Ep 455: Why Land Is The Best Real Estate Class

Episode discusses main roads to subdivide into smaller lots, probably around 1 acre each, and sell them individually. This allows us to increase the overall value of the property because smaller lots tend to sell for higher prices per acre than larger ones. Subdividing is a common strategy in the land market to maximize profits and create more appealing parcels for potential buyers. Overall, the land market offers various opportunities for arbitrage, whether through buying low and selling high, optimizing financing terms, or subdividing properties to increase their value. These strategies can be lucrative for investors in the land space. 0:13 - Dan talks about starting his journey in land and how he fell into it after pivoting from a trucking business and failing in the housing market. 1:06 - Dan discusses his involvement with land, land marketing, and land education, as well as his work in software, agency, and consultations. 2:34 - Dan mentions the upcoming third anniversary of Hive Mind, the CRM he developed. 3:25 - The host introduces Dan's partner, Alex, and Dan talks about his background and experience in land investment. 5:42 - Dan shares his initial experience in land investment and how he made his first deal using creative financing. 10:36 - Dan explains the challenges he faced when starting in land investment and the difficulty of securing capital for land deals. 12:57 - The host asks about the appeal of land investments compared to other types of real estate investments. 15:28 - Dan discusses the advantages of creative financing in land investments and how it allows investors to work directly with sellers without involving traditional banks. 18:06 - Dan talks about his preferred method of acquiring land deals, mentioning the MLS (Multiple Listing Service) and finding properties that have been on the market for six months or more. 21:45 - Dan explains his criteria for evaluating land deals, such as road frontage and the property's potential for arbitrage. 23:10 - Dan discusses his CRM, Hive Mind, and what sets it apart from other CRM solutions in the market. 24:36 - Dan talks about the importance of focusing on quality clients rather than quantity and the challenges of dealing with clients seeking cheaper services. 27:35 - The host asks Dan to explain the concept of arbitrage in land investment. 29:36 - Dan breaks down the concept of subdividing land, where larger parcels are divided into smaller lots to increase their overall value. www.nytfire.com

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