Want to follow my exact business model? If you're looking for a full-blown course that covers every essential aspect of how my business works, you'll want to check out the REtipster Club – a separate membership website with a 12-module course (and much more) that discusses all of this in great detail.
If you'd rather stick to the blog for now, here’s an abridged “quick start” guide that will get you started…
If I were starting my business today, I would start with these 3 things, which I consider to be the “basic infrastructure”.
To start finding motivated sellers (which is the first real step), I would start by getting a delinquent tax list, sorting it, and starting my first direct mail campaign, using these postcard templates.
When the calls start coming in and prospects start visiting my website, I’d start making offers using these kinds of numbers. Before buying anything, I’d be sure to watch out for these issues and verify that I valued the property correctly.
After closing my first deal, I would then list it for sale following these principles and promote the property to my buyers list. I would probably consider offering seller financing and some creative pricing strategies to help appeal to more buyers. If the property didn’t sell within the first month or so, I would keep these things in mind.
The links above cover some of the basics of how my land investing business works. Get familiar with these concepts and you’ll be equipped to go pretty far.