Podcast: Download (Duration: 48:13 — 14.0MB)
On this episode of the Investor Financing Podcast, Beau interviews Brent Bowers, CEO of Zech Buys Houses LLC and Land Coach at The Land Sharks. Beau and Brent discussed about the tips and strategies regarding land investing.
Timestamps
[00:41] Beau introduces Brent Bowers on the show and talks about his credentials
[02:40] Brent shares how he got into real estate investing
[05:06] How did Brent start into land investing?
[07:26] From $285 that turned into a multi-facet and seller financing
[08:16] Coaching program about land investing strategies
[09:15] Look at what’s selling in the last 30 to 45 days on Zillow or Redfin
[09:20] Pick your market that you want to go into
[09:41] Go where the demands at and finding your playground
[09:55] “It’s easier to sell something (land) that you’ve seen before”
[10:24] The theory behind Brent’s initial success in land investing
[11:53] Selling using a land contract for deed or a land contract
[12:02] Use a foreclosure attorney to write your land contracts
[13:00] The platform to use to collect rent
[13:17] Does the contract for deed need to be recorded?
[13:30] Use easynotetracking.com to track your notes
[13:40] One thing that Brent did not do in the beginning of getting into land investing
[14:17] How do you determine the term?
[14:52] Looking into the power of 30-year amortized mortgages
[16:16] What’s the fastest way to get reoccurring revenue?
[17:28] Click on land selling, clusters and pockets
[17:58] The average price of the most in-demand parcel size
[19:02] The best place to pull data specific to land
[20:03] The Power of Mastermind Groups
[21:20] From W2 job to getting enough reoccurring revenue and become financially free
[22:03] “You really don’t need money if you know what you are doing” – Beau
[23:05] Attract other people, you do not have to do things on your own shoulders
[24:35] The best places to dispo and sell land online
[27:29] The “Land Sharks community”
[29:40] Go to landsharks.com/postcard to get example letters/postcards for free
[30:00] Or go to landsharks.com/lol to get land offer letter
[31:30] The 3X return or the 300 percent rule
[33:27] Opportunities that you can find within the Land Sharks community
[36:00] Going off of a checklist to avoid deal killer
[37:33] Focus on one market to begin
[37:48] How many markets is Brent in?
[41:10] Go to thelandsharks.com to get more information about the coaching program and listen to Wholesaling Inc Podcast to know more about Brent and land investing
[45:53] Will there be more buying opportunities over the next 12 to 24 months?