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Poll Time
What’s a mistake that actually made you a better investor or leader? 1️⃣ Bought a property too fast without due diligence 2️⃣ Trusted the partner on a deal 3️⃣ Didn’t track expenses properly 4️⃣ Waited too long to take action Or maybe there’s another one you’ve learned from that others could relate to. Share it in the comments and let’s learn from each other.
Poll
7 members have voted
0 likes • Nov 8
@Jt Olmstead yes to all of the above for me too, but trusting a realtor was the biggest mistake
🔄 Adapting to Change: What’s Shifting in My Land Business?
Hey Leadership in Land crew 👋 I just recorded a quick off-the-cuff video (inspired while out on a walk this morning) sharing some thoughts on change—both the expected and unexpected kinds that hit us as entrepreneurs. 🎥 Watch the full video here: https://vimeo.com/1100882275/4e813375d6?share=copy 🧠 What’s on My Mind Lately: - One of my key team members in financial planning is transitioning out… right before the Unconference and my Wyoming trip 🥴 - That’s forcing me to rethink priorities and scale back some initiatives I had planned (like hiring a new Facebook poster or lead manager). - At the same time, we’re digging deep into our mailing data—what’s working, what’s not, and how to get more ROI from each cycle. 💥 Major Data Takeaways: 📬 We mailed ~200,000 letters from Jan–Apr. Our target was 1 deal per 5,000 letters…👉 Reality: 1 out of 10,000 😩 Here’s what we uncovered: - Blind offers outperformed neutral and range letters across the board - Neutral letter response rates dropped significantly (as low as 0.15%) - Most appointments came from in-state owners—more than we expected - Owners with no recorded purchase date had a much higher response rate than those who bought in 2020–2022 - Residential vacant land made up 60%+ of successful appointments - Zoning classifications matter more than we used to think—miscellaneous and conservation zones were killing ROI We're adjusting accordingly: - Cutting out 2020–2022 ownership data - Narrowing zoning filters to only top-performing land types - Removing counties and data segments that don’t yield results 🧭 Why This Matters: Mailing is still our bread and butter—but the game has changed.To stay profitable, we can’t just “spray and pray” anymore. We have to be disciplined, data-driven, and open to pivoting—even when it's uncomfortable. 🙋‍♂️ What About You? I’d love to hear how you’re adjusting to changes in the land game:
🔄 Adapting to Change: What’s Shifting in My Land Business?
1 like • Jul 13
Lots of great info above. We are also filtering data as noted above and have a better response rate with blind vs range letters. I agree with Ciaran that a quality AM is a game changer. I've learned this a hard way. And I'm on my fourth one in the last 6 months and I'm now doing a lower base pay and a higher commission and I hope this will help to attract higher quality people. My new guy starts tomorrow so should know soon. At some point I will hire a domestic AM but not there yet.
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Mike Horan
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4points to level up
@mike-horan-4648
Real estate and land investor.

Active 5d ago
Joined Jan 4, 2025
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