How I made $711,721 flipping land final month
Hey there, land flipping fans! Right now, I need to share with you ways I made a whopping $711,721 flipping land final month. Sure, you heard that proper! In simply 29 days, I used to be in a position to flip a revenue of $71,700. Now, you is likely to be pondering, “Land flipping? That sounds boring.” Nicely, let me inform you, it is something however boring.
I stumbled upon the world of land flipping about three years in the past, and let me inform you, it instantly made sense to me. The thought of shopping for undesirable items of land off-market and reselling them rapidly for substantial income was like a lightbulb second for me. And the most effective half? You’ll be able to double your cash in as little as 90 days or much less. The returns on such a enterprise are mind-blowing in comparison with different types of actual property investing.
In my first yr of land flipping, I raked in $1.2 million in income and over $600,000 in revenue. 12 months two noticed much more success with over $3.4 million in income and $1.5 million in revenue. And final yr, I hit a record-breaking $8.1 million in income and $2.8 million in revenue. Spectacular, proper?
Now, you is likely to be questioning, “How can I get in on this land flipping motion?” Nicely, I’ve acquired excellent news for you. I supply a full coaching program at completely no price. Sure, you heard that proper – it is free! This program consists of the precise supply letter I take advantage of to snag these profitable land offers. You’ll be able to merely copy and paste it and begin making a living like me. Simply head over to my free neighborhood on College referred to as Land Conquest to get began.
Alright, let’s dive into the nitty-gritty particulars of how I crushed it in December, wrapping up my third yr within the land flipping enterprise. December was a stable month for me, pulling in $71,700 in income. Whereas it did not fairly match the million-dollar months of October and November, I used to be nonetheless thrilled with the outcomes.
The actual quantity that issues on this enterprise is the gross revenue, and in December, it got here in at $2295. Not my greatest month, however nonetheless very stable. As I am in a major growth section with the enterprise, many of the revenue is being reinvested to develop the crew, enhance lead circulate, and set up the infrastructure for sustained development.
In December, I resold seven properties, focusing extra on bigger transactions relatively than amount. The common gross revenue per deal was $327,198, which I am fairly happy with. The common days in stock was 49.34 days, properly beneath my goal of beneath 90 days.
I have been experimenting with pay-per-click adverts and chilly calling to generate extra leads, and the outcomes have been promising. We’re additionally ramping up our accomplice with Pete funding program, the place we use our cash to fund land offers for investor companions.
If you wish to dive deeper into the offers I closed final month, stick round for the subsequent part the place I break down the numbers and share the tales behind every deal.
Deal primary was an 86-acre land flip that made a $79,000 revenue in simply 62 days. This deal took place from a proposal letter we despatched to the landowner, who finally reached out to us to place a deal collectively. After closing the acquisition, we listed the property for $224,000 and bought it for $185,000, leading to a worthwhile deal for us.
Deal quantity two concerned a 6-acre parcel that made us $17,762 in revenue in simply 46 days. We listed the property for $44,900 and bought it for $41,000, with clean closing and a stable return on funding.
Deal quantity three was a rural 11-acre property that netted us over $40,000 in revenue in simply 33 days. After negotiating with the property proprietor, we listed the property for $99,900 and bought it for $94,500, closing the deal seamlessly.
And there you’ve got it – a glimpse into how I made $711,721 flipping land final month. Should you’re concerned with studying extra concerning the land flipping enterprise or need to be part of a thriving neighborhood of like-minded people, head over to Land Conquest and get began at this time.
Ultimate Ideas
Land flipping might not be essentially the most glamorous enterprise, however it certain is worthwhile. With the correct methods and a little bit of hustle, you can also make a killing within the land flipping sport. So, what are you ready for? Dive in, take some dangers, and watch your checking account develop. Blissful flipping!