Hey everyone,I'm currently sourcing off-market land (10+ acres) in the Celina/Prosper corridor for a national homebuilder client.The feedback I'm getting from local landowners is that expectations are still stuck at 2024 prices, even though developers are looking for deals closer to $40k–$50k/acre.For those farming North DFW right now, are you seeing sellers start to come down to reality?

I'm curious if the channels that work vary by region. i completely agree with you , follow up is what make this work and you would literally lose on 80% of your leads if you don't follow up , but the thing is most wholesalers or investors do everything alone , for example they would be distracted with trying to get good seller leads they  need to do skip tracing and then some also do cold calling rather than focus on closing the deals personally we use go high lvl CRM and what i do personally is generating the high quality leads as i have cold caller team then we do the skip tracing and make sure the leads have high quality / off market and below the market average price , i'm still thinking to start as a wholesaler but currently i just help wholesalers with generating the high quality leads , i need more experience as wholesaler but been working on generating prequalified seller leads for the past 10 leads , do you have advise where to start if i want to build a complete process from A-Z rather than just generating the leads through  List pulling, dialer setup, skip tracing, SMS outreach, cold callers ?

The biggest mistake I see with first syndications is underestimating investor relations after closing.

Just wanted to make a post to see if I could offer any guidance to anyone just starting out in this industry.

I would recommend 20% down and you can see cashflow.

Here's an example of Alabama law change a couple of years ago.

I'm not seeing costs for furnishings or utilities or lawn care etc. just a 10k capex for repairs. 

:)  That's your loan to value so for example if your property is worth 100k the most the bank will lend you is 80k which is 80% loan to value.

I don't recall seeing any over in Placer County.

For example, my hometown just recently suffered an 84% municipal property tax increase in a single year!