One of the frustrations of being a land seller is canceling a contract. Canceled contracts occur in two situations. The first is when the land…
Read MoreThe Economics of Canceled Contracts
First Class or Standard Mail
One critical part of Real Estate Investing is mailing offer letters to potential sellers. Because of the cost involved, new investors are often looking for…
Read MoreWhat is Capital Recovery in Land Accounting
In Accounting for Land Investors, one of the formulas we use when creating journal entries for terms sales is Capital Recovery. The number represents the…
Read MoreChoose an Area like You’re a Surfer
“I only see a couple of investors in one area, but there are more in another. Which one should I choose?” I get a question…
Read MoreUsing Terms Price to Calculate Cash Price
Land sellers often only list terms prices and fail to list the cash price, making calculating comps difficult. Here’s what I do. To illustrate, I…
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