We get a lot of questions about “averages”. One common one is something like this:
“What's the average acreage of your land deals?”
Obviously, when it comes to goals and targets, averages are very important. But there are certain things that are difficult for us to put averages on.
When it comes to average acreage on land deals, there's no right or wrong answer. There are deals that are 100s of acres, and there are land deals that make sense that are 1 acre. A lot of it depends on the market you're working in and also, it depends on what you want your niche to be. Maybe you focus on infill projects where you go after smaller parcels. Or maybe you decide to only focus on larger deals. Or maybe you target ALL shapes and sizes.
So at the end of the day, there is no average acreage per land deal. But the good news is: there's great money to be made regardless of the size!
For more info on our program, Land Deals Revealed, start here: https://vestright.com/action.
Take care!
Posted by Cody Bjugan – VESTRIGHT on Thursday, February 27, 2020
We get a lot of questions about “averages”. One common one is something like this:
“What's the average acreage of your land deals?”
Obviously, when it comes to goals and targets, averages are very important. But there are certain things that are difficult for us to put averages on.
When it comes to average acreage on land deals, there's no right or wrong answer. There are deals that are 100s of acres, and there are land deals that make sense that are 1 acre. A lot of it depends on the market you're working in and also, it depends on what you want your niche to be. Maybe you focus on infill projects where you go after smaller parcels. Or maybe you decide to only focus on larger deals. Or maybe you target ALL shapes and sizes.
So at the end of the day, there is no average acreage per land deal. But the good news is: there's great money to be made regardless of the size!
Discover how a single land deal can outperform 100 real estate transactions by addressing the housing shortage in the United States. To learn more about this innovative program, click here to speak with our team.
Take care!
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