How to Evaluate the Slope of Land for Land Flipping Using The Land Portal

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Knowing how to evaluate slope will help you secure a good quality piece of land at the right price, and eventually will lead you too more profitable deals. In order to evaluate the slope of a piece of land, we will be using two essential land flipping tools: The Land Portal & Google Earth Pro.

We use both in our own land flipping business to not only look at the slope of land, but to evaluate many other aspects such as county lines, and whether the land is on wetlands or floodplain.

These physical features can influence the quality of the property and will help you determine the right price point.

Before we start measuring slope, make sure you have both tools on your computer.
If you haven't already signed up for The Land Portal, we offer a 14 day free trial for anyone to try. Link to 14 day trial.

If you don't already have Google Earth Pro, download it here for free.

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Getting Started

After signing up and getting logged in, go ahead and open The Land Portal to get started.

Your screen should look like the example below.

On the right side of the map, you should see a 3D button, click on this to view the map in 3D. This feature makes it easier to see how the land actually looks.

Next let's find a parcel to evaluate. 
If you already have one in mind, feel free to use the Search feature in the top left of the map to locate your parcel.

After you have your parcel pulled up, go ahead and click on the piece of land.

After clicking on it, you will see a white box pop-up on the left hand side of the map that provides a lot of information about the property.

While all this information is extremely useful to the overall land flipping process, for this walkthrough, we are just going to be downloading the KML file. 

You can find the Download KML button in the white box under the property owners name.
See example below.

Google Earth

If you haven't already downloaded Google Earth Pro, you can do so here.

After the KML file has downloaded onto your computer, click on the file and Google Earth will automatically open. 

It should look similar to the example below, with the parcel you selected from The Land Portal now listed under Temporary Places in the left-hand "Places" menu of Google Earth.

Your map should also be showing you the parcel with a red box around it. 

Next, locate the tool bar in the top menu of Google Earth and click on the Ruler button. 
See the example below if you have trouble locating this button.

We are now ready to measure the exact slope of our land using the Ruler tool.
After clicking on the Ruler button, a new box will appear. 

First click on the Path tab at the top of this window.
Make sure to check the "Show Elevation Profile" box in this window.

Now on the map, click once on the front of your property line once, and then click once on the back of your property line.
Your screen should look similar to the example below.

You should now also see the Elevation Graph appear below the map. 
using your mouse, you can drag up and down on the Elevation Graph to see the exact elevation profile that spans from the front to back of your property.

What we can gather about our property from this Evaluation Graph is that the slope is increasing about 10ft above sea level every 50ft.

This gives us around 15%-18% increase in slope towards the front of our land, and as we move to the back it greatly increases.

A slope of 15%-18% could make it difficult to build on, which is essential when flipping land as having a buildable property will make it sellable. If the slope is too severe, shift your focus onto another parcel. 

Other Ways to Evaluate Slope

With a property like the one we are using for this walkthrough, it's best to get more information.
Before you get feet on the ground, let's dig a little deeper on Google Earth.

Exit out of the Elevation Graph on Google Earth. 
On the right-hand side of the screen there will be an icon of a little orange man.
This is the Google Streetview tool.

Click and drag this icon onto the road in front of your property.

 

Once you've dropped the icon onto the road, you should see a view similar to the example below.

Since we are focusing on the front part of the property that has the least amount of slope, we use Google Streetview to see if there are actually buildable areas here.

As you can see, there are a lot of trees and bushes towards the front of the property, making it hard to see whether it's flat enough to build on.

Click around on the road in front of your property and look for any neighboring houses or structures.

You can see that our neighbor in the image below has built a home. This is a good sign!

 

If you find that there are homes built along the road near your property like ours above, there is a good chance that your land is also buildable. 

That being said, we ALWAYS recommend getting physical boots on the ground to walk the property. 

We use these tools to evaluate slope before getting boots on the ground to save on time & resources. 
Only get boots on the ground if you think the land has potential based on your slope evaluation.

Follow Along with the Full Video Tutorial Below

https://www.youtube.com/watch?v=BlnxAMk5E60

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Fill out the form HERE.
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View Transcript here

Dylan: I funded that one myself during my lunch break of my corporate job. I’m just like, holy cow. I’ve never seen that much money in a bank account before. So what are your goals done in 2024? My goal is 250 K in profit.

Ron: Uh, 250 still sounds low to me. I don’t know if, uh, I don’t know if we’d still need to argue that number up a little bit.

Dylan: Absolutely. And even like when I was working my corporate job, probably my first three deals, I closed during my nine to five. I would either walk up to my car and talk with the seller. It’s like, okay, I can work super hard for, for that bonus or my first deal. I mean, 30,000 profit.

Ron: I have consultations all the time.

People come in from wholesaling. Some of your shit over use what we teach you combine the two things and you’re going to do really, really amazing things.

Dylan: As I educate myself, I started to realize like, okay, people who are wealthy, they either do so with real estate or business. And if they’re smart, they combine the two.

Ron: Hey, everybody. Welcome back to the real estate investing podcast. I’m your host, Ron Apke joined by Anthony Weiler. Uh, common guests by now, Anthony, you’ve been on here quite a few times. And Dylan Rush drove down from Milwaukee, Wisconsin to Cincinnati, Ohio. Really excited to have you on here, Dylan.

Dylan: Yeah.

Thanks for having me. I feel like I’ve listened to 10, 000 plus hours of podcasts over the last five years or so. So it’s, it’s really cool and humbling to actually be on one.

Ron: And the cool thing about your story is not, I mean, it’s a lot of people who come on, like you haven’t been doing this that long, but you’ve been so engaged in the community, so engaged, uh, in your learning and like just taking it on full force.

It’s like. You quit your full time job. You’re six months in, you’ve quit your full time job. You’ve done a lot of things. I know you have another job now, but um, you’re trying to put more time money into land, which is really awesome. But just talk about your story from the start. Like how’d you find us?

How’d you end up where you are?

Dylan: Yeah. Yeah. Great question. So, uh, really, um, it all stems from can’t come from a great family. Um, have two amazing parents. There’s four of us kids. Um, really, we’re a, a sports family. So my dad’s still high school basketball coach. Um, all four of us kids played college sports at the small school level.

Uh, for me, I was a point guard at a division three school in Wisconsin and, uh, really took that passion for sports and, uh, turned it into a career. So for the 2016, 2016 season, uh, Worked for the Green Bay Packers for a year. So as a kid from Wisconsin, that was a dream come true. Um, five years after that, um, was at the university of Wisconsin and in the athletic department, um, had an awesome experience there.

Kind of wanted to be a college athletic director at the time. And as I was a few years into my career, um, my wife and I got engaged, ultimately got married and really went all in on, um, understanding personal finance and what that meant for me and my future family. Um, like anybody who kind of starts their personal finance journey, that you start off with Dave Ramsey.

So we were paying off student loan debt. There were months where we were chunking four or five, 6, 000 a month and living very fugrily towards that student loan debt. And after we paid that off, we were like, okay, what’s next? And for us, it was as I educated myself, I started to realize like, okay, people who are wealthy, they either do so with real estate or with business.

And if they’re smart, they combine the two. Um, so that really embarked me on my journey. Um, we house hacked a duplex in late 2021, inherited a tenant. I think she was paying like 540 a month. Uh, Transcribed She didn’t renew her lease. We decided to turn that into a short term rental. And in the first full month, we made, I think, 5, 100.

Um, so at that point we’re like, holy crap, we might be onto something here. From a real estate standpoint, and really my, uh, big turning point was this past fall when I joined, uh, the Action Academy Mastermind. Um, really opened my eyes and allowed me to be around people who are like minded. Um, I think it’s like 200, 250 people all within different asset classes that are, um, trying to get it done with real estate or buying businesses.

And, um, as part of the action Academy in that first month, we have to, uh, develop a vivid, vivid vision for what we want our life to look like. And right around that time is when I heard you run on Brian’s podcast and heard about land investing for the first time. And I was just like, Wow. That’s something I could maybe do.

I knew that, um, with two kids now in a demanding corporate job at the time, I was like, okay, I don’t have time to flip houses, but what I can do is, Hey, I could put my kids to bed at 7. PM. And from 7. PM to 11. PM at night, I can go price counties, run comps, send direct mail. Um, so instead of focusing on like the limited time that I have, I was like, okay, what can I do?

And that’s where I found land investing, joined the group. I think in September, October. And, uh, yeah, the rest is history.

Ron: Yeah. And we’ve had a lot of people come from action Academy and the thing I always get excited when people come from action Academy, because like what Brian has built there with that mastermind is like, it is exactly what it is.

He pushes you guys to take action. He pushes you guys to do things and make things happen. Um, so when did you join? Do you know, cause I have you joining land of SE online, September 20th. Do you know exactly when you joined action Academy? Yeah, probably. Four or five weeks before that. Okay. Yeah. So yeah, it was all kind of at the same time.

And, uh, and that’s a big investment too. It’s not yet like those, that’s a big investment essentially to network and to find opportunities, but it’s led you here and it’s going to lead you so many more places, financial partners, money partners, all those things. Um, that’s what we’re really doing. Anything with cohort one Oh one, two is like pushing networking, pushing people, talking to other people.

Um, and that’s all action Academy is about, right?

Dylan: Yeah. Yeah. It’s all to me. It’s about who, not how. Um, so I’m just surrounded constantly by people who are doing big things. Like there’s one guy in my weekly pod who’s buying an existing business. Um, so it’s just like, you’re exposed to so many different things.

It’s allowed me to think bigger, um, within action Academy, we have different micro tribes. So like every day I’m texting, uh, the four or five guys, um, that are in my little group message and, um, we’re inspiring each other, um, and just pushing each other along, learning, learning together as we go.

Ron: So talk about when you first started sending mail.

So you told me before this, you started sending mail or your first mail hit in like November, you joined in September. Like what did the first month look like? First of all, like, was it just education or when did you actually send your first mail?

Dylan: Yeah. So it was a good combination of education. And like you guys talk about it, it can take maybe a month to actually have the, the mail hit mailboxes once you submit it.

Um, so yeah, my first mailers hit in November and, uh, set up Pat live. Really. I followed your guys education program to a T and, uh, you know, Yeah, just followed it step by step and have was lucky enough to have success. Uh, my first deal, uh, locked it up at like 30, 000 and then the seller ghosted me and it took like six or seven follow ups to, uh, to finally land that first deal and, and actually funny, funny enough, um, Anthony called me, I think at like 9am I was at my corporate job and he encouraged me to, to stay after the lead and, um, that kind of inspired me and encouraged me and.

Sure enough, after I got off the call with Anthony and he does a great job of checking in with everyone in the group, uh, called that seller back, the seller finally answered. Um, we landed on a 35, 000 purchase price and, uh, ultimately ended up selling that one, had a accepted offer in, in a matter of days, uh, for 65, 000 dollars.

Ron: And that was a buy and resell.

Dylan: Yes. Yep. A true flip there.

Ron: It’s such a good lesson, Anthony, for like, you see so many people in that position who stopped calling the person or don’t feel comfortable. Is that like. How many, what percentage of people would have never got that deal?

Anthony: Well, I think it would be a good amount of a good percentage of people that wouldn’t because there’s a lot of people that I was talking to Dylan about this last night too And we got dinner is some people are so afraid of being on the phones or having that call They think that they’re being too pushy or if they’re not responding They’re not interested.

But once you get them on the phone, you just got to do what you can with it But yeah, I think it’s a a good percentage of people that don’t take action like that seven follow ups Yeah, that’s awesome.

Dylan: Yeah. Yeah. That’s what it took. And I knew it was a good deal. Had it on the deal review with you and Dan, so, um, knew I wanted to stay after it.

And especially with it being your first deal, it was great to have that first one under my belt and, um, have had a few since then as well. So, um, yeah, the ball is rolling.

Ron: Yeah. I remember that deal. Is that like five acres or something? Yeah. Yeah.

Dylan: Five acres. Um, if I knew then what I know now, like maybe I could have split it up and made a little bit more, but like when you’re just starting out to get your, you know, your Capital recycled, um, is huge.

And I funded that one myself. So, um, to get that wire was, uh, was, that was a crazy experience. Is that during my lunch break of my corporate job? I’m just like, Holy cow. I’ve never seen that much money in a bank account before. And, uh, yeah, just plan on reinvesting that into the business, into more marketing and education and all that good stuff.

Ron: That’s wild. So just like, so what was the date? Do you know the date you got that wire or about?

Dylan: Uh, that would have been, uh, probably late January, early February. So it’s relatively recent. Yeah.

Ron: So yeah, you turn, turn 35, 000 into 65, 000 in a couple weeks once you actually close the deal, that’s Incredible.

And like you said, those wires coming in, it’s a, it’s right in the rush at first, and you’re going to keep looking at bigger and bigger wires as you go farther in this business, is that kind of what you’re looking at? So let’s just talk about what you’ve done, like you, six months in or so, about six months, a little more than six months.

Um, what have your numbers look like so far? How many deals, how many mailers, everything like that?

Dylan: Yeah. So, um, really right when I got started, I think in Q4 of 2023, it was roughly 16, 000 mailers, I would say. And from those 16, 000 mailers locked up four deals, uh, two of those have closed all the way through.

In fact, I just closed one on the, on the dispo side, uh, two days ago. And, uh, there’s one on the market and then one, I closed on it in like a week and a half. And that’ll be, I think 50, 60, 000 profit F even after paying out an investor who’s going to fund the entire deal, um, should be able to lock up that deal without any of my own money.

Which is really cool. So yeah, have sent out 16, 000 mailers, uh, in Q4 and then just started out mailing again, um, here in like February and March. So I took like a month off in January as I got like my cold calling set up. Uh, um, but yeah, it’s been great. I’m planning on going all in for 2024 and beyond.

Ron: So you’ve had, I saw your sheet that you sent me, you had six deals.

You, you’ve had six deals that have a projected sale date. Essentially you’ve closed two all the way through right now.

Dylan: Yep. Two all the way through one on the market. And then three, um, have under contract. They’re in the escrow process. One of those deals, uh, the big profit split one, um, took a few months to get things sorted out from a title standpoint, but I stuck with that, kept, kept the seller informed.

Worked with the title company and, uh, yeah, I’m glad I did. It’ll end up being my biggest deal so far.

Ron: That’s awesome. Nice. What are those numbers look like?

Dylan: Yes. That’s a buy for 82, 82500. I think retail might be in like the one 60 range.

Ron: Yeah.

Dylan: Um, and again, uh, from action Academy found a funder and it’s going to be a huge win for the funder too.

I’m hopeful and confident that they can get their money back within a week. A month or two, um, which is very common in the land investing space. And then, uh, hope I’m hoping it’s a win win for both of us. And then, um, can plan on using that capital partner going forward.

Ron: So what are your goals kind of for 2024, as far as like you have 200, 000 of projected profit?

I know some of it, no, I guess none of that was in 2023, right? Nothing close. Okay, good. Um, so what are your goals kind of 2024?

Dylan: Yeah. So it’s funny. I remember talking with Anthony and our initial call and my goal was like 120, 000 in profit. And, uh, and, and yeah, I’m well past that already. Um, we’ll see how these deals shake out.

Obviously you need to wait till everything’s said and done, but, but yeah, going into 2024, my goal is 250 K in profit just from land investing. Um, it might take some, some marketing spend to get to that point, but, um, I’m already seeing the fruits of my labor and the return on ad spend, if you will. Yeah. Um, from all the mailers, from the cold calling service that I’m using, um, and just locking up leads, locking up deals.

Ron: Nice. I know, Anthony, you have a good relationship with Dylan. What’s kind of your perspective from a 250 still sounds low to me. I don’t know if, uh, I don’t know if we’d still need to argue that number up a little bit, but, uh, what’s your perspective from like what Dylan’s done? Like, it’s, it’s awesome seeing you guys in such a short amount of time and what you guys can accomplish, but, uh, give me your thoughts on everything.

Anthony: Yeah, I, the thing, the thing that stood out the most to me, Dylan, with you is just your mindset with the consultation calls and coaching calls that I have with people. It’s like, Oh, is this really going to work? Like, how do I know this is going to check out? But right from the get go is you had the mindset of just being all in like, Hey, you know, I have money to, I have money to play with.

This is what I want to do. This is what I want to accomplish. What does it actually take? And every time we’d have phone calls, cause we would, we would check in with each other all the time. Cause like, I want to make sure I keep in contact. Cause you, you were dead serious. Like you can tell when people join the community who actually wants to try it versus people that.

just kind of want to fart around, you know? And so yeah, for you, just, um, it’s just the mindset and every, every advice, um, or like the questions that you would ask. You would just take action from there and you would just get after it and if something didn’t work it’s like okay Well, can I tweak this or which what should I do differently?

And just being active in the community and the little micro tribe that you guys have in action Academy I think is really important having like that small community of people that you can rely on And I think that stood out. And the biggest thing with people who are successful is just taking action and staying consistent.

We preach that so much day in and day out. Uh, with land investing online is the more action you take, just the consistency it will build. It definitely will. Like how you’re saying, you have what, six or seven deals right now in the, in the pipeline. Yeah. Six of them. Like, I mean, it just speaks for itself.

So just your mindset and your action I think has been incredible and the results show for it.

Ron: So you think like. When you came in, like going on that mindset, like, was it like, some people come in, like, I’m going to test this thing out. I’m going to test it. I can see I need proof of concept, all this stuff.

Were you just in the mindset? Like, this is going to work. I’m going to make this work.

Dylan: Yeah, kind of, um, kind of a burn the ships type of approach. Um, certainly wasn’t going to put my family in any crazy financial jeopardy, but like, I knew I had some money to play with and it kind of stems back from like a few years ago, like we were maxing out retirement accounts.

So I had, Um, that frugality built in years ago that I was like, okay, land investing is now my opportunity. This is my big swing. Let’s go for it. And, uh, yeah, I, I feel like once you have clarity around your goals and your why and providing for your family, like it’s all about just taking massive, massive action and, uh, and dealing with the results after that.

So once I had that clarity, I was like, okay, I’m all in. And I think we forget because I, Eat, sleep, breathe, all things land investing at this point in my life, and I’m loving it. We kind of forget that like land investing can be a lonely thing. So like having the folks in Action Academy, having you guys, having Anthony calling me on a weekly basis, um, just gives you that echo chamber of like, Hey, that person’s had success.

I’ve heard people on your podcast before talk about the success that they’ve had. And, uh, I can’t talk to family and friends about this because they’re not doing what I’m doing, which is fine. But like to have that community and the who’s around you has been super helpful. Um, cause they understand the struggles that you go through and all the ups and downs within land investing and real estate investing in general.

Ron: And you have so many people on your side in terms of action Academy and obviously our group as well. Like it’s people trying to help people. Like it really is. Um, as far as like people want to see other people’s success, are there people get jealous? I’m sure like when they’re like Dylan just started, I started last, uh, I started last April and I haven’t had that success.

And it’s, it’s a, it’s a person by person thing for sure. But having the support, having the community support as you go, like, I just don’t think there’s anything else going back. Cause you said like, You had that frugal aspect in your life. Do you regret any of that? Or do you think like, as far as the Dave Ramsey stuff, he’s a controversial figure and that’s what I’m kind of getting into.

Um, but, um, any of that you regret or like, is that awesome?

Dylan: Yeah. If Dave saw what I’m doing now and all the wheeling and dealing and land investing, he would not approve. Um, but I think that just goes to educating yourself. So like we went from, okay, Dave Ramsey, as I learned more, it’s like, okay, financial independence, invest as much as you can.

And I was like, okay, you could be a multimillionaire, you But you’re going to be 60 years old. So I was just like, okay, if I could figure something out in real estate or in business, that’s going to be your ticket to cashflow to financial freedom and having, um, work be optional, potentially I’m still a ways away from that.

Um, but even it’s allowed me to leave a corporate job that was okay. Um, it was, it was. Working with great people and whatnot, but, um, taking a job, that’s just going to be better from a faith family fitness and ultimately allow for more time with, uh, land investing. Um, so just having land investing has allowed me to open up so many doors, um, for so many different aspects of my life.

Ron: It’s like picking and choosing like what you’re going to learn from different things. Dave Ramsey is obviously extremely, uh, one sided as far as how he says things, but you can pick like for sure, like learning how to, uh, Have a budget like at very minimum like learning how you can pick things and people get so mad about it And I’ve said bad like I don’t believe that you should have no debt at all.

Like I don’t believe in that Um, but that being said like can you use things? Absolutely, and that’s what we do with our community. Like some people come in from wholesaling. I have like Consultations all the time. People coming from wholesaling, like bring some of your shit over and use some of that in this.

Use what we teach you. Combine the two things and you’re going to do really, really amazing things. Um, and it sounds like that’s what you’ve done, like continually to learn, pick and choose where to learn from and what to pull from each thing, right?

Dylan: Yeah. Yeah. I’m constant. Listen to land podcasts, even on the six and a half hour drive down here.

I was listening to traction by Gino Wickman to understand like the EOS system and, and potentially building a team moving forward. And, uh, yeah, I, I love this stuff. I could talk about land investing, real estate investing, buying businesses all day. And that’s something that you may not get. Within your inner circle, but you surround yourself with people like Ron and Anthony and people within your community action Academy.

And that’s all we talk about. And it’s, it’s been awesome. That’s awesome. That’s really cool. Uh, Anthony, you got any questions for him

Anthony: in terms of. I would say my main question, especially having dinner with you last night, you seem like a person that is really into personal development, um, and I’m curious to know just with your mindset and who you are as an individual now, was there a pivotal moment in your life?

I know you gave us a little bit of your story, but you know what, what got you so motivated and inspired to like, okay, now I really want to take action. Like my eyes are starting to open up a little bit more. Was it after, you know, getting a deal or was it joining Action Academy? Like where, what was your pivotal moment?

Cause I feel like we all have one in life.

Dylan: Yeah, no, great question. Honestly, for me, I remember my wife, um, telling me that we were pregnant and we were going to have our, our first kid. And, um, I know you guys are both dads. So like when you hear that, just like your whole world changes, your mind changes, and it just, um, had the responsibility to provide for my family and wanting to, to give my now two kids, um, the best life possible.

And, uh, Yeah, still have a long ways to go, but, um, luckily I have an amazing wife who’s been on board with, with all my, uh, real estate and entrepreneurial craziness too. So, um, yeah, it’s, it’s been awesome. So that’s kind of been my why and what’s kicked off everything for me.

Ron: Some people like go the exact opposite.

Like that’s the time, not saying you’re taking risk. I mean, you are taking some risks for sure. Um, but like some people exact opposite. My wife’s pregnant. I’m going to be passive. I’m going to do this, this, this, like I don’t, I just going to be safe, the safe corporate job. I’m not looking for a way out. All three of us are kind of similar in that.

Like I quit a job when my wife was pregnant. You took a leap of this, uh, everything like that, or you kind of had that mindset shift and Anthony moved across the country, 3000 miles, um, all when our wives are pregnant or anything like that, which is crazy to hear, but like. That’s the thing. Like there’s so many excuses out there, whether you, I don’t know, you can think of hundreds of excuses why people don’t start something.

Um, but if you have that, why, and we talked about the last episode we did together, just having that, why is so, so powerful, like it cannot always just be money, money, money, money, money, like a, why, like, why do you want. An extra 100, 000 a year. Why do you want, uh, to have the financial freedom? What is it going to do for you?

And if you actually understand that internally, like, uh, Dylan was able to drive down from Milwaukee to be on a podcast, uh, in the middle of a week, like being able to do that and all that, these other things, like it’s, it’s really cool to say.

Dylan: Yeah. And to me, it’s really not about the money. It’s just about.

Time, freedom, um, freedom to do what you want, where you want with who you want, um, which is something that Brian Lubin always says from Action Academy, but, but it’s so true. Um, money’s just a number. It’s just a tool and, uh, it’s not what drives me. Um, it’s providing for my family and just trying to, um, reach my potential as an individual.

Ron: Yeah. And rich people are like the most wealthy people don’t look at money. Like poor people, they really poor people look at it. Very transactional in terms of money, money like that, um, where you’re investing so much into community, into networking, into education, into like growing yourself, which is cool to see for sure.

And like, that’s where you need to put your money, like put it into you. And Alex Ramos, he says it all the time in terms of investing in yourself. If you have a thousand dollars, invest in yourself. If you get a skill like that skill cannot be taken from you. You can be fired from your job. You can have money stolen from you.

You cannot lose a skill. Um, barring anything crazy happening as far as like mental. Um, but, um, that there’s so much value in investing in yourself.

Dylan: Yeah, absolutely. And, and even like when I was working my corporate job, it’s like, okay, I can either, and I was a good corporate worker, good member of the team, but it’s like, you got to invest in yourself.

Like I remember closing, I probably Probably my first three deals I closed, um, during my nine to five, I would either walk out to my car and, and talk with a seller. Probably a lot of times it takes multiple, multiple touch points. And, uh, it’s like, okay, I can work super hard for, for that bonus or my first deal.

I mean, 30, 000 profit. Um, you got to put you and your family first and, um, people like us understand that, but like, there’s a lot of people in the corporate world that, um, don’t have that same mindset. Which is fine. Um,

Ron: Do you have a quitting story? Like what was your quitting? Anything, anything dramatic?

Dylan: No, no, nothing crazy. And really enjoyed my, my time. Um, at that, at my w two and worked with great people. It’s a great culture, really good company. Um, I just knew that I’m not a corporate guy. And, uh, when I’m on my deathbed someday, I want to be able to make an impact and help as many people as possible.

And I’ve started to get into more, Uh, social, social media and posting a little bit more just to inspire people if they, uh, might have an interest in investing or real estate investing, um, in the way that so many people have inspired me.

Ron: Yeah. I think just telling a story like that, like, um, I think Anthony should do it more on social media, like telling a story, like anything like that, being a storyteller with.

And that people follow based on that. People want to follow a story like that’s really cool. Uh, Dylan did this. He was doing this. He was in the same position as me nine months ago. And now he’s here, which is really cool to see. What do you kind of Dylan, what are your thoughts going forward on your land business?

I know you mentioned traction, hiring, all that kinds of kind of stuff. Like what are your Not goals money wise or anything like that in 2024, but what’s the direction of your land business?

Dylan: Yeah, just continuing to educate myself. I feel like every day I’m listening to a different land podcast And and I think ultimately if I want to get to where I want to go It’s gonna be involved with building a team.

So I’m not sure if that’s a lead manager or an acquisition manager I’ve I had a VA for two months. It was okay But I know that I’ll need to utilize a VA going forward just to free up some time Yeah Um, I enjoy pricing. So like, man, I’m starting to get leads from, from cold calls, from direct mail marketing.

It’d be awesome to potentially hire that out and find a sales manager. Um, but also know that ultimately that relies on me, but I mean, you’re a good example of it. Like you’ve built your own business. Like you have Anthony working for you. Um, just trying to think bigger, um, and build towards those goals that I have for 2024 and beyond.

Anthony: One thing I wanted to ask you, Dylan, just with all the progress that you’ve made in terms of, you know, strategy moving forward with your land flipping business, like, uh, people like to emphasize on your quick flips, like buy for 30, sell for 60, 65, which I think are great. Like that’s definitely the lifeline of the business, but where do you see your strategy moving forward?

Are you looking to niche in certain areas? Are you looking to get into subdivisions? Like What’s your mindset now after getting some deals under your belt?

Dylan: Yeah. Yeah. So I think the flips are really the lifeblood of the business, which you guys have talked about. Like, that’s kind of what pays, pays the bills and gives you some runway for, for more marketing.

I think what I found with the land portal, I mean, you can target specific areas, which is awesome and really do a polygon around. Really specific areas. So I would love to target subdivisions and larger acreage ranges. I think that’ll be the goal moving forward. And gosh, if you could get one to four subdivide plays and subdivide deals in a given year, like that’s, what’s really going to propel your business forward.

Whereas the traditional flips. Um, but those are really what, what pays the bills, um, in a lot of ways from a marketing standpoint. So, yeah, I, I haven’t done a minor subdivide yet, but I would love to, um, just from a learning standpoint and then ultimately a profit standpoint too.

Ron: And that’s what you need just thinking here, like from a business perspective, I think like, as you have these ideas and stuff, write them down as far as like, cause just getting that list is a VA play right there.

Like, okay, you teach them how to find, I want this much road frontage, I This is how you do it on the lamp road getting va and just start writing down things vas can do because you should be At the position where you are and invest the money back into your business so you can just okay He has here’s the list of 25 to 100 acre properties They all have subdivide plays based on what my va just did and just start attacking those like those are when It’s so valuable like Those are 200, 300, 000 profit deals.

You have great funding partners, which is amazing. Um, but yeah, as far as like, are there other tasks you see like a VA, what did your VA do, or is it kind of disorganized when you had it at first?

Dylan: Yeah, it was a little bit disorganized and I take extreme ownership of that too. Cause like I was still working my corporate job and, um, I tried to do as many loom videos as I can to, to teach the VA, like kind of what I needed.

And, and she was good. Um, it was more so just like data entry. I think I hired. her with the mindset of like, Oh, with these cold call leads that come in, I can have her follow up. And, um, ultimately I didn’t think that was the right situation. So that’s where it’d be awesome to have a lead manager, sales manager to, to follow up with those leads.

And, uh, but yeah, certainly I, I think a VA is very much in my future and, um, I, at this point have the money to pay for it too, which is nice. And, uh, yeah, from a data entry standpoint, from targeting specific subdivide plays, I think that’s the move going forward.

Ron: Have you listened or read to buy back your time yet from Dan Martell?

I know Brian’s talked about a lot.

Dylan: I have, I think I listened to it before I got into land investing. So I need to re listen to the audio book because now I have a completely different lens around my business and my goals going forward.

Ron: Yeah. We’ve, We haven’t implemented all of it, but like play, he talks about playbooks in terms of different processes that you have written up and all these different things.

Like it is, Dan Martell does a great job in that book and he like lives it, breathes it, what he’s doing. Have you, have you?

Anthony: Yeah. And it resonated a lot, especially with us being young fathers too. It really gives you a new lens on how to look at things and what to actually delegate having playbooks. That way, when you do those things in the future, either you could delegate it, outsource it, or you have all the foundation in place.

Like it’s a great book.

Ron: Yeah. I recommend it. Dylan, what’s kind of your advice for someone looking to. Uh, get into this business as far as whatever, they have 5, 000 cause you had more money to throw at this business, but they have four or five, 6, 000 to get started in this business. What kind of advice would you give someone like that?

Dylan: Yeah, I, I think I was very strategic about pricing mail and picking the counties that, that I did. Um, you guys talk about like the sold versus for sale ratio. What I’ve had success with too, is finding specific, um, Acreage ranges within those counties. So like if 10, say 10 to 20 acres, 10 have sold and there’s one on the market, I really niched down into those specific acreage ranges.

And that’s what I mail. Um, so you can take it on a county wide basis from one acres to 40 acres, or you could really niche down into like 10 to 15 acres, 15 to 20. And that allows you to really understand the market, I think a little bit better. And you may be able to offer a A little bit more from a pricing standpoint, because the market has already proven that there’s demand for say a 20 acre property, but there’s only one on the market.

If you’re able to lock up one of those deals, you’re probably able to list it for a hundred percent of market value, potentially. So that’s, I’ve been very strategic, especially early on when capital was limited. on what counties I picked and then acreage ranges as well. So I would say to someone like follow your education program to a T and, uh, yeah, just be very selective about the counties that you choose.

Ron: Did you have a budget like coming in for marketing where like you were ready to throw this out? And I know you had other money. It sounded like to fund deals. Did you have a budget for money, money for marketing? Sorry that you wanted to not go above.

Dylan: Yeah. Not really. And maybe that’s a bad business owner, but just really like once I had that clarity, I had a sense of belief and confidence in myself that I was going to make it work.

And it was nice locking up, I don’t know, maybe two or three deals within those first three months where I knew eventually I would have money coming in on the disposition side. Um, so once those deals came through, I was like, okay, I can really go after this, this land flipping stuff. It works. And, uh, but yeah, I mean, those first, Three to six months in the land investing business.

Like it can be a lonely thing. You can get discouraged, but like I said, you just got to create an echo chamber, keep listening to podcasts, keep networking with other people who have, who have done it successfully already. And, uh, that helps a ton, uh, especially early on. So I didn’t have a particular number.

Um, I just knew that I wanted to, you know, Pound the marketing trail, uh, the first few months and see what happens.

Ron: Yeah. Sometimes these people come with a budget and then they get nervous as they get close and then they get like cold feet and then they don’t take action. Um, are there any like KPIs that you religiously track or track a little, what, what KPIs are you tracking?

Dylan: I certainly need to do a better job of that. Um, I’m tracking marketing spend. I’m tracking mailers that are sent out. Um, those are two really easy ones, to be honest. Um, I heard it on a podcast for like, KPIs to look for, like gross leads, like the number of leads that come in net leads, which is the number of leads you’re actually following up with.

I think after that, it’s, um, how many offers you’re sending the funnel below that is how many are getting accepted and ultimately how many are closing. So I think, what is that four or five different kind of, um, Funnels, uh, levels of funnels within, um, within your KPIs. I don’t track those as much as I should, but as I really treat this as a business going forward, I know that KPIs are something that I need to do a better job with and, and KPIs can be misleading too.

Like when you’re just getting started in the business, um, which I am. So like you can look at your deal per mailer ratio and maybe get discouraged, but like you have to be very selective early on about the deals that you do go forward with just because capital is so limited. So as I go forward, um, Those are probably the KPIs that I want to track.

Ron: Anthony, are there KPIs that you think like added onto that, that are important in the business?

Anthony: I think one thing, and we were talking about this last night as well too, is trying to figure out like the people who are selling to you the most. Like I, when I did a presentation for the micro tribe is really understanding the, the 80, 20 principle of like 20, maybe 20 percent of the, of landowners are 80% 80 percent of the people who would sell to you.

So I would say maybe that. And then just, um, I would look maybe a little into your cold calling as well too. Cause you do something unique. You do both mailers and cold calling, correct?

Dylan: Correct. Yep. And that’s been good. Cause like the direct mail that leads leads that come in, like I’m all over those calling the sellers back right away.

Whereas a lot of the cold call leads can be, um, people who want. Market value and aren’t willing to budge on price. And it’s nice to have both. Like you kind of have the, the neutral leads that come in and then the very qualified leads from direct mail. Uh, so it’s nice to have both. I think even at dinner last night, Anthony, I think I got like four or five different cold colleagues that checked out this morning before the podcast.

So, um, need to follow up with, with those folks, um, either on my drive back or, uh, Early next week. So, so yeah, it’s, it’s nice. Leads are the lifeblood of a land investing business, whether they’re cold call leads, direct mail leads. So you just got to stay consistent with marketing, which a million people have talked on this podcast before, uh, about before.

So, um, yeah, leads are the lifeblood and, um, it’ll be interesting to see how it looks going forward.

Ron: You track like a. Projected profit or anything like that? Cause you have the thing about this business is there’s a big delay from when you first talk to a seller to when you get the money back on the back end.

Do you track anything like that? I know you have like built in equity, like, okay, this is what I think it’s going to sell for. Do you track that at all?

Dylan: Yeah. Yep. I have a spreadsheet. Um, basically it’s showing like what I have, um, the contract for what I think it’s going to sell for. And uh, To me, that’s the number one KPI, which is like profit in the business.

Um, so yeah, definitely tracking that. But like to your point, I think I first talked with that first deal, um, that seller probably in mid November and didn’t close until late January, early February, probably. Um, so yeah, it just takes time. Um, and that one took a lot of followups as well, but yeah, it takes time to make money in the business.

But once you get your first deal, like you’re off and running

Ron: lead flow, deal flow, everything like that. Well, I really appreciate you hopping on here. I don’t have anything else to add. Do you have any. Questions for us. Anything else to add to the viewers? A lot of people listening, a lot of people are in your shoes or where you were six, seven months ago.

Dylan: Yeah. I mean, yeah, five, six, seven months ago, had no idea what land investing was. It is crazy. And it’s, it’s been a huge blessing and plan on going all in on land investing in 2024 and beyond. And I love it. Um, I’m sure there’s people who have sent out the first few rounds of mail that are maybe getting discouraged.

Maybe they don’t have a deal or the deals that come in are, are junk deals and like, that’s okay. It happens. I would say just, just stick with it. Um, I don’t think the land investing space is, has too many, too much competition by any means. And, um, there’s opportunities that are out there, just, um, network, um, find that clarity that you’re looking for with your life and, um, yeah, just keep pushing.

Ron: Well, I appreciate you coming up down here, Dylan. Um, as always guys, if you guys haven’t already. If you guys are listening on Apple or Spotify, share this with a friend, put it on your Instagram story, put it on your Snapchat story, whatever. It’s going to help someone else. If you guys are listening on YouTube, hit the subscribe button, hit the like button, leave us a comment.

If you have any other guests you think we should bring on other than that, thank you again, Dylan. We’ll see you guys next time.

Dan: As always, thank you for joining. Please do us a huge favor and like and subscribe our YouTube channel and share this with a friend. It really means the world to Ron and I, but more importantly, it could help change the life of someone else.

Thanks for joining.

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