We’re talking Parcels today and how weird of a shape is too weird. Is there too weird of a shape? Todays thumbnail is an actual parcel being purchased and after passing on it multiple times because of how it looks, the seller came back with a price that we couldn’t pass up on. So what are you thoughts? Too weird?

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One thing for sure in this business is that there is no one way to do something. A lot of times there might be multiple ways to do things. Sometimes trying to figure out what you think the best way is. can take up more brain power than actually putting any of the “ways” into action. You’ll find out what we’re talking about on the show but the question boils down to.. When you subdivide a parcel, do you pay back the bank, investor, partners, etc.. first and then take profit or do you pay them back a certain percentage off of each sale and put a little profit in your pocket each time?

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When we first got started in this business all we ever heard was talk about making 3x your money on all land deals. That was back when we had to walk to school up hill, in the snow with no shoes on though. Times are different now so what people are shooting for has changed. What’s the new profit number? Is there one? Should everyone be shooting for the same?

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Sometimes you think you get it right and have your property priced at the perfect amount. Sometimes the market tells you different. Does it hurt the property to drop the price? Does it make it more attractive? What about alternatives to a price adjustment? All things we go over today with some actual numbers so let’s dive into it right now.

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There’s a whole lot of things that can go wrong in this industry but there’s one that can really screw things up for you if you get it wrong. What is it you ask? Well you’ll have to join us today to get that answer but it’s important so go ahead a give it a listen.

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It’s getting close to that time again. The holidays are starting, money is being spent and before you know it this year will be over and we’ll be on to the new year. The question is what are you doing now to get ready for it?

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How reliant are you on the systems, companies and people you use in your business? It’s a good question to ask yourself because what if it all went away tomorrow? Could your company survive? Would you even know what to do without the assistance of your suppliers? We’ve spoke about this before but it’s a really good test to give yourself and we were recently reminded of that so thought you guys should be too.

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Is there a “right” amount of inventory? Do you ever stop marketing for new properties? Do you take on partners or borrow more money? All things we’re gonna discuss today. So make sure you join us and then let us know what you think.

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So you have a property to sell and someone comes along and says that they’ll buy it but first they have to sell their current property. Sounds good right? but what if their property takes forever to sell? What if someone else comes along while you’re waiting and they want to buy your property now and for more? What do you do? That’s exactly what’s happening to one of us right now so let’s dive into it and come up with an answer.

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Sprinkle a little art, a little experience and a little data and what do you get? Land Values! It’s one of the most important things we do as land investors. Get it right and you can make some serious money. Get it wrong and you could potentially be out of business. So what’s our thoughts on the best way to do it. Join us here to find out.

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It doesn’t happen often but sometimes the maps we’re looking at aren’t always aligned with the right owners names. That’s exactly what happened to one of our host and while it was found out before anything happened, it does bring up the question of how we verify we’ve got the right property. Join us today and see what we’re talking about and let us know if this has ever happened to you.

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We’ve got an interesting show for you today. One where we’re going to ask a question and then use actual data to support our claims / question. These shows are great because instead of just speculation we can actually look at the numbers and discuss what they mean. So join us today because we’ve got some interesting facts to go over and talk about how the land business looks going forward.

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As our businesses have progressed and the markets have changed, the deals have become a little more challenging. The question is whether that’s intentional and we’re going after more difficult deals or if that’s just where the market is now. Either way we’re tackling tougher deals head on and we’re gonna talk about some of that today. So join us!

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Sometimes it’s just not worth it and you’ve gotta let those sellers go. It’s hard though because you start thinking about the money you can make, you’ve got some emotion in the deal and you combine those two and it’s easy to work a deal long after you should have. Some sellers just aren’t worth the hassle. They’ll lie to you, cheat you and make your life a lot harder than it needs to be. This is exactly what we’re gonna talk about today as one of the host is dealing with this in real time. So join in and hear all about it.

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Let’s face it, some of the people we deal with in this niche can and will lie straight to your face. Maybe they do it out of spite, maybe they do it because they’re embarrassed or just don’t know any better. Either way, it happens and how we react to it and handle the situation is what matters. Do you let them get away with the lie or hold your position? Hear some of our stories and how we’ve dealt with it today.

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Are we older than most of the guys that show up at the new land investor events? Yes.. Are we still cool and hip to the industry? Duh.. That’s no cap! That’s why we go though, to keep the young guns on their toes and if we happen to learn a thing or two from them, that’s tight too.

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It’s been a minute but summer break is over and we’re back! Just because we were gone from Podcasting doesn’t mean the work stopped though and we’re gonna start off today with some catching up and some good land talk so, let’s dive in!

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Watching your business grow is an amazing thing. It means you had an idea, you executed on it and now all your hard work is paying off. The problems you faced while getting started aren’t even worries anymore, they’re just something that you deal with as an entrepreneur. Now, you have different problems that only growth can bring. Are you ready to take those on right now? Are you prepared for what’s to come? It’s the question we’re tackling today and it’s a good one to think about so join us!

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While cruising Facebook this week an old memory popped up that said, six years ago we did episode 75 and the title was 90% luck, 10 Skill. Initially we thought, there’s no way that we had already done 75 episodes 6 years ago but the second thought was, do we still believe what we said all that time ago? So in todays episode we’re gonna dive into that and see if the older, wiser, more experienced investors / podcasters still believe in luck vs skill.

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You’ve heard it here before but having a good team around you can make all the difference. That 100% includes the people on the ground selling your properties. A good Realtor won’t just sell your land but in the case of todays show, they’ll bring you good deals too. This has been a particularly good week for our host on the connections we’ve made along the way so in true fashion were here to share that with you.

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