Land Deals Revealed
Land vs Land Development
“I have been looking at a few land strategies out there. I know there are a few guys that teach land.”
There are a few programs that teach real estate strategies based on land but they are very different from what we do.
How are we different?
The biggest difference is that we are land developers. We have been developing land for almost 2 decades now. We go out and we find the land that has development potential. We take that land through the approval process, get it approved for subdivision, bring out the heavy machinery and build out the subdivision.
It’s very different from other strategies where they teach you how to go out and find land in the middle of nowhere and maybe get it at auction. Maybe there is a tax lien and it's in foreclosure where you’ll go in and buy it for 30 cents on the dollar and then turn around and sell it for 70 cents on the dollar.
This is a strategy that is out there but it is VERY different than what we do.
One of the biggest differences between our strategy and others is the types of the returns that we make on our deals. Because we are doing land development deals we are able to make 6 to 7 figure returns. For the other average land strategies, where you are buying cheap and looking for a quick return, you might make $5k, $10k and maybe $20k on a deal.
Our strategy is solely based on teaching you all of the things you need to know to execute on a land deal…
Identify land with development potential
How to put the deal together
How to put a value to the land
How to structure the agreement
How to get the project into the hands of a developerAt 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 what we do and how we do it, check out our video presentation here: https://shrtlnk.co/KuwiM
Posted by Cody Bjugan – VESTRIGHT on Thursday, September 24, 2020
“I have been looking at a few land strategies out there. I know there are a few guys that teach land.”
There are a few programs that teach real estate strategies based on land but they are very different from what we do.
How are we different?
The biggest difference is that we are land developers. We have been developing land for almost 2 decades now. We go out and we find the land that has development potential. We take that land through the approval process, get it approved for subdivision, bring out the heavy machinery and build out the subdivision.
It’s very different from other strategies where they teach you how to go out and find land in the middle of nowhere and maybe get it at auction. Maybe there is a tax lien and it's in foreclosure where you’ll go in and buy it for 30 cents on the dollar and then turn around and sell it for 70 cents on the dollar.
This is a strategy that is out there but it is VERY different than what we do.
One of the biggest differences between our strategy and others is the types of the returns that we make on our deals. Because we are doing land development deals we are able to make 6 to 7 figure returns. For the other average land strategies, where you are buying cheap and looking for a quick return, you might make $5k, $10k and maybe $20k on a deal.
Our strategy is solely based on teaching you all of the things you need to know to execute on a land deal…
- Identify land with development potential
- How to put the deal together
- How to put a value to the land
- How to structure the agreement
- How to get the project into the hands of a developer
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 what we do and how we do it, check out our video presentation here.
You’re Stranded Alone On A…….
Most People Want To Be…….
What’s My Legacy?
I’m getting personal today and wanted to talk about legacy.
What’s your legacy?
Are you intentional with your life? With your family and friends?
Here at VestRight, we give you the tools to allow for a lifestyle where you can be intentional with your time instead of worrying about bringing in that paycheck week to week.
If you are interested in what we do and how we do it, check out our video presentation here: https://shrtlnk.co/KuwiM
Posted by Cody Bjugan – VESTRIGHT on Thursday, September 17, 2020
I’m getting personal today and wanted to talk about legacy.
What’s your legacy?
Are you intentional with your life? With your family and friends?
Here at VestRight, we give you the tools to allow for a lifestyle where you can be intentional with your time instead of worrying about bringing in that paycheck week to week.
If you are interested in what we do and how we do it, check out our video presentation here.
Name Something That…….
Patience & Playdays
How long would you be willing to wait for a payday?
If you’re like me, it depends on the payday.
My patience level is much higher for a bigger payday. And if it’s a smaller payday, I’m looking to get paid quicker.
There are real estate strategies out there with different timelines for paydays that require different patience levels.
For example, home wholesaling averages around $7k payday after about 60 days. Fix and Flips averages $50k after about 6 months.
Are you ok with waiting 6 months for your payday?
The land deals that we do typically average $500,000 to the low 7 figures.
What is your patience level for these types of paydays?
We just recently picked up a check for about $1.5 million. That deal, from start to finish, was about a 2-year process.
Do you have the patience to wait 12-18 months for the average payday on land deals?
If you are someone that's thinking, I want to build long term wealth. Land is where you want to be.
If you are interested in what we do and how we do it, check out our video presentation here: https://shrtlnk.co/KuwiM
Posted by Cody Bjugan – VESTRIGHT on Tuesday, September 15, 2020
How long would you be willing to wait for a payday?
If you’re like me, it depends on the payday.
My patience level is much higher for a bigger payday. And if it’s a smaller payday, I’m looking to get paid quicker.
There are real estate strategies out there with different timelines for paydays that require different patience levels.
For example, home wholesaling averages around $7k payday after about 60 days. Fix and Flips averages $50k after about 6 months.
Are you ok with waiting 6 months for your payday?
The land deals that we do typically average $500,000 to the low 7 figures.
What is your patience level for these types of paydays?
We just recently picked up a check for about $1.5 million. That deal, from start to finish, was about a 2-year process.
Do you have the patience to wait 12-18 months for the average payday on land deals?
If you are someone that's thinking, I want to build long term wealth. Land is where you want to be.
If you are interested in what we do and how we do it, check out our video presentation here.
We Are Kept From Our Goal…….
Name Something On Your…….
Thoughts On Wholesaling
Hey everyone. I wanted to share some thoughts on the topic of wholesaling.
I have a bit of a love-hate relationship with the world of wholesaling. This is mainly because, while wholesaling can serve a useful purpose in the real estate world, it can turn into a slippery slope when it comes to maintaining integrity.
Wholesaling often includes 2 components: (1) Getting something under contract for under market value and then (2) exiting out of the deal without closing on the property. In this scenario, the wholesaler makes his/her money in the spread between the offer price to the property owner and the purchase price set up with the investor.
And it’s in the first point above where things can get slippery.
In order to get a real estate holding under contract for under market value, the wholesaler often has to seek out sellers who are in a distressed situation. Maybe they have medical bills to pay. Maybe they’ve lost their job and they need cash quickly. Whatever the case, for the “average” wholesaler to make money, he/she has to seek out and capitalize on these distressed sellers.
Now I’ll say this again: wholesaling in itself serves a purpose in the market. A distressed seller may be very eager to take a hit on the value of their property in order to get cash quickly. But I’ve spoken with a lot of wholesalers and that is commonly one of the main areas of the strategy where they struggle.
Our strategy in land deals, which we teach in our coaching program, Land Deals Revealed, shares a common point with home wholesalers: We put residential land deals together where we don’t need to provide the funds necessary for closing on the property and funding the construction of the subdivision.
But a big difference is that we don’t need to go out and find distressed sellers. We don’t need to put deals together at under market value. Our strategy allows us to put deals together at full market value and still make 5 to 7-figure returns.
There are many other differences between what we do, compared to the typical “wholesaling” deal, especially when it comes to exit strategies. But the “slippery” factor is removed by fact that we don’t need to go out and find deals at 30 cents on the dollar.
If you’d like to learn more about how we do this, check out our video presentation here.
Posted by Cody Bjugan – VESTRIGHT on Tuesday, September 8, 2020
Hey everyone. I wanted to share some thoughts on the topic of wholesaling.
I have a bit of a love-hate relationship with the world of wholesaling. This is mainly because, while wholesaling can serve a useful purpose in the real estate world, it can turn into a slippery slope when it comes to maintaining integrity.
Wholesaling often includes 2 components: (1) Getting something under contract for under market value and then (2) exiting out of the deal without closing on the property. In this scenario, the wholesaler makes his/her money in the spread between the offer price to the property owner and the purchase price set up with the investor.
And it’s in the first point above where things can get slippery.
In order to get a real estate holding under contract for under market value, the wholesaler often has to seek out sellers who are in a distressed situation. Maybe they have medical bills to pay. Maybe they’ve lost their job and they need cash quickly. Whatever the case, for the “average” wholesaler to make money, he/she has to seek out and capitalize on these distressed sellers.
Now I’ll say this again: wholesaling in itself serves a purpose in the market. A distressed seller may be very eager to take a hit on the value of their property in order to get cash quickly. But I’ve spoken with a lot of wholesalers and that is commonly one of the main areas of the strategy where they struggle.
Our strategy in land deals, which we teach in our coaching program, Land Deals Revealed, shares a common point with home wholesalers: We put residential land deals together where we don’t need to provide the funds necessary for closing on the property and funding the construction of the subdivision.
But a big difference is that we don’t need to go out and find distressed sellers. We don’t need to put deals together at under market value. Our strategy allows us to put deals together at full market value and still make 5 to 7-figure returns.
There are many other differences between what we do, compared to the typical “wholesaling” deal, especially when it comes to exit strategies. But the “slippery” factor is removed by fact that we don’t need to go out and find deals at 30 cents on the dollar.
If you’d like to learn more about how we do this, check out our video presentation here.
