@ajplus
Things donโt change, the same strategies that worked back then still work today and will continue to work into the future.
Once you learn things, it canโt be unlearned, only perfected.
Strategy: subdivide
44 acres San Antonio area
Purchase Price: $440,000
Paid Wholesaler: $100,000
$540,000 all in
(4) 11 acre lots
Lot 1: $350,000
Lot 2: $197,000
Lot 3: $259,000
Lot 4: $150,000
@hemeon
I have heard podcast charging up to $25k.
I have heard guest charging up to $50k.
I have never charged anyone or paid anyone to appear.
I have 450+ episodes.
For real estate investors- $1mm goal
Average wholesale- $10k, 100 deals
Flipping houses- $40k to $80k, 25 to 12 flips
Medium land- $50k to $100k, 20 to 10 deals
Big land- $100k, 10 or less
Bigger land- $500k, 2 deals or less
Choose your flow!
@heIpfullandlord
We contracted a $35k vacant land lot for $8k.
We sold it for $8k down, $500/ month for 5 years. โพ๏ธ return
*This is not financial advice*
Donโt @ me
@CJ_Johnson17th
First millionaire I met,
30 years experience real estate developer, told me โit easier to work your mind than your body. When you get rich, you can afford to hire good talent with degrees.โ
He ownes land grocery stores sit on. Received $50,000 checks every month per store.
@bredpodcast
Has to be in the right location.
Management is key, since it is cash business mostly.
New technology is out there for card readers but will have to be upgraded.
@TripleNetInvest
Land
Find a parcel worth $100k, buy it cash for $52k.
Sell on mls for $100k with $10k down, $877 a month for 30 years, 10% interest.
All in $42k:
make 25% ROI for 360 months.
Add a 0 or take away a 0 dependedng where you are in life.
Easy money.
๐จmillion dollar week for the hivemind, land only๐จ
Big HUDโs on big land
This week has been a long time coming.
Letโs do some more deals!
I was a truck driver 5 years ago
Free and paid stuff ๐๐ฝ
Buying $2 million of land.
Looking for $500k in 3 weeks from 1 or 2 people.
We are bringing $500k and we have $1 million seller financed.
Property is worth $3 million+.
Any takers?
Strategy: subdivide
44 acres San Antonio area
Purchase Price: $440,000
Paid Wholesaler: $100,000
$540,000 all in
(4) 11 acre lots
Lot 1: $350,000
Lot 2: $197,000
Lot 3: $259,000
Lot 4: $150,000
Stimulus checks all last year.
Inflation this year.
And most people don't understand economics so they will never understand the correlation and connection.
Nothing is free.
@realtoddbillion
Here is why it is a deal:
1.All units are rented
2.Great Cap rate
3.Gets instant cashflow 1st month ($8800)
4.There may may be repairs, but all units are rented now.
5.Any repairs needed are easily covered because of the cap rate.
6.Does all necessary repairs( 10 cap, $600k+)
Bought a lil 67 acre deal today. Sold a little at the closing table for giggles.๐ฆพ๐ฎโ๐จ๐ฉถ Learn to do STUPID numbers on EVERY. SINGLE. DEAL. $537,000 purchase price. Paying $115,000 assignment fee!๐ซจ๐ฐ Who wants some??๐๐ฝ
#hivewithus
Turned 32 today.
The one thing I learned in my investing career that changed my life is investing in land, that is it.
Donโt need 30+ reasons.
Have a great day!
How to cashflow land๐๐ฝ
1. Value add then wrap
(Buy for $1m, SF for $2m)
2. Wrap debt
(Buy for $100k, 0% interest. Sell for $100k at 12%)
3. Infinite returns
(Buy for $50k, sell it for more with $50k down)
@heIpfullandlord
We contracted a $35k vacant land lot for $8k.
We sold it for $8k down, $500/ month for 5 years. โพ๏ธ return
*This is not financial advice*
Donโt @ me