Flipping Houses vs. Flipping Land: A Financial Comparison ​​​​​​​ - Land Academy

Flipping Houses vs. Flipping Land: A Financial Comparison ​​​​​​​

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Flipping Houses vs. Flipping Land: A Financial Comparison 
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By Jack Butala
I’ve never been a big fan of really long blogs. I like the USA Today / 8th grade version of things in general.
Here’s a side by side comparison of Flipping Houses vs. Flipping Land.  It’s seems pretty clear which one works best (maybe a combination of both could work).
I created a spreadsheet, but here’s the summary:
Flipping Land turns a 300% Profit Margin.
Houses turn about a 35% margin.
If I had $100,000, I could turn it into $300,000 in land. In houses, I could turn it into $135,000.
Aside from the clear financial benefits, here’s a few other points to consider:
  • Land needs no attention, houses need to be renovated and maintained.
  • You can burn down your land and it holds the same value.
  • You can buy land in all 50 states from where you are sitting right now, houses need to be “walked through” and managed. You don’t need to go see land.
  • The only carrying cost with land are the annual taxes (most of the time). There are too many carrying costs to list here with houses.
  • My 7th grader gets it. He has seen us in both businesses and he prefers land flipping because he knows I will pick him up after school if we are not flipping houses.
  • Land is much easier to buy and sell. There’s tons of unwanted rural properties available and ready for negotiation which allows you to sell it for much less to the end user.
There’s no competition when buying land. And it’s a lot more fun…
Are You Using TitlePro247 All the Time Also?
We are thrilled to be able to share TitlePro247 to our members. Many real estate professionals have heard of AgentPro247, but we have the additional features offered by TitlePro247, for our members. It includes added information and documents used by title companies so you can complete your own “due diligence” like a title agent.
Here is one way we use it. To confirm ownership when a seller calls us back from a direct mail offer, we log in and use the “Property Search” field and input the APN (Assessor’s Parcel Number) and county. We can also search by: owner name, site address, mail address, and intersection. (You can also just select “Nationwide” and access ALL the properties of that owner.)
From there you can select the property, view it on the map, confirm ownership details, download a detailed property report (with GPS coordinates and plat map), review recorded documents, and more.
*Don’t forget! Members get ten free property reports and three free online document images each month. (Additional reports/images are available as needed & purchased a la carte.)
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Current Member Updates:
  1. LandStay.com We are setting out to change the way the industry buys and sells property. (Oh, it’s coming and it’s going to be great!) Let us do the work for you. As a member you will be able to post and “share” your available property all over the internet!
  2. Weekly member calls. Last week was our largest turnout! Great place to get live, direct answers from Jack & Jill. This month’s remaining member calls: 12/15, 12/22 . No call 12/29. All scheduled for Thursday, 3pm MST/5pm EST, and email invites sent out on Tuesdays.
Not a member and want to sit in on this week’s member call?
Sure! Send an email request to: support@landacademy.com
CASH FLOW FROM LAND – Podcast titles for next week:
 Mon 12/19 Too Many Member Offers in One County (CFFL 356)
 Tue 12/20 Make Offers to Make Money (CFFL357)
 Wed 12/21 Land Investing – The Truth (CFFL 358)
 Thu 12/22 Offers 2 Owners that Work  (CFFL 359)
 Fri 12/23 LandStay – Why Our Website Works (CFFL 360)
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How can I find lake frontage properties? Who mails the deed in for recording? I learned more about this business than if I took a semester of MBA courses.
Read some of the questions/posts creating quality conversations within our online community (SuccessPlant):
  • I’m going to be targeting 5 acre parcels and I’m wondering if there is a way to separate those that have lake frontage and those that don’t in Real Quest? I don’t want to waste mailers on properties if the offer price is obviously going to be too low for the properties with frontage.
  • I sold my first property with an online check out “buy it now” sale. I know Jack and Jill say in the program that they have the buyer record the deed and they send instructions on how to do it, they also say that they have problems with buyers not recording the deed. Jack and Jill (and any others that could lend input), why not record the deed yourself? Wouldn’t that be cleaner? And you would not have to worry about the hassle of dealing with notifying the buyer of tax statements etc down the road should they not end up recording? What are the pros and cons to each approach?
  • I sent out 1,300 offers my first mailing. Thought I did a ton of homework, called a couple brokers, etc. Sent 40 acre parcels for $5k, comps were showing $12-$15k market…did it via the whole county…and well, I got a ton of accepted offers. Fired up right?!?! Well, all the accepted were worth about $8k and weren’t moving or had no access available. So what is a couple grand and a couple weeks of homework??? I went back and re-watched the packet another two times and CD 5 about 5 more times. What a way to learn though??? I will never make that same mistake again, and I learned more about the business than if I took a semester of MBA courses somewhere. Do, fail, learn, do it again wiser this time!!!
Check it out here
Tip of the week:  Create a scheduling system and get in the habit of posting your available (and sold) properties all over the internet! If it’s not selling, you either overpaid and are priced too high or you are not reaching the right people.
support@landacademy.com
Sincerely, Jill DeWit
support@landacademy.com

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No need to hire staff - we did it for you.

Land Academy PRO is the brainchild of founders Steven Jack Butala and Jill DeWit. Designed at the request of Land Academy members who are ready for a higher level, we’re excited to continue to provide the tools and support needed by professional investors.

Each level comes with a preset amount of included data, Concierge Mail service, and postage. For example, the Green level includes 6,000 units of completed-for-you mail completely out the door at no extra cost to you.

All levels include a PatLive introduction and preset script (we will set up your phone answering for you), use of Land Academy’s personal Transaction Team to manage your deal flow, an AirTable (CRM) base setup managed by our (and your!) Transaction Coordinator, personal consulting, regular office hours, and includes your Land Academy subscription cost.

If you’re making this a business, Land Academy PRO takes the work off of your plate so you can focus on the things that matter – like running your business.

Green

$10,060

per Month

Silver

$14,590

per Month

Gold

$19,120

per Month

Platinum

$23,650

per Month

Black

$28,180

per Month
Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
6,000 mailers 9,000 mailers 12,000 mailers 15,000 mailers 18,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value $500 value $500 value $500 value $500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value $7,500 value $7,500 value $7,500 value $7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value $100 value $100 value $100 value $100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
- - $1,000 value $1,000 value $1,000 value
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value $2,500 value $2,500 value $2,500 value $2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value $150 value $150 value $150 value $150 value
FREE Career Path Access
$23,000 value $23,000 value $23,000 value $23,000 value $23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value $300 value $300 value $300 value $300 value
Subtotal: $8,550 value $8,550 value $9,550 value $12,050 value $12,050 value
Mail Value: $7,500 value $11,250 value $15,000 value $18,750 value $22,500 value
Total Value: $39,050 $42,800 $47,550 $53,800 $57,550
Apply Now Apply Now Apply Now Apply Now Apply Now

Green

$10,060

per Month
Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
6,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
-
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value
FREE Career Path Access
$23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value
Subtotal: $8,550 value
Mail Value: $7,500 value
Total Value: $39,050
Apply Now

Silver

$14,590

per Month
Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
9,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
-
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value
FREE Career Path Access
$23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value
Subtotal: $8,550 value
Mail Value: $11,250 value
Total Value: $42,800
Apply Now

Gold

$19,120

per Month
Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
12,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
$1,000 value
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value
FREE Career Path Access
$23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value
Subtotal: $9,550 value
Mail Value: $15,000 value
Total Value: $47,550
Apply Now

Platinum

$23,650

per Month
Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
15,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
$1,000 value
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value
FREE Career Path Access
$23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value
Subtotal: $12,050 value
Mail Value: $18,750 value
Total Value: $53,800
Apply Now

Black

$28,180

per Month
Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
18,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
$1,000 value
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value
FREE Career Path Access
$23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value
Subtotal: $12,050 value
Mail Value: $22,500 value
Total Value: $57,550
Apply Now

Disclaimer: *We have a monthly “use it or lose it” policy with mail and data – Land Academy PRO is designed to keep you on-track and consistent.

To cancel, all packages require a 30 day notice to move you back down to regular Land Academy membership.

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Scheduling a Career Path interview call is currently on hold and will resume closer to Fall 2024 as we approach Career Path 10.

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