People often wonder, when we put together land deals, but exit out of those deals prior to closing (and avoid all the big risks that come with purchasing property and constructing subdivisions), who are the buyers that we pass our deals on to?
And that is what this video is about.
If we were to start at the top, the “Big Boy” national home building companies, we’d see names like DR Horton, KB and Lennar Homes. These big national developers are great because they have the financial capacity to take on large projects. So, when we have, for example, a 100-lot project, it’s usually a big national builder that will be best suited.
At the other end of the spectrum, there are smaller, local developers/homebuilders. These are often local companies or individual home builders who will build 5, 6 or 7 custom homes per year. So when we have a smaller project that can be subdivided into just a few lots, the big nationals aren’t typically interested, but the smaller guys love the smaller projects.
And then there’s the “in between” – projects of say, 15 to 20 lots or so. That buyer is often a local outfit that builds 20-30 homes per year. For them, a 15-lot project could be a perfect fit.
The beauty here is that in our program, Land Deals Revealed, we teach you everything you need to know in order to put these deals together – how to identify land with development potential, how to structure a development agreement, how to find the buyers (so much easier than building “investor lists”!), and how to get paid for putting these deals together.
And we’re putting these deals together at MARKET VALUE. So no need to go out looking for distressed property owners.
And regardless of the size, these developers and home builders are more than happy to pay for these deals. When the deal is structured correctly (again, part of what we teach you), this is where you can see 5 to 7-figure returns PER DEAL.
For more info, check out our training video at vestright.com/action.
See you in the next one!!
Posted by Cody Bjugan – VESTRIGHT on Monday, March 9, 2020
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People often wonder, when we put together land deals, but exit out of those deals prior to closing (and avoid all the big risks that come with purchasing property and constructing subdivisions), who are the buyers that we pass our deals on to?
And that is what this video is about.
If we were to start at the top, the “Big Boy” national home building companies, we’d see names like DR Horton, KB and Lennar Homes. These big national developers are great because they have the financial capacity to take on large projects. So, when we have, for example, a 100-lot project, it’s usually a big national builder that will be best suited.
At the other end of the spectrum, there are smaller, local developers/homebuilders. These are often local companies or individual home builders who will build 5, 6 or 7 custom homes per year. So when we have a smaller project that can be subdivided into just a few lots, the big nationals aren’t typically interested, but the smaller guys love the smaller projects.
And then there’s the “in between” – projects of say, 15 to 20 lots or so. That buyer is often a local outfit that builds 20-30 homes per year. For them, a 15-lot project could be a perfect fit.
The beauty here is that in our program, Land Deals Revealed, we teach you everything you need to know in order to put these deals together – how to identify land with development potential, how to structure a development agreement, how to find the buyers (so much easier than building “investor lists”!), and how to get paid for putting these deals together.
And we’re putting these deals together at MARKET VALUE. So no need to go out looking for distressed property owners.
And regardless of the size, these developers and home builders are more than happy to pay for these deals. When the deal is structured correctly (again, part of what we teach you), this is where you can see 5 to 7-figure returns PER DEAL.
For more info, check out our training video at vestright.com/action.
See you in the next one!!
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