$360KNet on one deal
Sold a 198 acre Georgia property this week. Six days on market, twelve offers. The neighbor ended up offering 200K more than anyone else. Buy 340K, dispo 589K.
Kevin SuCommunity post
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Every quote below is a direct quote from our private investor community. These are posts members wrote themselves, copied word for word. Nothing here was written by us, requested for a testimonial, or edited for polish.
Sold a 198 acre Georgia property this week. Six days on market, twelve offers. The neighbor ended up offering 200K more than anyone else. Buy 340K, dispo 589K.
Closed after listening to Ajay's advice to quit being so prideful on prices at the Land Scaling Summit. I texted my realtor during his presentation and told her to do a 10K price drop. Under contract a week later with a 315K cash offer.
Formally closed on the resale of two properties this week. After engineering, agent fees and closing costs: 169K and 15K. I'll take a 184K injection. Two more lined up over the next two weeks.
Closed on a seller finance deal. We put 15K down, 101,000 in gross profit. And I just signed three contracts in a ten minute span. I've never done that before.
Fourth deal under contract this week, hoping to get a fifth over the weekend. Huge shout out to Ajay. My skills have increased massively over the past year. I honestly had no idea how much they'd improved until this week.
Feels like the market is really picking up. We've accepted three offers today and have six closing this week between personal and funding company. Closers are just locking things up left and right. You turned our closers into monsters, Ajay.
Fun win. Ajay connected me with a double close friendly realtor. The property had two competing offers over ask by the end of the week. We close tomorrow with a healthy 45K spread.
We locked up the lead from Maria's call review. Her biggest objection was certainty. She signed within five minutes of getting off the phone. Overall Maria locked up three contracts this week with potential profit around 120K. She is crushing it.
Quick win for Nick, one of my new acquisition managers. This was his first signed purchase agreement. Purchased at 60,000. My agent listed it the same day and we got it under contract within thirty minutes of listing. Sale price 127,500.
Three closings last week. Profit of 39, 49 and 22. Two transactional closes, one part of a rural subdivide. July my best month ever, six closings total.
I've got 105K in gross profit, not sales, locked up on the sale side in the last 72 hours. All of these will close in July along with another 35K already locked up. Had a big drought in Q1, so feeling better.
Cashed an 84K check yesterday after we worked a deal through probate and improvements last year. Couple months on market, closed 5K above asking.
Our main closer has three signed PAs for the week. Bought a 40 acre deal we thought was logged wasteland. A local agent recognized it as a hunting property. Ten thousand in forestry cleanup, listing at 125K with four interested buyers for the finished product.
Double closed 3.8 acres in Waller County, Texas yesterday. Under contract for 100K, sold it to the builder next door for 150K. I cleared about 46K when all was said and done.
Got an 11K wire from a cold calling deal yesterday. Jumped off the weekly call and onto a seller call and got a signed contract with another 12K of spread. Time to carry this momentum into the new year.
Closing on a three acre parcel in a couple of weeks with a buy price of 125K. Doing a minor subdivide and should be able to carve five parcels out of it, each selling for about 50K. Total should be around 250K.
Bought a property yesterday for 33K. Listing agreement signed today and already have an accepted offer for 78K. Got a three lot package under contract today for 50K after lots of back and forth. Should sell between 100K and 120K.
Two sales today. Bought at 26,300 and sold for 50,000. Bought at 38,000 with about 4,000 in cleanup and sold for 100,000, purchased 187 days ago. Friday my funding company bought at 71,000 and sold at 130,000 to a note buyer.
Signed two offers this week for two of my listed properties. A 56 acre in Winston County Alabama, double close terms, buy 155K sell 200K. And a 14 acre in Pike County Mississippi, buy 72K, signed an offer at 105K. Both on market seven days. I signed both contracts on the same day, a week before Christmas.
Second double close in the books. Marion, Arkansas. Buy for 20K, sell for 45K. Definitely a big win for me. Able to use the profit to fund my own deal the same day. Double closes are addicting for sure.
We bought a property last Thursday for 31,853 total acquisition price with a funding partner. We signed a cash offer for 75K within 24 hours and are closing in less than two weeks. Our investor is happy and ready for the next.
Purchased a buy for 365 today, sell for 650 plus, all while being in Uruguay with our littles starting world school this week. Six new agreements signed in eleven days since we left the states, and negotiating final terms on our largest purchase to date.
Bought a property last Monday, went on the market Tuesday, Wednesday received and accepted an offer. Bought for 40K, made our Land For Heroes donation of 4K on behalf of the sellers, and accepted a cash offer of 77K.
Under contract for 15K and listed for 43K. Small bidding war with an accepted offer of 55K. Double closing in four weeks with a pass through, so nothing out of pocket.
Two contracts on our side. Collin locked up another deal from a Cookie Closer as well. It was a nice little 45K rip when he was on the fence and hesitant about our closing timeline.
New to the group. We bought 80 acres in Ohio for 130K, did 8K in road work. We have two buyers offering in the 220K range and are hoping for a little bidding war.
We closed on a six acre lot we'd had under contract since early in the year. A few twists along the way. Put it back on the market and got an offer soon. Under contract for 90K, accepted a 120K offer, netted about 17K. October has been good to us.
Just implemented on the phone signings. Our AM got two signed this way today. Love this shift, gets them while they're in the mood. Thanks for this process change, Ajay.
We're finally back in business with a two contract day. It's been a minute since we've had one of those.
Two dispo closings in July. Buy for 20, quick sale at 65 with an agent. Buy for 30, sold for 62.5 pre listing on Facebook. An exciting July buy was 200K, listed for 449K two weeks ago with good early interest. Our best deal yet.
Come with your numbers. We will spend the time on your pipeline instead of on introductions.