In this episode of the Forever Cash Podcast, I share my top tips for optimizing your seller leads to close more land deals.
How do the top 1% of land flippers manage to find multiple land lots and buy them from pennies on the dollar and go on to flip them for as much as 200% ROI?
The answer is using the best tools and systems for the job. You can optimize every step in the deal-making process using the right tools, including narrowing down on the best seller leads to close more land deals in less time.
Our students have access to our proprietary Land Investing CRM, the Investment Dominator. While there are many CRMs on the market, what sets ID apart is that it is an end-to-end land deal management system built by Land Flippers for Land Flippers.
To find out more about the Investment Dominator, book a call with one of our land experts to discuss the best solution for you and your land business.
How to optimize your buyer leads with the Investment Dominator
When looking for the ideal property to get under contract, you want to target properties that meet a few specific criteria:
- The owner should not be overly invested in selling or keeping the property
- The property should be in a path of growth or meet the needs of buyers with specific interests (outdoor enthusiasts, homesteaders, RV hobbyists, fishermen, etc.)
- It needs to be the appropriate size to suit your ideal buyer’s needs
Knowing how to filter your data to isolate properties that meet these criteria can be a challenge. However, if you use the Investment Dominator software, your data will be filtered using the same criteria as the top 1% of land flippers.
How to communicate with prospective sellers to close more land deals
Once you have the ideal list of property owners to contact about selling their land, you need to find the best way of communicating with them. Based on our years of experience together with thousands of deals we have done, we strongly advise using direct mail campaigns. While technology has enabled us to reach many more people with digital marketing, just think about how many marketing emails and texts you discard on a daily basis? Traditional letters are therefore much more likely to get you a good open and response rate.
Stuffing envelopes with thousands of letters is not the best use of your time as a business owner, and therefore we suggest that you use a mailing house to streamline your direct mail campaigns. The Investment Dominator offers integration with some of the best mailing houses in the country. We have actually discovered that it costs LESS to use a mailing house for your direct mail campaigns than if you pay for paper, ink, envelopes, and stamps yourself!
If you would like to find out more about how to do multiple land deals for huge profits, register to attend our upcoming Land Flipping Masterclass – starting on March 21st.
For more tips and valuable information on land investing, follow Land Profit Generator on our social media channels.