One of my favorite strategies for creating profitable deals is buying, leasing and selling vacant land. No insurance no hassles. I have a special direct mail campaign that I have developed that brings me a ton of vacant land deals. For example the last direct mail campaign I sent out was 147 pieces. We got 17 responses and purchased 8 of those properties. I told you it was profitable.
So how do we deal with vacant land in our real estate investing business? Well for those of you who live in rural areas you have it made!! Let me share some of the strategies we have implemented. So one thing we do is hook up with dealers who sell mobile home packages. They will put the land and the home in the deal and the whole thing gets financed for the buyer and you get paid for your land. You could also do this with home builders.
We also lease vacant land. This is an easy way for a real estate investor to create monthly income. For example we lease vacant land to billboard companies. We also leased to a gentleman who needed to put a shed near a boat landing where our land was located since he is a canoe outfitter. Another person needed space to expand a worm farm. Another company leases from us to collect pine straw. We just owner financed another piece of vacant land so a home could be built on it. I could go on and on.
Folks if you are not investing in vacant land you are missing a portion of the market place that is very profitable. For all the information you need on implementing direct mail to locate motivated sellers check out my website at www.marketingmagiclady.com
We are starting on our newest rehab next week. We just put a new roof on it, that’s always the starting point for, start from the top and work your way down.
So many rehabbers that I know do all the cosmetic stuff and leave a bad roof, that just makes no sense to me at all. For one thing a potential buyer won’t be able to pass inspections with a bad roof. To sell a home quickly you need to make sure all the mechanicals are in good working order like the roof, the air conditioning and heating and the hot water heater and electrical systems.
For all the information you need on finding more deals for your real estate investing business check out my website at www.marketingmagiclady.com
We have been busy working with motivated sellers this week. We actually had a deal come back to us that we were working on a couple of months ago. Following up with semi motivated sellers is going to be the cornerstone of your business.
I mean…..Think about it…..you already spent the money on marketing, they are in your pipeling and they didn’t say no so why wouldn’t you follow up. This one little trick can make you thousands of dollars more in your real estate investing business. We have systems in place that take care of the follow up for us.
For all the information you need on finding motivated sellers and following up with semi motivated sellers check out my website at www.marketingmagiclady.com While you are there be sure and sign up for my FREE monthly newsletter!!!!
Good Morning Everyone! Just wanted to let you know…..if you are going to be in the Tampa Bay area I will be speaking at Tampa REIA on Thursday May 9th at 7:30 pm. If you want to explode your pipeline with more the deals the rest of this year and find out how to find some more private lenders for your real estate investing business then you do not want to miss this REIA meeting!!!
In the meantime check out my website at www.marketingmagiclady.com for all the tools you need to create even more deals for your real estate investing business!!
Good evening folks!! I helped another motivated seller get their home sold today……to me! I love targeted direct mail marketing, it brings the motivated sellers to me with all the info I need, in other words prescreened responses from my sellers! And, these are sellers who need your help! It’s a win win all the way around which is how it should be in your real estate investing business.
For all the information you need on finding prescreened deals from truly motivated sellers check out my website at www.marketingmagiclady.com!! While you are there be sure and sign up for my FREE monthly newsletter and get a bunch of free stuff!!