands of dollars each year?

Answer: Yes, you could start with FB ads, Google Ads, Cold calling, or calling FSBO's from Zillow or buying lots from auction. None of these require that much capital!

Luv it, if there is anyone I follow like a hawk is Mr. Jay Hinrichs, and this is a testament to all those out there saying that the market is dead, no leads, acquisitions, sales, etc.