Overlooked Land Investing Strategies That Can Make You Millions

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In this episode, Daniel and Ron Apke dive into unconventional land investing strategies that are often overlooked but can yield substantial returns. They explore unique techniques like flipping desert squares, executing double-closing deals, and tapping into entitlement opportunities—methods that go beyond the typical land flipping strategies they usually discuss.

The Apke Brothers emphasize the value of thinking outside the box in land investing, revealing hidden gems that can lead to big paydays for those willing to explore new avenues. They break down the nuances of each approach, sharing insights on how to spot these opportunities and the steps to capitalize on them.

This episode is a must-watch for investors looking to gain a competitive edge, as it highlights alternative methods to boost profits and scale a land investing business. Whether you’re new to land investing or a seasoned pro, these off-the-radar strategies offer a fresh perspective on maximizing returns in the land market.

Watch or listen to the full episode below! ⬇️

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Dan: Hey everybody. Welcome back to the real estate investing podcast. Today’s topic we’re talking about the land investing opportunities that we don’t talk about here at land investing online. I’m your host Daniel Apke joined again by my brother and business partner, Ron Apke. And Ron, when I say the land investing opportunities we don’t talk about, it’s really just other land investing is such a broad world.

And we bring different topics in and we have different people and talk about different opportunities in land investing all the time and it pivots and things change. But these that we’re talking about today are just things we, we, we’re not focused on.

Ron: Yeah. And we’re constantly adding things to our tool belt, adding things to our members to about everything like that.

And maybe this is something, one of these things, like a member or someone comes in and like, We, we get really into one of these avenues, so that’s why I’m excited to talk about these things because there is a, there are a lot of ways to make money in land, obviously, outside of what we teach, um, we love what we teach, obviously, but, uh, there are a ton of things outside of it also that people are making a ton of money on.

Dan: Yeah, exactly, and the ones we talk about, and we’re going to take these and kind of compare them to what we talk about, and the ones we talk about are just buying and flipping. It’s the number one. Subdivides. Survey hacking. Uh, am I missing anything? No. A little bit of seller finance and we touch on here and there.

Double closing. Oh, double closing is the biggest one. Yeah. Outside of flipping. Yeah. Double closing is huge. If you guys aren’t doing double closing the way we teach it, do it. There’s Marcus G in the group the other day. Uh, had a landlocked property through was throwing out. And I guess we pushed him to look to the, for the double closing made 20, 000 from a lead that he was going to throw out.

Ron: Buy for 70, sell for 90, I believe. So it wasn’t like a, it wasn’t like a buy for 20, sell for 40. It was a buy for 70, sell for 90. He didn’t have any money out of his pocket. Yeah.

Dan: Wow. I love that. But, um, that’s one of the examples of what we talked about. Double closing, flipping survey, hacking, subdividing, et cetera.

You guys are, if you guys are here, a lot of you have listened to us. If not, um, Welcome in and today we’re going to talk about the non traditional ones we don’t talk about and I want to hop right into it. Uh, one we really never talk about Ron, where I know, I know people who have made millions and millions of dollars there is desert squares.

Ron: Yeah, um, and desert squares for everyone. Essentially, like we’re, we’re in Cincinnati, Ohio. Um, the east side of the country is split up differently. Desert squares are essentially squares of parcels in the desert. They can be small parcels. They can be big. But if you look on a map, look on a parcel map, you go out to rural Arizona.

It just, New Mexico, all these, they’re bigger parcels. They can be smaller. They can be 10 acres, whatever. Um, but they’re cheap, cheap land, 10 acres for 8, 000.

Dan: And they’re perfect squares a lot of times. There’s no, like when you come to the East coast, you have a lot of zigzags and different things going on in the East coast, but the desert squares are literally straight circles.

Ron: If you want to know what we’re talking about, go to Zillow right now, go to for sale, uh, go over to New Mexico and just look at, uh, what’s for sale out there. Uh, if you change your filter to land, you’ll see a bunch of squares. It’s pretty much all it is. And there’s nothing. It’s, it is dirt. Like it’s, it’s just brown dirt.

And from what I’ve heard, and we do have some members who are, who came from this strategy and still do some of this strategy. Marco is one that, uh, I think of who, uh, came from desert squares. He does a lot in Arizona. And we can, we continue to push them that way too. Yeah. And then he started doing, he’s doing a combination of that and, uh, what we traditionally teach because he’s got a skillset in that.

That’s what he does. He’s out there. He understands the markets. So there’s a ton of value in that desert squares are cheap. Desert squares are easier to acquire typically and hard to sell. It’s yeah, there’s a lot of, cause there’s a lot of inventory

Dan: It’s yeah, there’s a lot of, cause there’a alot of inventory on the market and there’s not as much demand, but you can make really good money and you can get desert squares that are in good areas with the high demand also.

But in general, it does take longer to sell. Um, that’s why things like seller financing go hand in hand with desert squares. A lot. You see like the buy for one 99 a month, nothing down. Like desert for desert squares and then the people buy it and a lot of times they default and you rinse and repeat. But in general, desert squares is very, very similar to our strategy, just with a different type of land.

And like you can come in our program and learn everything you have and just send that marketing out to. Desert squares and you’ll get the essentially the same type of results. I think.

Ron: The one thing that could be different with depending on prices, you might have to close the property yourself. You might not be able to have margin.

Oh, you’re talking about the cheap, cheap ones. Yeah. I mean, if we’re talking about like, there’s people who buy for 800 sell for 2000.

Dan: Yeah, yeah, yeah. That’s, that’s a good point. I was thinking then a nice expensive. No, I’m not 30, but I was thinking about that. Okay. So does, yeah. Desert squares. I’m going to reshift my mind a little bit for that desert squares.

Or a lot of them are 1, 500 for like four acres or something or two acres or five acres is 3, 000. It’s insane. And then you go and you flip it and you sell it for 6, 000. You make 3, 000 a profit without any fees or anything. And then you have the title work. You have no room for title. If we’re talking about that type of desert square properties, I’m out.

Don’t don’t do that. That’s the one on this list that I’m like, don’t do that one. But you can go and do desert squares. You know 20 000 like marco. He’s not buying and flipping three for six. He’s like eight

Ron: He’s like eight for 15 . I don’t know

Dan: I didn’t know it was that cheap I thought I thought he had some he had like a 40 50 000 Dollar property.

Ron: Yeah, I mean as you get closer to phoenix as you get closer to areas where people actually are Like the really cheap ones are out there.

Dan: Well, you got there is too. He’s in, I think he does his in Nevada .

Ron: No, he does in arizona, you know, it’s the arizona zip codes.

Dan: Oh, we were looking at Nevada is what it was Yeah, because he was out there.

Okay

Ron: But yeah, I mean desert squares are what they are. They’re desert squares. There’s expensive ones. There’s cheap ones I bet the average desert square deal is probably like buy for two sell for four or five. Yeah We’ll look

Dan: Yeah. We’ll look on a map. You’re in the middle of a desert with nothing going on You’re talking seven hundred dollars an acre Like for two acres like sometimes it’s crazy.

Ron: Yeah It’s cheap. And like Dan said, if you’re in that, the cheap strategy, as far as the buy for two, sell for four, like it’s a lot of work for not a lot of money. Could you do more deals? Absolutely. Can you make money in it? For sure. But it’s, it’s a, it’s a grind. Yeah.

Dan: And you can go and get fit 40. There are 20 and 40 acre parcels.

So maybe you get a 20 acre parcel for 14 grand or something. And so for 25, like there’s still those opportunities to that are more expensive with you up the acreage. Yeah. You can get a lot of land out there for really cheap. Yeah, and do nothing with it. Yeah, I don’t know. Actually, I saw someone, um, Nick Geppert from Cincinnati.

He’s an Olympic freestyle skier. I used to go to camp with him. But he bought a desert square out in, uh, Nevada maybe or somewhere out there like desert desert and what he did He just built a hole and this is what people do. It’s for recreational land obviously they don’t do this thing but people will buy it and just like Put their little rv trailer and go on weekends or just go and create a fire and the restrictions There’s no restrictions.

You’re out there. So it’s just a spot to get away. But what he did it was really cool He bought this desert square. I was like, why would he buy this? And then next thing, you know, I see a bunch of equipment coming in. He built a big ramp going down into a, cause he’s a professional skier, big ramp going down into a, a massive ramp.

And then there’s a big inflatable floaty. He does his three backflips and lands on the inflatable with skates on or skis. There you go. So that’s just one, but that’s what people, that’s an example of like, that’s why people buy it to just do whatever with it. Uh, you know, hunt. Whatever to camp out RV. Some people just buy it for the sake of having land.

Whatever. What are you hunting? What are you hunting on desert squares? I have no idea. Rattlesnakes? No, probably rabbits and Coyotes. I don’t know what’s out there. I have no idea. What’s next. Uh, so next we got seller financing and this is one we talk more about. Um, it’s a strategy we haven’t focused on because the market’s been so good, but as markets start to shift, you may see us focus on it more and more.

I personally like the cash, um, uh, flipping and putting it in. But you talk about building notes. I’m not against the strategy at all. You build a bunch of notes. And have a bunch of seller financing deals, Ron, and you build up a pipeline, 20, 000 profitable. It’s cashflow.

Ron: The thing about it is they do expire as far as like when it’s paid off, it’s paid off.

That property’s not, you’re not leasing it out. Like these are notes, like you will own the property.

Dan: You’re a bank.

Ron: Yeah, 100%. You can build up a really good consistent cashflow with this. But I think your ceiling is capped as far as like how much money you can make each month. Cause, I mean, you sell 20 notes a month.

I don’t know what the max 600 a month. Yeah. You have an average of you get up to 12, 13, it builds on itself, but then they expire in five years because they’ve paid it off or whatever. Consistent. And you need to manage, you need to keep on scaling up the volume for you to scale up your business essentially.

Um, because the ones are going to fall off.

Dan: You can sell the notes too, which is cool.

Ron: Yeah. You can definitely sell them. You can probably sell the package for quite a bit. Yeah. There’s definitely ways to build things up in that. And you also can usually sell the property for more. This is a lot faster. 12% per uh, uh, loan.

Dan: Well, yeah. And you make more. Yeah. If you look at the time, but if you’re getting 11% interest on your note and you’re stacking those up against each other. I mean, that’s going to beat the market all day. So you are making money off your money. Tax wise, no different. It’s just like, I don’t know anything about that.

We don’t, when we sell on seller financing, we flip it to someone who buys it, the notes. That’s our strategy. Cause we like the cash. We sell the note. We sell the note. Yeah. So we’ll, we’ll sell the seller financing. And do the whole package and then sell the note. That’s our strategy because we want the cash and we’re not managing notes.

That’s not our business model right now. And we’re not built for that. And we don’t want to be built for that. We went against that, but there are people who. Just sell the note, keep it. Cause what you do, you get 30%. I’m, I’m versed on this one because we built all the modules out to do it. And I met with several people on this and we’ve done it, but you, what you do is essentially you’ll have a company, you know, collecting every month and you’ll sell it as a note.

You’ll have the interest. It, you can’t just put any interest on it. It has to be within market. Type of standards also, or else you can, you can’t just say, Hey, 15 percent interest on this, but the cool thing is you collect it. Yeah. You got to be careful with how much interest there’s laws, especially in some States that protect, um, you know, buyers from that because you can get taken a low credit.

People can get taken advantage of. Yeah. So it makes sense.

Ron: That’s crazy what they can do in other things, credit cards, cars, all that other stuff they can screw you on.

Dan: Yeah. But they’re giving you a big, that’s a little different because it’s free spending.

Ron: Yeah, I agree. Car loans are ridiculous.

Dan: Those aren’t that crazy.

Ron: Some people, some people, they screw over pretty bad. 15, 20%. I’ve seen them. You sure? Yeah. What’s the interest right now from a car? You’ll probably get six, maybe right now. Is

that an actual car loan or is it a loan for the person that they’re using for the car? I don’t know.

Dan: I’m just curious on that. But, uh, yeah. So what you do though, and what I was trying to get at is you’ll get a big down payment and then have the interest compiling every. Every month as well, but the down payment can be 30%. That’s what you can get. Like that’s up to you. So there’s no standards showing that you can’t collect 50%. If they have 50 percent down, take it.

You know what I mean? Um, you’ll be able to get more market value because it opens the door to more, uh, sellers, uh, or buyers eventually. Yeah. And then you collect a 10, 11, 12%. I don’t know what it’s at right now. And then you have a big down payment and you’re set, you know, and then you just collect 11 percent interest over the next five years.

I think I know what else is on the list as far as, uh, Uh, things that like we can talk about at the end too, but this is one of my favorite ones that we don’t teach. And that’s why we’re so close to teaching. And I think is because having consistent cashflow, like you can do this with desert squares. You can combine this with desert squares and sell a bunch of desert squares, make 200 a month and get your money.

The key to seller financing I think is getting your money back from the down payment or getting really close to your money back. You buy a property for 20, 000, you sell it for 50 on a financing. Trying to get that 20, 000. You, you, you get

that back, yeah. Trying

to get that 20, 000 down, back from the down payment so you’re not, uh, in the negative until those cash Yeah, and then it’s just all cash.

Yeah. Which I like. That’s what I like about it. Is if you Your principle is covered. 100%.

Yeah.

Ron: That’s what I like.

Dan: And that’s a lot of times what we’ve seen.

Ron: Yeah.

Dan: Just from what people do. Uh, and, and this is thing, this is one of those things I haven’t seen it more. I haven’t, I’m not against teaching it and we have all the modules built out on it, but we haven’t released it because.

I don’t think it’s the best way to freedom. Yeah, just from like what we’ve seen you can flip it now make 20 grand I think it’s important if you’re out in those desert squares and have crap properties. It will help sell your properties faster but Holding notes is, is not it. Maybe for someone who’s a little older and has money and just wants the cashflow, but someone looking to get out of their job and make serious money now, I don’t think it’s the best strategy.

And that’s why we’ve kind of held back.

Ron: Yeah. I mean, you have an asset that’s, that you bought for 20, 000, it’s worth 50, like, give me the 50, 000 all day long right now. Give me the 45, 000 versus selling on a note. Like I just, at scale, it just doesn’t make sense. Like it’s one thing if you’re buying closer market value and you literally just want cashflow or something like that.

Um, it’s, it’s a little different and you’re just taking that interest essentially. And that’s your. That’s your profit versus.

Dan: That’s an interesting strategy. Buy it 80% and then sell. Sell.

Ron: Yeah. Buy at 80%, sell it as a node and you get a little bit of money back and then you have 12% interest, whatever it is.

Yeah. Um, but uh, yeah, there’s different strategies for sure.

Dan: Next on the list, we have infill lots . This is probably the biggest, uh, biggest one on the list because this is massive, massive, massive industries and, and wholesaling info lots.

Ron: It’s bigger than what we do for sure. Definitely. Yeah. Yeah. Not even close.

There’s a lot less profitable. 100 percent.

Dan: Talk about 3 000 assignments.

Ron: Yeah. I don’t know if it’s a bigger, I don’t know, as far as the number of parcels, there’s definitely a ton of parcels in the country. It seems like most info lot flippers are in Florida. Um, high, high volume of them in Florida. I don’t know where else they’re doing deals, but Florida has so, so many info lots.

Um, and some people are making really good money. Other people are transitioning from that to like more of our strategy. I think info lots, I don’t want to say it’s. I don’t know, trickling away, I don’t want to say that, but I think there’s just, the ceiling’s very low.

Dan: Different ways to do it too. Cause like, if I was doing InfoLots, I would do it different than how a lot of people, they’re finding builders first.

Which is fine, but I’m so confident with how we evaluate land and our, uh, our comping and everything else, I’m confident that I can do other strategies and not just flip it to a builder.

Ron: So you find funders inside of builders.

Dan: I don’t know about funders or just go straight to the market. Yeah. You know, well, that’s what they’re doing anyways.

They’re just wholesaling it there. So why not open it to the market? And I know builders, if you have good building relationships, though, there’s a lot of advantages in that. But the problem with the builders now is they’re getting all these junk people calling them and saying, Hey, I’m looking to flip land in your area.

You looking to buy what’s your criteria? And the builders are, they get in certain areas in Florida. I’m sure a lot. Okay. And that’s why they don’t get respond to someone asked on the Q and a, like no builders answering me. I’m like, yeah, they’re getting hit by all these other infill lot wholesalers, but there’s other strategies.

Infill lots is very broad too. You know, like there, you don’t need to do it. The whole builder first way. Um, there, that’s a low risk way, but it’s also low profit. I mean, some of these guys are making two, 3, 000 a flip, which is just insanely disrespectful for your time. Like if you’re putting in that much time and effort to make two, 3000 with these other strategies, Learning experience.

I understand like go for it. Learn. It’s worth it from that. But if that’s your strategy long term, like what is your time? You just, I don’t.

Ron: You got to value your time for sure. I, I, I really, really don’t like calling builders first. I think, especially like you said, like with builders getting overwhelmed with these calls, you’re bringing them no value.

They’re just supposed to tell you.

Dan: The good ones will, but the bad ones are just sending them any lead and that’s where it’s probably.

Ron: But they call them first to find out what they want and then it’s like, okay, that just.

Dan: I mean, we get the calls too to see if we want to partner with them. I get messages all the time on these lots and they’ll send me an address and be like asking price.

And like, that’s all they send. And it’s like under a wetland.

Ron: Yeah. People aren’t going to give you the time of day if you’re not bringing them something like you bring them three deals or something that makes sense or, or whatever, or just look, like, look where they’ve built. If I’m going to a builder, instead of going to builders and like asking, what are you looking for?

What do you like? Just go look where, what they’ve built. It’s not that hard to find out what houses they’ve built recently. What areas I think that’s what the good ones do though. Yeah, I’m sure they do.

Dan: For sure. They see the neighborhoods there and they’ll target that neighborhood. They call them. As far, yeah, calling the others, call the owners of the land and trying to get them under contract and then, and then having the builder saying, Oh, I know in this subdivision, the builders paying 20, 000 a lot. And then you make 3, 000. But you know, there’s, there’s ways to make big money and then fill lots too. I really believe that. I just don’t think the way that’s taught now with the wholesaling and builder method is especially, especially when a recession comes, you are going to dry. No doubt in my mind.

You’re a builder. Stop. That’s the, that’s where you see the recessions hit the most. People aren’t building houses.

Ron: Yeah.

Dan: You know, that’s like the, the, you look at historical building, um, throughout recessions and everything. It is, it dies.

Ron: Yeah.

Dan: And then also they’re trying to get things a lot cheaper too.

And then everything just dries up. That’s why I don’t like it. I talked to a guy who did it for, um, it’s J. R. Horton or H. R. Horton, J. R. Horton. I feel dumb. I’m not sure. H. R. Horton, but Horton in North Carolina. And that’s what he’s done for, uh, Long, long, long time. And that’s all he does. And he does these subdivisions and he sells them all to them.

Um, one at a time as they’re building. And he didn’t tell me this, but one of his good friends who owns a restaurant in St. Pete said during the last recession in oh nine, 10, he completely went out of business and now he’s making millions. I mean, he’ll sell 200 sub, he’ll do a major, major subdivides and put all the, Utilities and roads and engineering in place and then he’ll flip them doing he’ll have a contract that they’re gonna buy all 100 Yeah, but then they don’t pay until they actually start to build essentially and during oh nine ten Like he lost his house and stuff and that’s the one thing I remember from the rest the restaurant owner Talking to me who is his best friend was like, yeah, he dried up in the recession I always had that in the back of my head.

Ron: Geez. Yeah, I agree. It is really good when the economy’s not It’s not a recession proof industry anything else to add on that one.

Dan: No, I think we’re good on that one Next we have mineral rates. Do you want to talk on that?

Ron: Yeah, I mean, we, mineral rights are a long term play. We are not to be 100 percent transparent guys.

Like I understand the bare minima as far as like how to make money from mineral rights, um, mineral rights to give you background, like mineral rights and surface rights are different and they can be split up. So in a lot of the country, there’s areas, Pennsylvania’s one, Where someone owns the surface rights, which is the land that you guys probably understand about, like what land is.

And then someone can own the subsurface or the mineral rights. Um, and these can actually be two separate deeds, two separate people can own these. Where one person can have a house on the property, then someone else can dig for oil, whatever it is, um, on the property. So that’s essentially how it is a mineral rate leases you can have and you can make good money on mineral rate leases.

But honestly, Dan, as far as like past understanding the deed and how it can be split up, I don’t know a ton about it.

Dan: Yeah, and I completely agree. And there, there are areas like Oklahoma, Texas, um, where that’s all people do is buy subsurface rights. But I, that’s what a land man is. Yeah, a land man, someone who just looks at surface rates for oil companies.

Yeah. Yeah. Mineral rates. Yeah. So anything under the.

Ron: There are billionaires doing mineral rights, like there are rich.

Dan: The title land man. And I didn’t know that too. We were looking for salespeople. Landman is a big, big, uh, yeah. Look at landman jobs. Just type in landman jobs. Yeah. And it’s just subsurface. They’re selling essentially.

They’re trying to acquire a lot of times and looking and analyzing and then there’s landman and then there’s subsurface engineers and all this different stuff. And it plays a, I mean, oil companies, mineral companies, all these guys, that’s, that’s Billions of billions of dollars of industry. So there’s a lot going on.

Ron: We interviewed one of them, right? And it was just, it was, it was interesting learning about it a little bit. It wasn’t a fit for what we do. Um, but yeah,

Dan: You could work for like a show or something.

Ron: Yeah. I don’t know. They’re big, big companies that are BP or something. Yeah. So they make these offers essentially, essentially what they do, what we do, but they’re just looking to buy mineral rights from people and they understand where the valuable ones are.

Um, it’s really cool. If you send mail to Oklahoma, if you target Oklahoma, you’re going to get a lot of properties back where there might be something happening with the mineral, um, and the sellers separate from whoever owns the mineral rates. Um,

Dan: It’s crazy to think as we look at the surface rates, people look at the mineral rates and don’t even care about the surface.

Like their, their mindsets just completely shift from what we’re looking for. And that’s what they do. And they just see where the money is.

Ron: It’s crazy. I, there’s different like legalities with what they can do it on. And I think do on it. And that’s what I always get nervous when they’re separated mineral and land.

Cause I’m obviously interested in reselling the land to an end buyer who wants to build, who wants to rec land, whatever it is. And when they’re separate, if it’s being used at the mineral rights are being used like that is a red flag for us. I think.

Dan: When you have all those thanks and things going on, I don’t like that at all.

But there are people like, uh, Owning surface rights, um, and not mineral is fairly normal, you know, in certain areas. And I know a lot of people who buy surface rights only and flip them and do very well. You just need to be cautious and know what you’re getting into.

Ron: Yeah.

Dan: Like anything.

Ron: Like we said, though, we’re not overly educated on that topic.

Dan: No, I don’t really want to be, to be honest. We don’t do a lot of deals in those areas. And there are people who do them and it’s just not, not our,

Ron: They’re so specialized to like the people who are doing things out there.

Dan: And it’s different area by area, Pennsylvania minerals, different than Oklahoma, which is different than Texas.

Like people are looking for different things in different areas, Ohio, even like there’s a lot in Ohio. Yeah. The coal mines and all that stuff.

Ron: There’s a ton.

Dan: Perry County. Remember Perry County, all of those, they tear the land up. Yeah. Those guys. Um, all right. Last we have entitlements, which is just buying a bigger piece of land in a desirable area and titling it Getting the permits ready, uh, 12 to eight month process a lot of times, and then selling it to a developer who’s going to build.

And this is a big, big money in this. It’s longer, it’s more strenuous. You got to put more money in, but essentially get them under a long term contract. Start entitling it and sell it to a developer.

Ron: Yeah. Entitling is essentially rezoning it for what the most value, whatever it is. A lot of times these are gonna be done in city limits.

It’s not rural America rezoning and permitting for the, whatever you, you’ve, is that what’s defined as, uh, that’s what I’m guessing. That’s what it is. Yeah. So yeah, if an end developer wants to put. Or, or you just entitle it to the best value of what you can. So you’re, uh, it’s a big parcel in city limits, 30, 40 acres, and entitling it would be, uh, getting it, you know, Uh, approved for 50, 50, breaking up into 50 lots, having 50 houses on there.

And then the permits, I don’t know if it’s utility permits as well, or what kind of permits are permits just to build and start break, uh, breaking ground. 180 unit permit. Yeah. Developers love that. That’s what developers look for. Developers, they don’t want to wait 12 to 18 months. Developers don’t want to do it because they have to build houses.

Uh, developers don’t want to do it from the start. They’re probably companies that do it. I’m sure from the start with raw land and they entirely do it all the way through. But when developers get a 50 acre parcel with 50 lots approved for it and all this, it’s very simple for them. They can break ground much, much sooner, obviously.

And there’s very,

Dan: Apartment complexes, subdivides, all of that. That’s the industrial hospital. All this stuff needs to go through an entitlement process at some point.

Ron: It’s, it’s definitely done in different locations than what our typical deal is.

Dan: You need to be desirable.

Ron: Yeah.

Dan: You need to have buildings going on, especially if you’re looking for the houses, uh, or apartment complex.

Like there needs to be development and a demand for that. And in a lot of rural America, there’s not a lot of building and stuff going on. So you want to be in more desirable areas. You know, it’s going to flip quick.

Ron: As far as like making seven figures, eight figures on a deal like that, that is the legitimate deals and entitlement.

Dan: You’re providing a ton of value.

Ron: Yeah. Like you can make a million dollars in a deal. Like most deals, you’re probably are going to make a million dollars if you’re done right. If it’s done right in good areas, like Dan said, it can take 12 to 18 months. You have two deals going on at once. Like it makes a ton of sense.

Um, we haven’t done these before, as far as, as detailed as this. Um, but it is very, very, yeah, there’s people that specialize.

Dan: That’s all. Yeah. If this, if you go down that route, I would recommend only go down that road because it’s high. It’s a lot of stuff going into it. And it’s especially, it’s a, you know, it’s a highly profitable, highly specialized niche.

And I think, uh, you want to dive in. If you’re going to go in something like that, a lot of these other ones, whatever, trickle with them and you can mess around with them. This one’s some serious stuff though. Do you buy the property or do you wait? You get a contract for it. No, you don’t buy it. Yeah. So you can, you can do whatever.

I mean, it’s, but a lot of times people just put down a lot of money to hold it essentially. And I’m talking like sometimes people will put down good six figures though to get it under contract and keep it for 12 months or whatever, six months under contract or whatever. I don’t know the, whatever it goes in, but yeah.

Ron: And the seller can get a ton of money from this too. They don’t want to do that work. They don’t know how to do the work. But yeah, this, of all these things on here, I mean, if you’re talking about land, man, that kind of stuff, that’s extremely skilled as well. That’s true. But, um, as far as like the skill that goes in the knowledge you need, like the, this is a huge, huge, high, high barrier to entry.

A hundred percent. Anything else that.

Dan: No, those are all of them guys. I hope you guys enjoyed as always. Make sure if you guys are on YouTube, hit that subscribe button, hit that like button. If you guys are on Spotify, share this with someone you think will enjoy this episode. As always, thank you for joining.

We’ll see you next episode. Thanks guys. As always. Thank you for joining. Please do us a huge favor and like, and subscribe our YouTube channel and share this with a friend. It really means the world to Ron and I, but more importantly, it could help change the life of someone else. Thanks for joining and we’ll see you next episode.

Watch the Full Episode Here

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