Welcome to another addition to our ‘Becoming a Land Acquisition Specialist’ miniseries. The topic of today: Putting a Value to Land.
Just like our previous topics, this is a crucial one!
The question is: I have this piece of land, now how do I put a value to it? How do I go to a property owner and say, “Here is what your property is worth and here is what I can offer you.”?
Value is a very important piece in the Land Acquisition Specialist’s world and it's not an easy part of the puzzle to figure out. We go into depth in our course, Land Deals Revealed, on the different techniques, methods and strategies we can use to get these values.
Everything from taking the finished home and doing the math backwards to get all the way down to what the raw land is worth. Or taking the finished lot value and working that math backwards.
We talk about the roles the title companies can play in establishing the value of a piece of property. We discuss several different methods in determining this number and techniques we can use.
I often think about the non-Land Acquisition Specialist. That guy who thinks he knows land and wants to put a deal together. When he brings a deal to me and I take a look at the price, I find myself scratching my head and not understanding the math behind his calculations.
It's actually a very quick way for me to establish if someone knows what they are talking about or not.
Knowing value is extremely important. That is why we spend a good amount of time in our program reviewing it.
To produce 5 to 7-figure returns, obviously it’s essential to have a firm understanding of how to establish value.
So, if you want to become a Land Acquisition Specialist, you’re going to need to know the methods and techniques for establishing value.
If this is something that you are wanting to learn about, we have the perfect program for you! It’s called Land Deals Revealed and the best place to start is by watching our presentation video at VestRight.com/action.
Posted by Cody Bjugan – VESTRIGHT on Monday, June 29, 2020
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Welcome to another addition to our ‘Becoming a Land Acquisition Specialist’ miniseries. The topic of today: Putting a Value to Land.
Just like our previous topics, this is a crucial one!
The question is: I have this piece of land, now how do I put a value to it? How do I go to a property owner and say, “Here is what your property is worth and here is what I can offer you.”?
Value is a very important piece in the Land Acquisition Specialist’s world and it's not an easy part of the puzzle to figure out. We go into depth in our course, Land Deals Revealed, on the different techniques, methods and strategies we can use to get these values.
Everything from taking the finished home and doing the math backwards to get all the way down to what the raw land is worth. Or taking the finished lot value and working that math backwards.
We talk about the roles the title companies can play in establishing the value of a piece of property. We discuss several different methods in determining this number and techniques we can use.
I often think about the non-Land Acquisition Specialist. That guy who thinks he knows land and wants to put a deal together. When he brings a deal to me and I take a look at the price, I find myself scratching my head and not understanding the math behind his calculations.
It's actually a very quick way for me to establish if someone knows what they are talking about or not.
Knowing value is extremely important. That is why we spend a good amount of time in our program reviewing it.
To produce 5 to 7-figure returns, obviously it’s essential to have a firm understanding of how to establish value.
So, if you want to become a Land Acquisition Specialist, you’re going to need to know the methods and techniques for establishing value.
If this is something that you are wanting to learn about, we have the perfect program for you! It’s called Land Deals Revealed and the best place to start is by watching our presentation video here.
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