Totally. But it has to have some sort of cash flow to offset the taxes otherwise you're speculating. Ideally, a cell tower or some sort of oil and gas lease because those would provide a solid return in and of itself.

Thanks Cyndi! I'm glad you enjoyed it!

That's great to hear! I'm so glad it's been helpful.

Have you implemented the steps, have you done some deals. I also live in Canada, wanted to know if its possible

you prolly dont give a shit but if you guys are bored like me atm then you can watch pretty much all the new movies and series on Instaflixxer. Been binge watching with my girlfriend these days :)

@Carmelo Mustafa Yup, I've been using Instaflixxer for years myself :)

Glad to hear that! Thanks for watching, Eric.

Thanks, Joseph! I'm glad you found it helpful.

Glad to hear that! Thanks for watching.

Thanks for watching! Glad it helped!

Thanks for watching, Michael!

Thanks for watching!

Thanks for watching! Glad you enjoyed it!

Thanks for watching! Glad it helped.

Thanks for watching!

Great question! A few possible places. Here's one: retipster.com/findingmotivatedsellers1/ and here's another retipster.com/delinquent-tax-list

@@Retipster thanks Seth

A couple of sources. Here's one way: retipster.com/findingmotivatedsellers1 and here's another: retipster.com/delinquent-tax-list

Thanks for watching, Eli!

@@Retipster 100% taking action within the next few weeks.

Glad to hear it, Brian! Thanks for watching.

Thanks for watching!

Thanks for watching!

@Marc Tonzillo in cities or built-up areas a good rule of thumb is 20% of the sold values of houses in the neighborhood where the plot of land is. In more rural areas, 3%-5% of the tax assessed value is a good starting point.

comps on recent sales

Thanks so much! I'm glad you got some good knowledge from it!

I do both, actually, depending on who I'm mailing to, how much time I want to put into exploring each lead and how much money I want to put on the line for each campaign. You can see some examples of both. Here are the postcards: retipster.com/postcards and here are the blind offers: retipster.com/blindoffers

Thanks for watching!

Thanks, Amber! Check out this blog post: retipster.com/truthaboutlandinvesting - you'll find a lot of answers on this.

You did not talk about how much a property could cost. You could have given an example of the property u bought. Do you buy cash? Do u buy in installments? How can you make money by instantly flipping them and not waiting for the property to appreciate. Can this be done part time with a full-time day job?

@@ShowBizJunkie look for people behind on their taxes. Most likely they don’t want it, make offer 30% of value. Most people say no, some say yes. Buy it , then sell for market value. (Very dumbed down so I don’t have to type a lot)

Thanks, Aaron! That's a totally valid concern. We've actually got a blog post that addresses this a bit, you might find it interesting: retipster.com/market-research

@@Retipster thank you!

I've done both over the past year. It depends on who I'm mailing to and how much time I'm willing to put on the line to make a deal happen.

@@Retipster How do get the address to mail? I have an idea but would like your resonse.

That's a great question, and one of the bigger challenges with land (not insurmountable, though). I've actually got a couple big blog posts about this subject, you can find them here: retipster.com/valueofland and here: retipster.com/vacant-land-valuation

Are you talking about if you offer seller financing and need to foreclose? You could avoid this scenario by just selling for cash and not offering seller financing in the first place. Or you could do some basic underwriting (get a credit report and larger down payment) to lower the likelihood that your borrower will ever default, and even if they do, you can hire a foreclosure attorney to get the property sold at auction or repossessed. There are plenty of ways to overcome that problem or avoid it altogether.

Written contract between both parties. My plan would be to sell the property all at once instead of doing seller financing.

Hi Nostahlgia, good question. I put together a pretty detailed answer about that on our forum. You can see it here: retipster.com/forum/topic/60/blind-offers-or-postcards/5

Best of luck to you Cyrus!

@@Retipster Seth! just wanted to thank you for the blog and the videos . I've got some cash set aside to start my businesses and start making deals within a couple months . I'll be sure to come back and to you how your work has helped me

@@cyrusnorth1735 how has it been for you?

Hi Amanda, try this retipster.com/findingmotivatedsellers1 or this retipster.com/delinquent-tax-list

@@Retipster Wow, Ton of good info. there in the vid.

Yes, coaching is a very expensive and time-consuming endeavor for both the coach and the client. For most people, the course is a more cost-effective way to go.

Interesting insight. I actually had the opposite experience when I tried bidding at a lot of county auctions last year. Auctions bring in *a lot* of competition and makes it very hard to get great deals (unless it's a property that nobody wants, which means there's an obvious problem with it). You can see what I found with that strategy here, in case you're interested: kzfaq.info/get/bejne/l92HeM6W1Lenkmg.html

Congrats on your deals in Colorado! Sounds like you were able to sell all 4 at a nice profit with a realtor, then?

What I'm saying is your entire business model seems to be finding rare idiots via junk mail and then low balling them. But the problem is that lots of people are actually doing this now. You are literally competing with a bunch of other people to sucker the same few morons that can't pick up the phone and call someone who can sell their property for 2-4x what you pay. It's never been easier to sell properties than today. I say morons, but that's kind of mean spirited. My guess that it's mostly old people and I feel sorry for them. I wasn't mentioning my properties for kudos, but rather to say that it's not just desirable properties that get this attention, but stuff that 12 years ago literally nobody wanted. Now, like I say, I probably get 100 pieces of junk mail from people like you in a single year. Why not just make an honest living? I'm not saying give up on real estate, but do something that actually creates real value. Ironically, in an age where people generally have no real skills it's kinda easier to make a real product or provide a real service rather than going against every other schemer and scammer who can't do anything worthwhile.