How Mark Shores turned a discounted land deal into a $380K assignment by finding the right buyer and controlling the deal.
Mark Shores breaks down how he locked up a 40-acre land deal for $200K and flipped it to a builder for $585K, creating a $380K assignment fee. He shares how he found the deal on Zillow, negotiated the price down, and used DealMachine to connect with serious builders ready to buy. You’ll also hear how he vets buyers, structures deals, and approaches conversations to consistently find opportunities.
KEY TALKING POINTS:
0:00 - Intro
0:32 - Mark Shores’ Business
0:58 - His Massive Land Deal
3:06 - Why He Was Looking For A Land Deal
3:43 - Determining The Price
5:21 - Using DealMachine To Find Builders
6:43 - Being An Agent As A Wholesaler
8:12 - Surplus Overages
10:16 - What He Did Before He Was An Agent
10:56 - His Outreach
12:01 - Advice For Newbies
13:06 - Outro
LINKS:
Instagram: Mark Shores
https://www.instagram.com/mark_realestate_1/
Facebook: Mark Shores
https://www.facebook.com/housesbymark/
Instagram: David Lecko
https://www.instagram.com/dlecko
Website: DealMachine
https://www.dealmachine.com/pod
Instagram: Ryan Haywood
https://www.instagram.com/heritage_home_investments
Website: Heritage Home Investments
https://www.heritagehomeinvestments.com/