In this episode, Mason and Dan unravel the various possibilities one can pursue when it comes to land ownership. It’s not just about buying and selling; there are numerous ways to use land.
They will discuss several strategies that they actually use when considering what to do with their land investment.
This episode promises to peel back the layers of the real estate world, revealing how Mason and Dan, and many others in the industry view land not just as a possession, but as a versatile asset with multiple paths of opportunity.
What we learned from Dan and Mason in this episode:
– Multiple exit strategies for buying and selling land
– Different ways, websites, and platforms to list your land
– Highly effective strategies for selling a property yourself
– How to sell a piece of land off-market
– How to sell land via owner financing
– The wholesale and double-close strategy
– The importance of knowing your tolerance risk when implementing an exit strategy
– Why leasing your land out to someone else is also a good strategy
– Building a house on a piece of land as an exit strategy
– How to value add on a property to maximize profit
– How to use the land as a bank
Notable Words From The Episode:
If you’re selling a piece of land off-market, create a document for each individual property that has all of the questions or answers to all of the questions. -Mason McDonald
There’s nothing wrong with wholesaling, ethically speaking nothing wrong with this, it’s a needed niche. -Dan Haberkost
Make sure that the value add is worth the time and that your annualized return is going to match up with it. -Mason McDonald
Connect With Us:
Mason McDonald
LinkedIn: https://www.linkedin.com/in/mason-mcdonald-748110113/ Website: https://www.coachingwithmason.com/
Dan Haberkost
LinkedIn: https://www.linkedin.com/in/dan-haberkost-68b03371/
Website: www.danhaberkost.com
Podcast:
YouTube: https://www.youtube.com/channel/UC9k29EM05guNetre9OufydA
Email: [email protected]
