@@syedreza8722 several options: 1) Google lots for sale. 2) Drive by an empty lot and go to the county recorder to ask for the name of the owner and their mailing address. Then mail them a letter saying you want to buy. Then do that 10,000 times.
So I’m local to you north of Atlanta. Trying to acquire a 5-10 acres of land to build on in Forsyth county. How can I use this strategy to snag one of these deals? Ever thought about mentoring? Keep up the good work and content!
This guy makes it sound like it's so simple and easy etc. Land has many more hidden risks and due diligence to look for. No one even tells you what to look for or avoid when it comes to land.
Exactly it is total self-delusion: he claims, that the buyer pays 500 bucks for 10 years, no risks, no hustle every month. He lives in some other planet. Also the mathematics sucks. How can be 500 bucks pure profit, when you still have to pay 35.000 USD to the original owner - he forgot, how much he has to pay from it, haha. :) I think, he drunk a good coffee before the interview....
Gotta buy where developers are building and know how much a house would sell for there and if it’s a deal for the developer then they’ll buy it from you.
Also, he doesn’t always sell the property right away. His first example was a $40,000 property that he bought for $5,000 and then when he sold it that person put $6,000 down so now he make $1,000 and he’s gonna get $500 a month until the purchase is paid off. Pretty clever
@@nicholassellers6249 Don't you have to be registered to take mortgage payments? I don't think the average person can legally take payments for real estate.
THIS IS #MAGA COUNTRY He talks about how he finances it to his buyers in this video. It’s called “seller financing”. You can also do this with homes. Some buyers may prefer seller financing early on in life if they can’t get a traditional bank loan.
My question is, `how do you comp land' !
What if the buyer builds a house on the land but defaults on your financing?
Awkward. You still own the land 😮
Very helpful Thank you for sharing
Wow!!! Thank u
Where do we get these properties would be my question to start?
They never elaborate on that
@@syedreza8722 several options:
1) Google lots for sale.
2) Drive by an empty lot and go to the county recorder to ask for the name of the owner and their mailing address. Then mail them a letter saying you want to buy. Then do that 10,000 times.
So I’m local to you north of Atlanta. Trying to acquire a 5-10 acres of land to build on in Forsyth county. How can I use this strategy to snag one of these deals? Ever thought about mentoring? Keep up the good work and content!
He certainly thought of it, that's why he's on here promoting it. In some of his other videos he brags that he has 7 figure coaching income.
Backpacker if you had a 7 figure coaching business wouldn’t you brag?
Very cool. Gotta find your niche
interesting.
@KEA, NTS...Revisit this later.
This guy makes it sound like it's so simple and easy etc. Land has many more hidden risks and due diligence to look for. No one even tells you what to look for or avoid when it comes to land.
Exactly it is total self-delusion: he claims, that the buyer pays 500 bucks for 10 years, no risks, no hustle every month. He lives in some other planet. Also the mathematics sucks. How can be 500 bucks pure profit, when you still have to pay 35.000 USD to the original owner - he forgot, how much he has to pay from it, haha. :)
I think, he drunk a good coffee before the interview....
Buy a property in New Jersey with environmental issues and those issues are now your responsibility
The garden state?
🔥🔥🔥
Just another sales pitch!
Takes too long sell property.
Gotta buy where developers are building and know how much a house would sell for there and if it’s a deal for the developer then they’ll buy it from you.
Also, he doesn’t always sell the property right away. His first example was a $40,000 property that he bought for $5,000 and then when he sold it that person put $6,000 down so now he make $1,000 and he’s gonna get $500 a month until the purchase is paid off. Pretty clever
@@nicholassellers6249 Don't you have to be registered to take mortgage payments? I don't think the average person can legally take payments for real estate.
THIS IS #MAGA COUNTRY He talks about how he finances it to his buyers in this video. It’s called “seller financing”. You can also do this with homes. Some buyers may prefer seller financing early on in life if they can’t get a traditional bank loan.
@@nicholassellers6249 exactly, or buy land zoned for residential, create subdivisions, and hire a builder and flip the houses.