10 Reasons Why Land Investing Is The Best Passive Income Model
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3 سال پیش
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Discover why land investing is
Discover why land investing is the BEST passive income model from Mark Podolsky AKA The Land Geek. If you're looking for a way to increase your passive income, check out this often overlooked and misunderstood way to make money in real estate.
00:00 Introduction
00:46 Huge Market
01:38 No Big Money Players
01:55 Cheap to Get Started
03:52 Little Competition
04:45 Create Cash Flow With Owner Financing
07:14 Land Investing Scales
08:32 Leverage Your Time
08:45 No Headaches
10:50 No Common Real Estate Legislation
11:00 It's The Best Passive Income Model
Learn more at https://www.thelandgeek.com/
There are countless ways to generate passive income, Amazon FBA, blogging, Airbnbs, rental properties—you name it!
But each of these methods is riddled with its own headaches.
Land investing is different.
In fact, I’m convinced that land investing is the best passive income model.
It’s simple, low risk, headache-free, and easy to get started.
I’ve been a professional land investor for 20 years and owner of Frontier Properties. Since 2001, I have completed over 5,500 land deals with an average ROI of over 300% on cash flips, and over 1,000% on the deals with financing terms.
I’m also the author of Dirt Rich, the ultimate guide to help you build passive income through land investing.
So let’s get into exactly why land investing is the best passive income model out there.
1. Huge Market
The land market is massive.There are 3007 US counties and billions of land available. What’s even better is that you are not confined to work in your local area!
All you need is a laptop and an internet connection, so you can run your business from anywhere and work in any county across the US. The market is so big that we’ll all run out of money before we run out of land.
2. No Big Money Players
Big money like private equity groups, hedge funds, etc. all avoid our niche because they have too much money to invest.
Our average deal is $2500. So you won’t see any big money players in our niche.
3. Cheap To Get Started
Because our average deal is $2500, you do not need a lot of money to get started. I started with $3000. Some of my clients started with as little as $500 to do their first deal.
Let’s look at some deals done by members of our community so you can see just how little money you need to invest up front to see some big returns!
4. Little Competition
You won’t see me on HGTV or the DIY Network on “Flip This Land.” The before picture is raw land, the after picture is raw land. It makes for boring TV.
Plus, if you real estate association meeting or a real estate meetup, 99% of the people there will be house flippers or wholesalers, you and I would be the only land investors there.
5. Generates Cash Flow
If you’re looking to generate passive income, then you should offer owner financing.
In this case, the buyer will make a modest down payment (which often covers the price you paid for the property) and then pay you small monthly installments until the property is paid in full.
The game we play is to do enough of these terms deals where we cover all of our fixed expenses.
And you don’t have to worry about defaults!
We don’t have to worry about evicting anyone or going through an attorney to remove a lien or a deed. We simply resell the land, and this time around, our cost basis is even lower than before.
6. Land Investing Scales
You do not have to be like the housing people, an expert in your local market.
Most often, they’re confined to one or two metropolitan areas. Meaning they are susceptible to market dips, increased competition, and are inherently limited on the numbers of deals they can do.
All you need is an inexpensive laptop and an internet connection to get going, and then you can start doing deals anywhere in the United States.
Once you’ve got a great handle on the market in one area you can expand your business to another. This is great protection from any type of market dips or increased competition.
7. Leverage Your Time
The land business is extremely repetitive, and that’s a good thing.
Why? It means that you can automate a majority of tasks with tools like Zapier or Processmodo.
And for the tasks that can’t be automated, you can outsource them to inexpensive virtual assistants.
In fact, I only put in about an hour of work on my land business each week.
8. No Headaches
Land investing is simple.
No Renters
No Renovations
No Rodents
There’s just no such thing as a land emergency.
9. No Common Real Estate Legislation
Since we are not dealing with tenants, we are exempt from common onerous real estate legislation like Dodd-Frank, RESPA or the Safe Act.
10. It’s the Best Passive Income Model
It’s a one time sale. You get recurring income every month.
There is nothing to maintain. There is nothing to protect. There are no headaches.
Land investing is different.
Land is simple.
Learn more at thttps://www.thelandgeek.com/
00:00 Introduction
00:46 Huge Market
01:38 No Big Money Players
01:55 Cheap to Get Started
03:52 Little Competition
04:45 Create Cash Flow With Owner Financing
07:14 Land Investing Scales
08:32 Leverage Your Time
08:45 No Headaches
10:50 No Common Real Estate Legislation
11:00 It's The Best Passive Income Model
Learn more at https://www.thelandgeek.com/
There are countless ways to generate passive income, Amazon FBA, blogging, Airbnbs, rental properties—you name it!
But each of these methods is riddled with its own headaches.
Land investing is different.
In fact, I’m convinced that land investing is the best passive income model.
It’s simple, low risk, headache-free, and easy to get started.
I’ve been a professional land investor for 20 years and owner of Frontier Properties. Since 2001, I have completed over 5,500 land deals with an average ROI of over 300% on cash flips, and over 1,000% on the deals with financing terms.
I’m also the author of Dirt Rich, the ultimate guide to help you build passive income through land investing.
So let’s get into exactly why land investing is the best passive income model out there.
1. Huge Market
The land market is massive.There are 3007 US counties and billions of land available. What’s even better is that you are not confined to work in your local area!
All you need is a laptop and an internet connection, so you can run your business from anywhere and work in any county across the US. The market is so big that we’ll all run out of money before we run out of land.
2. No Big Money Players
Big money like private equity groups, hedge funds, etc. all avoid our niche because they have too much money to invest.
Our average deal is $2500. So you won’t see any big money players in our niche.
3. Cheap To Get Started
Because our average deal is $2500, you do not need a lot of money to get started. I started with $3000. Some of my clients started with as little as $500 to do their first deal.
Let’s look at some deals done by members of our community so you can see just how little money you need to invest up front to see some big returns!
4. Little Competition
You won’t see me on HGTV or the DIY Network on “Flip This Land.” The before picture is raw land, the after picture is raw land. It makes for boring TV.
Plus, if you real estate association meeting or a real estate meetup, 99% of the people there will be house flippers or wholesalers, you and I would be the only land investors there.
5. Generates Cash Flow
If you’re looking to generate passive income, then you should offer owner financing.
In this case, the buyer will make a modest down payment (which often covers the price you paid for the property) and then pay you small monthly installments until the property is paid in full.
The game we play is to do enough of these terms deals where we cover all of our fixed expenses.
And you don’t have to worry about defaults!
We don’t have to worry about evicting anyone or going through an attorney to remove a lien or a deed. We simply resell the land, and this time around, our cost basis is even lower than before.
6. Land Investing Scales
You do not have to be like the housing people, an expert in your local market.
Most often, they’re confined to one or two metropolitan areas. Meaning they are susceptible to market dips, increased competition, and are inherently limited on the numbers of deals they can do.
All you need is an inexpensive laptop and an internet connection to get going, and then you can start doing deals anywhere in the United States.
Once you’ve got a great handle on the market in one area you can expand your business to another. This is great protection from any type of market dips or increased competition.
7. Leverage Your Time
The land business is extremely repetitive, and that’s a good thing.
Why? It means that you can automate a majority of tasks with tools like Zapier or Processmodo.
And for the tasks that can’t be automated, you can outsource them to inexpensive virtual assistants.
In fact, I only put in about an hour of work on my land business each week.
8. No Headaches
Land investing is simple.
No Renters
No Renovations
No Rodents
There’s just no such thing as a land emergency.
9. No Common Real Estate Legislation
Since we are not dealing with tenants, we are exempt from common onerous real estate legislation like Dodd-Frank, RESPA or the Safe Act.
10. It’s the Best Passive Income Model
It’s a one time sale. You get recurring income every month.
There is nothing to maintain. There is nothing to protect. There are no headaches.
Land investing is different.
Land is simple.
Learn more at thttps://www.thelandgeek.com/
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