We Just Closed the Biggest Payday of Our Year on One JV Deal

Wanted to share something from our team at Landman.io, because it captures exactly why we love this business. In mid June we closed on a buy for $712,000, sell for $1.6 million 270 acre parcel in Grady County, Oklahoma, as a JV partner. We split it into 11 individual lots so more buyers could find the fit that worked for them, everything from smaller acreage tracts to a lot with its own pond. Within the first two weeks, our first two lots sold, both at full asking price Along the way we also ran into a real issue, an old mineral operator had left some soil staining and berm erosion on part of the property. Instead of cutting corners, our broker on the ground handled it the right way: repairs, remediation, documentation, all of it, because the people buying this land deserve a clean start. Now a few more lots are actively closing, and we are in conversation with a group interested in the remaining acreage for a larger project. None of this happens without the right people around the deal. It is a good reminder of what is possible when a JV is built on trust, clear communication, and doing things properly even when nobody is watching. If you are working through a subdivision play of your own, or thinking about your first JV, happy to talk through what we learned on this one. Always glad to connect with others building in this space.

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We Just Closed the Biggest Payday of Our Year on One JV Deal