Land Deals Revealed
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.
The Difference Between Who…….
It Takes All Kinds
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.
Tell Me Something You Can…….
Compounding Good Habits
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.
The True Entrepreneur Is…….
The Power Of Subdividing
Let’s talk about land and fix & flips.
Fix & flips are a great business strategy. Definitely not knocking it. Basically, you buy a home at a discounted rate. Spend several months fixing it up, get it back on the market and make a profit.
The average return on a fix & flip in the US is somewhere between $20 and $40K. If you have everything really tight and dialed in, you can potentially hit $40K after all of your expenses. That’s a great profit for most people!
So, let’s say you buy the house, you go through the rehab, you get it back on the market and get it sold. That takes an average of 6 months to make $20-40,000.If you really want to put a dent into your legacy wealth, fix & flips will require that you do several of them, year in and year out, in order to build for your future.
Now let’s talk about land deals. The beautiful thing about the VestRight strategy is that it focuses on putting together land deals without taking on the big risks of land development (buying land and funding multi-million-dollar construction projects).
Let’s say we find a piece of land with residential potential and we are able to subdivide that land into 50 lots. We exit out of the deal prior to closing and will make on average $10-20K per lot.
At $10K per lot that is $500,000 on ONE deal! This will make a massive impact in your long-term wealth goals!
Now compared to the flix & flip, land deals will average about 18 months per deal. The process takes a bit longer but your return is greater and we are giving you a strategy to build your long-term wealth.
Where do you want to be in 5 years? 10 years? 15 years? What do you want your wealth to look like? 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 1, 2020
Let’s talk about land and fix & flips.
Fix & flips are a great business strategy. Definitely not knocking it. Basically, you buy a home at a discounted rate. Spend several months fixing it up, get it back on the market and make a profit.
The average return on a fix & flip in the US is somewhere between $20 and $40K. If you have everything really tight and dialed in, you can potentially hit $40K after all of your expenses. That’s a great profit for most people!
So, let’s say you buy the house, you go through the rehab, you get it back on the market and get it sold. That takes an average of 6 months to make $20-40,000.
If you really want to put a dent into your legacy wealth, fix & flips will require that you do several of them, year in and year out, in order to build for your future.
Now let’s talk about land deals. The beautiful thing about the VestRight strategy is that it focuses on putting together land deals without taking on the big risks of land development (buying land and funding multi-million-dollar construction projects).
Let’s say we find a piece of land with residential potential and we are able to subdivide that land into 50 lots. We exit out of the deal prior to closing and will make on average $10-20K per lot.
At $10K per lot that is $500,000 on ONE deal! This will make a massive impact in your long-term wealth goals!
Now compared to the flix & flip, land deals will average about 18 months per deal. The process takes a bit longer but your return is greater and we are giving you a strategy to build your long-term wealth.
Where do you want to be in 5 years? 10 years? 15 years? What do you want your wealth to look like? 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.
If You Had To Be Trapped…….
Picking Up A Check
We picked up a check for $1.7 million!
We have never wanted to be that company sharing cheesy pictures of our paydays but we did want to show that we actually are doing exactly what we are teaching.
This is not a get rich quick scheme. This is the real deal.
This is not for everyone but if you take your approach seriously, you can see these same types of paydays!
At the end of the day, 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'd like to find out how you can get these kinds of paydays too, head over to our video presentation: https://shrtlnk.co/KuwiM
Posted by Cody Bjugan – VESTRIGHT on Tuesday, September 29, 2020
We picked up a check for $1.7 million!
We have never wanted to be that company sharing cheesy pictures of our paydays but we did want to show that we actually are doing exactly what we are teaching.
This is not a get rich quick scheme. This is the real deal.
This is not for everyone but if you take your approach seriously, you can see these same types of paydays!
At the end of the day, 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'd like to find out how you can get these kinds of paydays too, head over to our video presentation here.
