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Land Conquest - Land Investing
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13 contributions to The Dirt Road to Wealth
16d ago in
I am NOT DEAD!!!
Hey kids, I am not dead, but been working on some big scary shit. Here is a little update. https://youtu.be/FDLOYSNdG5M
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New comment 13d ago
1 like • 16d
Good. Cause if you were dead I’d have to kill ya. We don’t allow that shit up in here.
Aug 6 in
Subdivision development costs
Resource to share if you want to estimate costs. Granular detail required to guesstimate capex. https://www.swiftestimator.com/SE7Help/CE/help/eCOM.htm#Miscellaneous/Section66Costs.htm Don't think they realize it's open to the public. ---- Right on the money Trevor. "*The cost of complete double-loaded street improvements with the components indicated above totals $280.00 to $335.00 per linear foot of street in ordinary level subdivisions, or from $180.00 to $235.00 per front foot of lot, including side street allowance. Costs may run twice as much for extreme hillside conditions."
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New comment Aug 12
0 likes • Aug 6
Wow, now that is a great find. Thx for the share Jae.
May 18 in
Is there a down side?
Does anybody operate in one state doing land deals? If so do you see a downside or do you believe it’s beneficial to stick with one state? Are deals harder to come across?
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New comment May 23
3 likes • May 21
Some of the most sucessful investors I know are one, maybe two states maximum and have been the way for half a decade or more. There is huge value in knowing your market and the state & local regulations.
May 11 in
42.47 acre On Market Texas Land Deal 👀
A friend of mine forwarded me this property that's been on the market for 407 days about 40min SE of Austin. If I was in TX, I'd be making an offer somewhere in the $500k range, maybe more on seller financing... https://www.realtor.com/realestateandhomes-detail/654-FM-812_Red-Rock_TX_78662_M92630-95371?from=srp-list-card Happy hunting, y'all
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New comment May 20
0 likes • May 12
I was evaluating a deal in Bastrop county last week and it's one of those areas they talk about that has an oversupply. Something like a 10 yr supply on the market currently and that seems consistent across the acreage ranges. I'd love to hear from anyone who has gone full cycle on a deal in that area in the past year or two.
1 like • May 12
@Trevor Probandt Zillow. Here is a half ass breakdown of land sell through rate of Bastrop County. Size / For Sale / Sold (12mos) All / 576 / 50 Under 5ac / 445 / 39 5-20ac / 93 / 8 20ac+ / 50 / 3 I'm sure there is some nuance in there I'm not seeing, and Zillow doesn't show all solds, but the supply level is bleak if those numbers are near accurate.
May 10 in
May 9th Call
https://us02web.zoom.us/rec/share/cRZRB3wEchHkvYrZcnO0clQOBVdShEnUo9QrPBQQk1XcSvLVRnyQphuSjgFtBHrB.3sjGXzDNJvX8A0UL Passcode: d76ZKTC%
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New comment May 14
1 like • May 12
@Eric Bakey "folks who aren't going to sell for quick flips/pennies on dollar" I've done a couple pennies on the dollar flips in SC. Never assume you know what a seller will or will not do ;)
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