About Go West Lands, LLC
Hello there.
Welcome to Go West Lands! We are a family run real estate investment firm based out of San Angel, TX. This little internet operation was dreamed up by Trevor Probandt, but our family has been ranching in the Tom Green County area for five generations! Through droughts and rains, we have seen it all, and even today we believe that land is the best investment on earth! It will never go to zero like a dot com company, or be destroyed by bad tenants, and it can’t be stolen by a hacker. Land is the only true investment that lasts the test of time, the land you buy today will be the land you give to your grandchildren.
“Raw land is the most durable
investment on earth.”
At Go West Lands we strive to make land ownership affordable to all! We understand that banks do not like to lend on raw land, and we believe that our niche of raw land investing is the best model in the world! No other product or service can be sold that guarantees improvement in a new owner’s life.
We say this because: (1) land is a true asset, your car, TV, or even your primary residence is truly an asset (2) raw land is the most durable investment on earth, it was here before you and it will be here after you (3) land ownership builds a family legacy that no other asset can provide, your great great great grand kids can enjoy the same land you buy today from us. That in itself is mighty powerful.
Our only goal is to continue to build on our current reputation of honest dealings and subject matter expertise that was earned over the nearly two past decades in this business. We are easy to deal with, we don’t renegotiate when we agree to a price, and we treat our buyers and sellers the way we want to be treated. At Go West Lands we know that when we treat people right, they will work with you over and over again, this is our goal every day. Thanks for reading and please give us a shout at any time to discuss your land buying or selling needs.
Trevor Probandt
Go West Lands, LLC
E-mail: trevor@gowestlands.com
Our Process at a Glance
01. The Problem
There is very little liquidity in the recreational raw land real estate; and that most of the buyers for these asset types cannot or will not put 25% of the purchase price as a down payment.
02. The Market
The market for this particular asset type is simply massive! For instance, a Zillow search in Custer County, CO returned with 227 parcels, with median price at $35,127.
03. The Opportunity
This vacuum left by the unwillingness of traditional lenders to place equity into this asset type allows us to capitalize on this unbelievably imperfect market in two ways: (1) there is no liquidity in the market and (2) buyers won’t pay less than 60% of the market value.
04. The Solution
We provide the services and liquidity that banks are unwilling to provide, that is: (1) owner financing at high interests & longer term loans and (2) land contract or contract of deed under Go West Lands, LLC.
05. The Competition
There is very little competition concerning parcels with market values in the $20,000 to $100,000 range.
06. Property Due Diligence
We ensure that our investments: (1) have direct access to the property, (2) don’t have flood plain problems and (3) free from legal issues, liens, probate issues, etc.
07. Ownership and Return on Capital
All properties will be a joint venture partnership with Go West Lands, LLC providing all deal flow, marketing, due diligence and loan servicing with fifty percent ownership into each parcel and investors will pay for only costs directly associated with acquiring the properties.
08. Note Servicing and Distributions
All note servicing will be handled by Go West Lands, LLC and we will deal with all payments, taxes, late fees, etc.
Investor Exit Options
With this particular asset class, there are only two real exit strategies. The first and most profitable is to have our buyers pay out over the entire length of the term. This allows total returns to maximized and for the investor to receive passive income for many years. If the investor needs to exit the investment sooner there are two options:
Option 1
They find another investor to purchase their equity position in the property, at their initial purchase price or whatever they can acquire
Option 2
We sell the promissory note to the market, which can only be done after a year of seasoning from the buyers.
