Matthew James (@landdevmatt) 's Twitter Profile
Matthew James

@landdevmatt

Husband & Father |
Interests: Land, Finance, Time Freedom

ID: 274315843

calendar_today30-03-2011 03:48:16

795 Tweet

1,1K Takipçi

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Lindsay Stamp (@lindsaystamp3) 's Twitter Profile Photo

We work 8 hours a day to enjoy 5 hours in the evening. We work 5 days a week to enjoy 2 days on the weekend. We work 48 weeks a year to enjoy 4 weeks of PTO. We work 45 years to enjoy 10 years in retirement. Idk about you but I just simply can’t accept that for my life.

Matthew James (@landdevmatt) 's Twitter Profile Photo

Not too similar but a deal i just barely made it out of, just had to cancel a closing on the day of closing yesterday. I was purchasing a 0.6 AC parcel in polk county. One of my favorite counties to do business in. My realtor typically visits the land parcels I buy ahead of time

Matthew James (@landdevmatt) 's Twitter Profile Photo

The blunder of my latest land flip, along with some insight into my business and my lessons learned. Acquired at 50k contract, retail worth is roughly 110k. My bread and butter type of property. Acquired through cold calling (how I acquire 99% of my deals). The property is in

Matthew James (@landdevmatt) 's Twitter Profile Photo

My full time W2 as a land development manager starts with helping developers/ national home builders go from 100s of acres on raw land with permitted plans, to fully developed land with roads, utilities, lot pads, amenity spaces, electrical and low voltage in place, to an issued

Matthew James (@landdevmatt) 's Twitter Profile Photo

Big news on my minor subdivide today! For context, there are typically 3 hurdles to pass (sometimes 2 pending the jurisdiction). The hurdles are different review stages of your preliminary plat (fancy words for your survey showing the lot splits). First hurdle is the staff

Matthew James (@landdevmatt) 's Twitter Profile Photo

People that make a killing in their businesses and post about the amazing profits usually are all in with their time. I've done that and was stressed out of my mind trying to manage the misaligned incentives of having a large nest egg which represents months of life for my family

Matthew James (@landdevmatt) 's Twitter Profile Photo

Update on this land flip: This is why I love FL. When you find your honey holes in high demand areas with good marketing, an offer is never too far away. 3 weeks later and just signed an offer for 100k cash with 3 days DD, 5k EMD, and 2 weeks to close. No builders to sully

Matthew James (@landdevmatt) 's Twitter Profile Photo

Georgia just passed legislation that greatly impacts house and land flippers who market via mail. The envelopes need to read: (A) At the top of and at least two inches apart from any other text on such written inquiry or mailing, the following notice in capital letters: "THIS

Matthew James (@landdevmatt) 's Twitter Profile Photo

This buyer pulled out on closing day because the realized they couldn't afford the lot and lost 5k EMD. Their realtor failed them unfortunately. This parcel of land is becoming the EMD collector.....not how I intended to make money, but at least it's covering my holding costs.

Matthew James (@landdevmatt) 's Twitter Profile Photo

My minor subdivide went to BOCC yesterday. The time changed from evening to the morning without my knowledge so I wasn't able to be present. Two neighbors showed up and said there's a sinkhole on property (its a designated wetland) and the other complained about drainage issues

Matthew James (@landdevmatt) 's Twitter Profile Photo

Want to break away from the W2 to flip land and subdivide? Start by keeping the W2. Ben Gallant and I talk about what it's like operating a land business while balancing family life and W2's.

Matthew James (@landdevmatt) 's Twitter Profile Photo

I quit land flipping. I was profitable with a 25% net profit of revenue. However, the time requirement while balancing a W2 didn't make sense when it was taking up 80% of my excess time for 20% of the profit my total business was making. I solely do minor subdivides now. The

I quit land flipping. I was profitable with a 25% net profit of revenue. However, the time requirement while balancing a W2 didn't make sense when it was taking up 80% of my excess time for 20% of the profit my total business was making. 

I solely do minor subdivides now. The
Matthew James (@landdevmatt) 's Twitter Profile Photo

The third BOCC for this property was this past Tuesday. Finally, it's APPROVED!! First hand experience with navigating issues brought up by a NIMBY neighbor at each BOCC in my tool belt now. 220k purchase now worth 500k+ once I get the plat recorded in the coming week. Minor

Matthew James (@landdevmatt) 's Twitter Profile Photo

Great deal to wrap up our efforts over the last 5 to 6 months. Stay on the lookout for the deep dive from The Land Lawyer. It's worth it for insight on how entitlement deals 10x invested capital.