Buying another stock, cyptocurrency or piece of real estate probably won’t get you an additional $416,400 in your pocket over the next 12 Months.
But this dead simple little known asset class could 🧵:
I’m on pace to make over $750,000 in my first year in land flipping:
Here is my process of how I went from someone who knew nothing about land to having the potential to NET over $750,000 in my first year:
Friend of mine makes $185k/year.
He also works a job he hates.
He wants to start his own thing.
But wants to make sure he makes $185k the first year.
What would you tell him?
The KING of Building Wealth in Real Estate: Land Investing
I am projected to make over $2,312,124 this year in my land business.
If I lost my business and all my money.
Here is what I would do in the first 90 days to bring in cash:
There is a handyman in my market that specializes in preventive maintenance for landlords and homeowners. Clears 500K net each year.
Pulled up to one of my APT buildings yesterday in a 2023 corvette and sandals.
Told me he made 30K that morning. It was 10:49 am.
He is going
The simple wealth equation that I’m following to build a $7,000,000mil+ of net worth and over $250,0000 in yearly passive cash flow before I turn 30 years old:
I will not let my kid play video games.
Playing video games is a gateway drug to being antisocial, porn, and not achieving your potential.
Everyone that I know my age who still plays video games is lost, unsuccessful and has no social life.
Cash flow is dead in real estate.
But there is one little known place in real estate where you can still build massive cash flow.
How to get Infinite%+ returns and build portfolio of cash flowing notes without the worry of tenants, toilets and termites:
I’m on pace to make over $750,000 in my first year in land flipping:
Here is my process of how I went from someone who knew nothing about land to having the potential to NET over $750,000 in my first year:
If you aren't married by 30 years old and you are a guy, good luck finding a woman without baggage and with a good head on her shoulders your age.
I'm getting married in one week and I found my wife when I was 18 years old.
I’ve talked with other woman my age and my friends
I’ve spent thousands to create the PERFECT script for the 1st sales call with a seller.
This is the exact script I use in land flipping and we used in house flipping to do over 75 deals in our first year!
You MUST be FOLLOWING.
Comment SALES Below, Like and Retweet this.
Want my Due Diligence Process that we use for every deal?
You must be following!
Comment DILIGENCE below, RETWEET and like this post over the next 24 Hours and I’ll DM you.
A land investor that hadn’t made more than 200K in a year for the past THREE years DMed me a few weeks ago and ASKED how I was having such quick results in my business.
Here is what I told him:.
Want my blind offer direct mail piece that I’m sending to over 10,000 parcels per month?
Comment DM below, retweet this and like this tweet and I’ll send it over!
Last Friday, I had a call with a friend that had over $1,500,000 of land flipping profit closing in the next 90 days.
And he hasn’t sent out more than 1,000 pieces of mail this year.
Here is what we spoke about and how I’m going to implement it:
Land investing is going to blow up like Self Storage, Airbnb and MHP park investing did.
When life gives you a fat pitch, swing as hard as you possibly can. That's exactly what I'm doing.
I predict in 3-4 years, margins will collapse.
The SINGLE most powerful HABIT in land investing is a consistent due diligence process.
F.A.S.T.E.R. is the process I use to VET every deal to make sure it’s worth buying:
Land investors spend too much time on leads that won’t make them any money, which crushes their ability to scale.
Here how to comp a lead in fewer than 90 seconds and teach your VAs to do the same so that you or your team spend more time making money:
You can build a $1,000,000 businesses just targeting these types of little discussed parcels of land...
But they come with their own sets of risks that can stop your business in it's tracks.
Here is a dead simple explanation of a rural infill land flipping business:
Life is sales and I used to be awful.
Here is the framework that I’ve put together and used in every interaction with a seller of land, houses, or apartment buildings to 10X my skills:
Commercial real estate is melting down and people are hemorrhaging cash.
Here is a MEGA THREAD to make sure you don’t lose MONEY on your next land flip:
(Copy this playbook)
How to get started in flipping land, one of the least competitive and most profit real estate niches and make over $250,000 in your first year:
Multiple Exit Strategies:
You can:
• Owner finance land
• Sell it cash
• Ground lease it
• Develop it
• Subdivide it
• Farm it
• Rent it to hunters or fisherman.
No other asset class gives us as much flexibility to exit as land does.
The big profits of land investing are in the niches.
If you are not focusing on at least one, your land business is making less than its' potential.
Here is the dead simple way an investor I know makes over 800K per year filling infill lots.
In 2019, I didn’t know anything about Real Estate.
In 2021, I didn’t know anything about land investing.
In 2024, I’ll do over $2,000,000 in profit in land.
Here are 5 reasons why land investing is the best way to make money in real estate:
Without a broker, my land business would FAIL.
Here is how I find a broker in each new market that I go into:
When I got started in the land flipping business, I resolved to target mid to larger parcels because I did not want to have to do dispositions.
Most people list their land incorrectly when flipping and they blame it on their real estate broker when it doesn’t move quickly.
Below are a few things you can do to improve the likelihood of selling you parcel fast:
What to know exactly how people make 100K+ on a single land flip?
Here is how I’m doing it with a 47 acre parcel in the equestrian capital of the world: 🧵
If you or someone at your business can’t sell, you might as well not start a business.
I studied the top sales trainers in the world to come up the Ultimate Sales script that my sales team uses today to 10X their close:
If you are buying infill lots, a general rule of thumb is that infill lots will sell at 1% of the end sales prices.
A developer that sells a house for 500,000 will most likely buy the lot from you between 40-60K.
Factor this into your underwriting!
My plan to build multiple eight figures of wealth in less 5 years.
Flip/Subdivide land -> Take Profits -> Invest in Personal Private Equity Fund -> Use tax savings of investing in real estate to offset Profits from Land -> Repeat
If you are flipping houses or wholesaling, you are fighting an uphill battle.
When we did 75 deals in our first year, the competition was brutal.
Land investing is a blue ocean and now is the time to get in!
My newest sale hire locked up over $350K+ in profit in his first month and a half at my company.
I’ve been in sales over eight years, scaled a sales team in wholesaling, house flipping and land.
Here are five best practices to build a killer sales team💵:
I get the market price per acre by building a zip code specific comparable list from Zillow and Redfin comparables. I use the chrome extension “Zillow Data to excel.” to easily pull sold comparables from the last 12 months from Zillow.
Our model is buy land primarily from owners who purchased their land years ago and haven't done anything since that inherited it.
These landowners rarely use the land and many live out of state.
In some cases, they haven’t seen in land in decades or ever.
Land investing is going to blow up like Self Storage, Airbnb and MHP park investing did.
When life gives you a fat pitch, swing as hard as you possibly can.
I'm swinging like a banshee.
I predict the next 3-4 years it will still be easy to hit seven figures in the first year.
Mom and Pop era will be dead in 5-10 years.
Every single real estate class is getting flooded with institutional buyers .
You need to get so good you can’t be ignored.
I've found that the pond with less competition is land investing.
Here is why it’s the most under appreciated and least competitive niche in real estate:
You can find this information for free at
From this list, I would create a list of 50 counties.
When you pick the counties, pick counties that you are okay targeting multiple times.
I am sending out on average between 2500-4000 mailers per week. My deal size is between 15-20K and I average getting a deal every 2000-2500 mailers. This is the magic of land investing!
Week 1: Finding the Market.
In every county in every state, there are parts of the market that are better than others.
Even the most dilapidated areas have parts that shine.
I focus on rural land so I would look for counties with lower than a 200 person per square mile.
One of the biggest values that we add as a land expert is our ability to improve the land.
We can subdivide a large parcel into smaller more financially reachable parcels and add 20-50% to the value of our parcel.
The simple wealth equation that I’m following to build a $8,000,000mil+ of net worth and over $250,0000 in yearly passive cash flow before I turn 30 years old:
Many people ask me all the time, “who buys the rural land that you are flipping?”
People that want space, want a place to ride their ATV, or want a get away from the city.
I was surprised by how many people actually want this!
The Devil is in the Details.
In Land, the Devil is in the Deed.
Deed Restrictions can outright destroy your ability to profit on your next deal, here is what you need to know:
If you got through the first step of Due Diligence for land, checking for Wetlands, Slope and other deal killers, you are FAR from the finish line of getting a property under contract.
Here is what to do next:
If 918 sold and there are 409 listed. That’s an strong ratio, over a 200% sell through rate of inventory in one year.
• You want a market that has at least 150% STR.
• This is one of the ways you find markets that are ripe to target.
Build your list to target based on this.
The biggest realization I've made in the last 5 years:
Life is a single player game.
•No one is coming to save you
•Very few people actually care about you
• Your life is all up to you.
Take 100% ownership of your situation & results.
Closing day land flipping doc signing at a neighborhood notary.
Any one have any recommendations for an online notary? It feels like something that I should start doing…
Land is not sheltered from massive competition.
There is no true moat.
There are no high capital requirements to get into the business or a complex sales processes.
There is no large technology requirement to get started and software makes it easier and easier to get in every
Land Tip
#2
:
If you are buying infill lots, a general rule of thumb is that infill lots will sell at 10% of the end sales prices.
A developer that sells a house for 500,000 will most likely buy the lot from you between 40-60K. Factor this into your underwriting!
Land is recession-resistant.
Farmland is historically a recession-resistant asset.
Rural recreational land in the right markets sells even when the market is down.
Land is boring and steady.
Research the market.
Go to Pryced and use their research tool to find parcels on market ratios less than .08.
I would add the filter of over .5 sold to for sale ratios.
I would make sure these counties had over 8000 records.
This would narrow my focus down even more.
Land Tip
#2
:
If you are buying infill lots, a general rule of thumb is that infill lots will sell at 10% of the end sales prices.
A developer that sells a house for 500,000 will most likely buy the lot from you between 40-60K. Factor this into your underwriting!
Step 1: Generate the Cash: This could be a boring contractor business, buying laundromats, flipping houses or anything that could generate a lot of cash. For me, I use land flipping to do this.
The biggest realization I've made in the last 5 years:
Life is a single player game and no one is coming to save you.
It’s all up to you.
Take 100% ownership of your situation & results
The big money in Land Investing are in the niches; subdividing, infill lots, entitlements, etc.
If you are not focusing on at least one, your land business is suffering :
Met with another entrepreneur today.
Just being around another person that struggles with the same things, thinks in the same way and has big goals and big dreams is inspiring.
Environment is everything.
A handful of things I'm excited to do more of:
• Flip more land
• Roll it into cash flowing real estate
• Allow my cashflow to pay for great experiences with friends, help retire my parents and build a beautiful life.
• Repeat
These “mom and pops” have little to no connection to the dirt and could care less if they hold on to it or not.
Provided we have transparent and professional sales process and offer them a fair price, we will buy their land at a margin that we can make great profit.
There are thousands of things that you can to do to make over $1,122,240 a year in land.
99% of these things can be ignored.
Save yourself the headache and focus on this one thing: 🧵
I chose these markets because of they displayed little seasonality; snow wasn’t everything and business did not slow in the winter.
I target larger than 2 acre tracts and used Pryced, an online research and data tool, to pull my data to mail.
Entrepreneurship is lonely.
People will question your decisions; not going out, not drinking, not getting together with your friends, not spending money on certain things, or why you are always talking about your business.
Sacrifice is needed, particularly in the beginning.
I learned about land investment a few years ago when I was on the verge of bankruptcy.
I needed to make money, fast.
• My wife lost her job.
• My rental properties weren’t cash flowing.
• We had to pay for our wedding and honeymoon.
All in less than 8 months.
Ever pay an extra $5, $10 or $50 to speed up your Uber eats delivery by 20 minutes because you are so hungry?
People value convenience and speed.
Land can sit for hundreds of days or years.
We provide our sellers with a hassle free quick sale.
I looked into an internet business and insurance but neither of these lit my fire.
I continued to look for something that was valuable and interesting to me.
I found land flipping on the RETIPSTER podcast and dove headfirst into it, learning everything that I could.
The land business isn’t a me business, it’s a we business.
You need these three professionals in any market wherein you invest in land:
• Land specialized broker
• Investor Friendly Attorney
• Surveyor
• Bonus: Soil Consultant for perc tests
Without a team of pros, you are
We can rezone a parcel.
By changing the zoning, we take a parcel with no value to one that we can put 200 homesites on it. Or Self Storage. Or whatever we want.
My plan to build multiple eight figures of wealth in less 5 years.
Flip/Subdivide land -> Take Profits -> Invest in Personal Private Equity Fund -> Use tax savings of investing in real estate to offset Profits from Land -> Repeat
If you become a local expert, you can find these inefficiencies like a miner looking for gold.
And when you find them, the payday could be an extra $25K, $50K or $250K.
Talked to a seller today that said my cold caller (intern sales guy) was horrible.
He said it represented me more than it represented my sales guy.
I agreed.
Every employee that you have is a representation of you as a leader not them as your employee.
Hire and train