How I Made $31,500 on a Vacant Land Deal Without Spending a Dime! » 1324
Real Estate Investing Mastery Podcast - A podcast by Joe McCall
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Here, I'm going to show you how we made $31,406 on a vacant land deal that we didn’t even own. We didn't buy it and we didn't use any of our own money. We did a simple assignment and I'm going to walk through all the details of how we did this deal from beginning to end. This was the biggest profit I’ve ever made on a vacant land deal. It’s not typical for everyone but it is possible, and I’ll show you exactly how I did it, step by step.To get into the right position, we made a ton of offers. If you take away anything from this episode, it’s that making offers is the key to making money in this business. We also get a ton of leads because we do a ton of marketing. The principles I’ll share with you here are the same for a $300 deal and a $31,000 one. Remember, the real estate business is a marketing business. Get leads, talk to a lot of sellers, and make those offers. What’s Inside:—How I made over $30K in profit in a land deal that we didn’t own—My step-by-step process for vacant land deals—Why marketing is the key to success in real estate