Navigation

    REtipster Forum
    • Register
    • Login
    • Search
    • Home
    • Categories
    • Recent
    • Popular
    Log in to post
    • All categories
    • Announcements and Discussion
    • New Member Introductions
    • Real Estate Beginners
    • Marketing Strategies (To Buy Properties)
    • Marketing Strategies (To Sell Properties)
    • Residential Buy and Hold
    • Commercial Buy and Hold
    • House Flipping and Rehabbing
    • New Construction and Development
    • Land Investing
    • Real Estate Wholesaling
    • Note Investing, Tax Liens, Paper Assets
    • Mobile Home Investing
    • Doc Swap
    • Reviews and Recommendations
    • Technology Solutions
    • Conventional Financing
    • Creative Financing
    • Tax and Legal
    • Residential Realtors, Agents and Brokers
    • Commercial Agents and Brokers
    • Due Diligence
    • Title, Closing and Paperwork
    • Networking, Events and Happenings
    • Case Studies
    • Off-Topic and Miscellaneous
    • All Topics
    • New Topics
    • Watched Topics
    • Unreplied Topics
    • G

      What are the Best Practices Around Double Closings?
      Title, Closing and Paperwork • • GAEnt

      0 1 4
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      1

      No one has replied

    • Brian Sylvester

      Website when starting your land business
      Real Estate Beginners • • Brian Sylvester

      2 11 220
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      11

      Brian Sylvester

      Dado Vucak wow this a great tutorial- thanks again.

    • Jason Pratt

      Top 4 Newbie Questions
      Real Estate Beginners • • Jason Pratt

      1 3 73
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      3

      Jason Pratt

      Seth Williams amazing insight. Thanks Seth.

    • G

      Bank loans for retail land buyers
      Conventional Financing • • Greg Morris

      0 5 115
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      5

      retipsterseth

      Greg Morris there is one lender I know of that works in Michigan and Wisconsin that openly advertises that they do land loans, but knowing how banks work, I'm 100% sure that's not a blanket statement. It doesn't mean they will do ANY loan on ANY piece of land, there are still a lot of qualifiers and boxes that need to be checked. All banks will use the 5 C's of Credit (among other things) to make sure the overall credit is strong enough to mitigate their risk in the deal.

      In many cases, a lender won't necessarily turn down a deal if ONE of these metrics is weak (for example, if the collateral value is hard to verify, which is common with vacant land), but if this is the case, they better be able to identify a lot of other financial strength in order to approve a loan (e.g. - the borrower should be very strong financially, or they should have additional collateral to support to credit, so they won't have to rely on the collateral value or the land if everything falls apart).

    • donyost

      Have any cities grown during the pandemic?
      New Construction and Development • • donyost

      0 2 61
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      2

      M

      Don Yost I've heard Austin is one of the most popular destinations for people from the high-tech industry. UHUAL publishes a state-wide migration report annually but not city-wise, I guess we can figure out from that... Here is the link for 2020 Migration Trends: U-Haul Ranks 50 States by Migration Growth

      https://www.uhaul.com/Articles...

    • A

      Looking for VA recommendations
      Land Investing • • anjewlah

      0 5 91
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      5

      ScottHolmes

      Angela Stokes To piggyback on Seth's comment, the process you use is probably about as important as the site you hire from.  Over a period of about two weeks, I sent out multiple emails requiring attention to detail in their response, asked them to fill out a google form survey, did a (paid) research tasking to evaluate their results, and finally an interview with my first choice to make sure it would be a good fit.

    • Arturo

      Land investors from out of the Country?
      New Member Introductions • • Arturo

      0 1 30
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      1

      No one has replied

    • ScottHolmes

      Quick Newbie Intro
      New Member Introductions • • ScottHolmes

      1 3 59
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      3

      ScottHolmes

      Seth Williams Thanks for the warm welcome-- Actually one of my other property managers lost his license for some sort of accounting shenanigans. So I am qualified to answer all my-property-manager-has-gone-off-the-reservation questions... Yet another bonus of land investing..   

    • J

      My intro to the forum!
      New Member Introductions • • jeff 0

      1 2 58
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      2

      retipsterseth

      Hey Jeff! Welcome to the forum!

      - I think the standard "best practice" is to start an LLC, but it's not a requirement. If you already have an LLC, you could start with that or form a new one. Honestly though, if you feel bogged down by this one step, don't let it keep you from moving forward and taking action. There's no rule saying you can't get started with your personal name and come back and form an LLC once you've proven the concept to yourself.

      - That depends a lot on what format the list comes in (and there are a lot of different formats these can come in). You're right, some of them are VERY dense and hard to get through... but if you can do it, you'll be one of the few who actually went so far as to get access to those motivated sellers.

      - I would expect a handful of angry responses (and if you send them to a voicemail greeting of a virtual receptionist, you'll never have to talk to them anyway), a handful of people who call and hang up, and a handful of people who happily accept your offers. In terms of the quantity of each, it depends a lot on how much mail you send out in total, how well you've scrubbed your list, and how good your offers are.

      I'm glad to see you've found some value in REtipster, that's really encouraging to hear!

    • S

      Deed prep when buying properties
      Title, Closing and Paperwork • • SeanWebster

      0 2 59
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      2

      retipsterseth

      Sean Webster you could use the title company to help you with this... if anyone would be qualified to handle this job and know what they're doing, it's them (or at the very least, they could point you to the right person who can help).

    • S

      Has anyone found success with their website using godaddy?
      Announcements and Discussion • • SadFish

      1 2 283
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      2

      retipsterseth

      Cameron Bennett I've used GoDaddy before. It was fine. Given the issues you're asking about, though, this sounds like more of a question about getting your domain name set up with the right hosting account, and then getting a good theme that will allow you to set up this kind of thing.

      There are easy (and somewhat expensive) ways to do this, and there are more complicated (and cheaper) ways to handle this.

      On the easy spectrum, you've got options like REI Conversion and Investor Carrot.On the cheaper spectrum, you've got options like GoDaddy (which I believe can handle both your domain name and hosting) and WordPress themes like AgentPress Pro or any of these options.

      With the issues you're mentioning, it sounds like you might want to go for some of the easier options. You can waste A LOT of time monkeying around with websites, especially if you don't really know what you're doing (this was the mistake I made with my first couple of websites). There's a lot of value in just getting the job done quickly and correctly the first time.

    • J

      What do you do with mediocre deals?
      Land Investing • • Johannes

      0 5 192
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      5

      J

      Seth Williams

      Hi Seth,

      Not sure if it's an option or not but if you stumble upon some of these less desirable deals for your scale I'd love to try a few to get my feet wet. I've only gone through my first couple of mailers and am still waiting for a spot to get my feet wet. If not I completely understand but I figure it can't hurt to ask.

    • T

      Data Filtering Question
      Land Investing • • tjlarsen6

      0 3 58
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      3

      T

      Gary Skale

      Cool...so you essentially don’t mail to any sellers that purchased the property within the last 5 years?  I never thought about the currently listed properties.  Thanks for your response!  

    • D

      What service do you use for eSignatures? Any experience with PandaDoc?
      Reviews and Recommendations • • dl7573

      0 10 216
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      10

      T

      Linda Hastings said:

      rt time th

       HelloSign is a solid product.  

    • NMcNaughton

      New Member Here! Interested in making Hard Money Loans to Land Flippers
      New Member Introductions • • NMcNaughton

      1 2 126
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      2

      D

      Nicolas McNaughton

      Hi, 

        Please reach out to me with details  


      Thanks

      Mike

    • retipsterseth

      What Self-Improvement Book Makes for a Great Gift?
      Reviews and Recommendations • • retipsterseth

      2 6 161
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      6

      M

      After all these years, my favorite remains The 7 Habits of Highly Effective People.

    • retipsterseth

      What's a life-changing purchase that costs less than $100?
      Reviews and Recommendations • • retipsterseth

      0 10 214
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      10

      M

      I used to worry about my phone running out of battery as I go about my business. Getting a portable power bank for my phone lowered my anxiety level significantly. I no longer have to stop someone else on the phone and apologize that the call may drop soon. 😄

    • B

      I am a newbie and guess what happened on the way to my mailbox this morning?
      Networking, Events and Happenings • • Bootstrapbill

      0 2 93
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      2

      T

      William E Tanner Jr 

      Wow. I'm new and shiny here and am following this for sure.

    • S

      Cheaper Direct Mail options​?
      Land Investing • • SamLands

      0 6 245
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      6

      S

      Hi,

      I tried LetterPrining.net. It is $823 for ~1978 post card economy and size 4.25 X 5.5.
      Is it good deal?

      Thanks


    • imelbel

      Title companies in AZ?
      Title, Closing and Paperwork • • imelbel

      0 1 52
      • Share this Post
      • Facebook
      • Twitter
      • Flag this post
      • Flag this user
      1

      No one has replied