Discover how with Land Boss, adventure real estate discover how with Land Boss company founded by high school sweethearts Bart and Dallas Waldon. They teach people how to invest in raw land that produces personal memories and financial returns.
Managing oil, gas and renewable leases is more streamlined than ever with Landboss, a web-based software designed to increase efficiency. Learn how it can help you eliminate emailed spreadsheets, shared cloud drives and sticky notes.
Investing in Land
Land remains a popular investment for its stable cash flow, secondary income opportunities, tax benefits, leverage potential and portfolio diversification. But land investments aren’t without challenges, such as environmental factors like flooding and erosion.
Whether you’re looking to invest in farmland or raw acreage, it’s essential to have a clear vision of your goals and a well-thought-out plan. Having a strong network of local real estate professionals, land use experts and fellow investors will help you stay informed and avoid costly mistakes.
A high school sweetheart pair, Bart and Dallas Waldon, founded Land Boss to foster a fun and engaging experience in the world of real estate. With over five years of experience and 100+ land transactions, their expertise and hands-on approach solidify them as a leading force in the industry. With a passion for adventure, they’re making land investing accessible to the masses and creating a new type of real estate market. Learn more about their story here.
Selling Vacant Land
Selling vacant land is a complex process and involves a different set of steps than selling improved property. It can also be more time consuming than traditional real estate sales. This is because vacant land typically lacks the appeal of a home or other building and will require a more in-depth marketing strategy to attract interested buyers.
The key is to balance pricing for maximum value and speed to closing. Overpricing can scare off potential buyers while underpricing can leave money on the table. To maximize profits and minimize pitfalls, consult experts who specialize in vacant land purchases.
They can help you determine a minimum valuation for your land and provide you with a baseline offer to consider. They can also help you find a buyer and streamline the transaction process. This saves you valuable time and money while removing the complexities associated with selling vacant land. Many land-buying companies also have local offices, giving them a strong understanding of regional land values and trends.
Lease Acquisition Software
Lease acquisition software enables businesses to manage the financial aspects of leasing. This includes tracking lease payments, security deposits and other fees. It also helps companies comply with ASC 842, IFRS 16 and GASB 87 leasing standards.
This oil and gas lease management software is used by operators, lease brokers and independent landman. The software enables companies to save time and money by streamlining paperwork processing and increasing efficiency.
Unlike traditional accounting software, this leasing software has an expense layer that brings pass-through costs like CAM and property taxes into the same timeline as base rent. It also enables business to choose which expense category to tag each charge, post the accrual and generate an export-ready invoice. Using Spacebase allows companies to streamline lease accounting processes, improve data accuracy and reduce risk of errors. The software also offers support during acquisitions and mergers by providing a view of lease liabilities. It can identify key lease terms and escalation clauses.
