ICYMI: I wanted to re-share this podcast I did a while back with REtipster.com about rezoning. It was such a great time speaking with Seth and Jaren and sharing my approach to forcing appreciation with rezoning and more. Always such an honor to speak with professionals like Seth and Jaren.
Let me know what you think! Check out the full podcast here!
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I recently had the absolute pleasure to be a guest on the "Real Estate Mindset Podcast." Check out the full podcast with Eric Nelson from Wild Oak Capital. Full podcast can be found here. Show notes: This week we get together with Mike Marshall of Tolosa Property Group to discuss land flipping. Mike has considerable experience working with land investors and has learned the value of persistence, patience, and maintaining relationships. In our conversation with Mike, we discuss the most important considerations that come with buying and selling land. We hear about Mike’s work with navigating entitlements for land, learn how entitlements add certainty and why that greatly benefits property value. Tuning in you’ll hear Mike outline his advice for what to avoid in land investment, like why you should always avoid rezoning a property wherever possible, as well as how to avoid city council evaluations. In our mindset section, Mike shares his morning routine and unpacks what he gained from doing a multitude of courses early in his career. You'll also discover the typical timeline for land flipping and gain insight into the wild variations that occur between different states, not just in pricing, but also in potential profits. Tune in today for an exciting look at land flipping and much more!
Key Points From This Episode:
It's been a great first week for our Entitle and Flip Coaching Program. We are working with some amazingly intelligent and driven people that are working on some exciting, forced appreciation opportunities. If you're looking to build your skill base, differentiate yourself from the competition and flat out make more money without touching the property in any way at all, come join your fellow land collogues and see what it's all about. No long-term commitment required.
www.tolosapropertygroup.com/coaching-program When working with investors, I am often asked what kind of home builders an investor should look for to buy their entitled lot. There are a lot of options to consider but I often recommend going with a smaller custom home builder rather than the big names that you're used to seeing. Chances are that the project you're working on is too small for the big guys to consider. See the article in the link below from one of those kind of home builders where they talk about the difference between building on a rural lot versus an infill lot. I'm not advocating for this builder specifically, but these are the type of builders you should be looking for. These are your buyers! Get to know them well.
https://www.turnerandsonhomes.com/blog/2016/02/rural-versus-raw-land With the very recent release of our new Entitle & Flip coaching program, I've had the pleasure of speaking to a lot of you about where you're wanting to take your business. I've heard from many investors that they're ready to up their game, take their business to a new level and our Entitle & Flip strategy can do just that. Maybe you feel like competition in the land investing space is getting tighter, the Entitle & Flip strategy will help distinguish you from others by giving you a skill set that most others just don't possess.
There are a number of ways we can work together to get you going in the direction of entitlements. Check out the graphic below, visit our website, and contact me with any questions about how we can move forward in your investing business together. I am blown away by the response we've received so far with the interest in our coaching program. I am honored to be working with so many of you and can't wait to see where all of this leads for all of us. Happy Friday and happy investing!!! ICYMI: Recently I had the pleasure to sit down and speak with Seth Williams with Retipster.com about all things land entitlements and how you can add a ton of value to a property without every touching it! Check out Seth's podcast here and let me know if you have any questions!
Recently I had the pleasure to write an article about all things land entitlements for my friend Seth Williams at REtipster.com. We were also able to sit down and talk about it. EVERYTHING you'd ever want to know about land entitlements is there. You can check out the article, and video, here.
It's my birthday (thanks to all of you for the kind messages and well wishes) and to celebrate, we've opened up our Entitle and Flip Coaching Program for new members to enroll starting NOW! I have had the pleasure of speaking to a number of people about this program over the past couple of weeks and I really do want to reiterate that my intentions for this group are to get a small group of like-minded individuals together that want to do Entitle and Flip projects. We have a number of members that have joined already, so if you're interested please let me know if you have any questions before joining. Space is very limited.
Check out the details and sign up at tolosapropertygroup.com/coaching-program. Last year I was able to sit down with Adam and Justin on their Casual Friday's REI Podcast to discuss due diligence, especially with infill lots. Always such a great time speaking with them!
Check out the full podcast here! Would you love to do a subdivision project but think they’re too hard? I’m going to let you in on something….not all subdivisions are the same. Some require public hearings, public roadways and the extension of utilities.
And then there are exempt subdivisions. Click on the link below for an example. You’re welcome! https://www.wakegov.com/departments-government/planning-development-inspections/zoning-subdivision/exempt-subdivisions |
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