Vestright

Transforming Lives Through Real Estate

David Hill

Exit vs Payday

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Finished Lot Values

How does the national builder make a bigger profit margin than the local builder?

There are 3 main factors to consider:

-Building costs

-Real Estate Agent Cost

-Finance Costs

When we run the math in order to figure the costs for both the national and the local builder. I run a profit margin at about 12% for local and 20% for national builders.

Yes, a national builder has a higher profit margin but that is because they typically have buying power, in house agents and in house financing.

BUT…the math still works out to where the finished lot is worth about the same amount of money for either builder!

In the end, a finished lot is worth what a finished lot is worth. It's only worth what the market will bear.

Here at VestRight, we teach you how to do the math on land deals in order to know what the profit margin is going to be. If you are interested in more information on what we do and how we do it, the best place to start is by watching our video presentation here: https://shrtlnk.co/KuwiM

Posted by Cody Bjugan – VESTRIGHT on Tuesday, October 13, 2020

Today we are talking Land Deals and getting paid. 

When you exit out of a deal versus when you get paid isn’t necessarily going to happen at the same time. 

In our course, Land Deals Revealed we teach all aspects of becoming a Land Acquisition Specialist. Here are some of the basic steps that we take in the land deal process:

  1. Executed Land Purchase Contract
  2. Feasibility Study Completed
  3. Project Approved/Closing
  4. Finished Lot Sale
  5. House Sale

Throughout the steps, there are different potential paydays. The key is patience. The longer you walk the project through the steps the larger your payday. 

If you are interested in more information on what we do and how we do it, the best place to start is by watching our video presentation here.

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.

Finished Lot Values

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Finished Lot Values

How does the national builder make a bigger profit margin than the local builder?

There are 3 main factors to consider:

-Building costs

-Real Estate Agent Cost

-Finance Costs

When we run the math in order to figure the costs for both the national and the local builder. I run a profit margin at about 12% for local and 20% for national builders.

Yes, a national builder has a higher profit margin but that is because they typically have buying power, in house agents and in house financing.

BUT…the math still works out to where the finished lot is worth about the same amount of money for either builder!

In the end, a finished lot is worth what a finished lot is worth. It's only worth what the market will bear.

Here at VestRight, we teach you how to do the math on land deals in order to know what the profit margin is going to be. If you are interested in more information on what we do and how we do it, the best place to start is by watching our video presentation here: https://shrtlnk.co/KuwiM

Posted by Cody Bjugan – VESTRIGHT on Tuesday, October 13, 2020

How does the national builder make a bigger profit margin than the local builder? 

There are 3 main factors to consider:

-Building costs

-Real Estate Agent Cost

-Finance Costs

When we run the math in order to figure the costs for both the national and the local builder. I run a profit margin at about 12% for local and 20% for national builders. 

Yes, a national builder has a higher profit margin but that is because they typically have buying power, in house agents and in house financing. 

BUT…the math still works out to where the finished lot is worth about the same amount of money for either builder! 

In the end, a finished lot is worth what a finished lot is worth. It's only worth what the market will bear. 

Here at VestRight, we teach you how to do the math on land deals in order to know what the profit margin is going to be. If you are interested in more information on what we do and how we do it, the best place to start is by watching our video presentation here.

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.

It Takes All Kinds

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It Takes All Kinds…Roofers, Dentists, Engineers, 9 to 5’ers!

One of the best things that I get to do in my role with VestRight is getting to know our participants. It's so fulfilling!

There are so many people from all walks of life.

We have roofers, home builders, civil engineers, doctors and dentists, business owners, 9 to 5’ers. People who have done a few land deals. People who have done real estate deals. And some that have never done anything in land or real estate in their lives.

They all have one thing in common, they all have a drive to make some great money in the land space. They have a goal of learning the land development process and learning the VestRight strategies for making some pretty big returns.

Our course, Land Deals Revealed, was built for everyone! Anyone at any level can come in and learn what we do! We built our program with the goal of taking someone who knows nothing about land and taking them to the point where they are a true Land Acquisition Specialist.

At the end of the day, we're a land developer, we know land. We make a lot of money in land. But what we do is not reserved for an elite few. It simply comes down to this: there is no other land developer in the US who has created a course like ours, that shows people how to put together land deals, avoid the big risks of purchasing land and funding multi-million dollar construction projects, yet make 5 to 7-figure returns in this space.

If you are interested in more information on what we do and how we do it, the best place to start is by watching our video presentation here: https://shrtlnk.co/KuwiM

Posted by Cody Bjugan – VESTRIGHT on Thursday, October 8, 2020

One of the best things that I get to do in my role with VestRight is getting to know our participants. It's so fulfilling!

There are so many people from all walks of life. 

We have roofers, home builders, civil engineers, doctors and dentists, business owners, 9 to 5’ers.  People who have done a few land deals. People who have done real estate deals. And some that have never done anything in land or real estate in their lives.  

They all have one thing in common, they all have a drive to make some great money in the land space. They have a goal of learning the land development process and learning the VestRight strategies for making some pretty big returns.

Our course, Land Deals Revealed, was built for everyone! Anyone at any level can come in and learn what we do! We built our program with the goal of taking someone who knows nothing about land and taking them to the point where they are a true Land Acquisition Specialist. 

At the end of the day, we're a land developer, we know land. We make a lot of money in land. But what we do is not reserved for an elite few. It simply comes down to this: there is no other land developer in the US who has created a course like ours, that shows people how to put together land deals, avoid the big risks of purchasing land and funding multi-million dollar construction projects, yet make 5 to 7-figure returns in this space.

If you are interested in more information on what we do and how we do it, the best place to start is by watching our video presentation here.

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.

Compounding Good Habits

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Allow Your Goals to Compound to See Success.

Sometimes I will come across some good information whether it's from a book or a course or maybe it's been shared with me by someone in conversation.

A lot of the time it's something I may have already known but I just never put my finger on it.

A couple of days ago I started reading a book called Atomic Habits (James Clear). I’m only a couple of chapters in but it’s got me thinking.

You know how they talk about how money compounds? It starts out slow and the flow compounds over time. This is when it really starts to grow.

It's the same with behavior. The more time spent on the little habits and disciplines, the more it compounds.

If I continue with healthy habits, whether in my personal life or my business, over time those habits will compound and grow.

Here at VestRight, we use this concept when it comes to making land deals. We discuss with our members the value of forming good habits and consistency with those habits.

Focus and stay disciplined with your habits. It may take some time for the discipline and consistency build up in order for your goals to compound to see success.

The little things that you do day in and day out will create a dramatic end result!

If you are interested in more information on what we do and how we do it, the best place to start is by watching our video presentation here: https://shrtlnk.co/KuwiM

Posted by Cody Bjugan – VESTRIGHT on Tuesday, October 6, 2020

Sometimes I will come across some good information whether it's from a book or a course or maybe it's been shared with me by someone in conversation. 

A lot of the time it's something I may have already known but I just never put my finger on it.

A couple of days ago I started reading a book called Atomic Habits (James Clear). I’m only a couple of chapters in but it’s got me thinking. 

You know how they talk about how money compounds? It starts out slow and the flow compounds over time. This is when it really starts to grow. 

It's the same with behavior. The more time spent on the little habits and disciplines, the more it compounds. 

If I continue with healthy habits, whether in my personal life or my business, over time those habits will compound and grow. 

Here at VestRight, we use this concept when it comes to making land deals. We discuss with our members the value of forming good habits and consistency with those habits. 

Focus and stay disciplined with your habits. It may take some time for the discipline and consistency build up in order for your goals to compound to see success. 

The little things that you do day in and day out will create a dramatic end result! 

If you are interested in more information on what we do and how we do it, the best place to start is by watching our video presentation here.

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.