63 min listen
#67 - From Fireman to Land Investor: Earning over $400,000 in Just 9 Months Investing in Land with Alec Marquette
#67 - From Fireman to Land Investor: Earning over $400,000 in Just 9 Months Investing in Land with Alec Marquette
ratings:
Length:
77 minutes
Released:
Sep 29, 2023
Format:
Podcast episode
Description
On today's episode of The American Land Man Podcast, we are back in the studio talking with Alec Marquette. We get into the importance of mindset and strategy, the concept of house hacking and using direct mail to find deals. We Discuss:
He has grossed $438,000 in sales with a $138,000 gross income, doing this business as a side hustle
House hacking allows Alec to live in a duplex while collecting rent from his sister-in-law as a tenant
Alec follows an arbitrage model, finding sellers who undervalue their land and reselling it at market value
Alec values stability and prefers to keep the rent below market rate to ensure a hassle-free living situation
Targeting specific areas within a certain radius of a metro area can increase your chances of finding motivated sellers
Analyzing flood zones, property access, nearby amenities, and tax information
Setting up a landing page can help attract buyers and generate passive income
He leverages his unique work schedule as a firefighter to devote time to his land investing business
Targeting markets with high demand for land increases the chances of successful sales
Targeting specific areas and property sizes can help narrow down potential buyers
Motivation is the key when seeking land deals
Understand the impact of subdivision potential on land prices
Finding motivated sellers is essential for securing properties at a favorable price
And So Much More!
Connect:
-https://bit.ly/NeilHaugerWhitetailProperties
-https://bit.ly/NeilHaugerFacebook
-https://bit.ly/NeilHaugerYouTube
-https://bit.ly/NeilHaugerInstagram
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Support this podcast: https://podcasters.spotify.com/pod/show/neil-hauger/support
He has grossed $438,000 in sales with a $138,000 gross income, doing this business as a side hustle
House hacking allows Alec to live in a duplex while collecting rent from his sister-in-law as a tenant
Alec follows an arbitrage model, finding sellers who undervalue their land and reselling it at market value
Alec values stability and prefers to keep the rent below market rate to ensure a hassle-free living situation
Targeting specific areas within a certain radius of a metro area can increase your chances of finding motivated sellers
Analyzing flood zones, property access, nearby amenities, and tax information
Setting up a landing page can help attract buyers and generate passive income
He leverages his unique work schedule as a firefighter to devote time to his land investing business
Targeting markets with high demand for land increases the chances of successful sales
Targeting specific areas and property sizes can help narrow down potential buyers
Motivation is the key when seeking land deals
Understand the impact of subdivision potential on land prices
Finding motivated sellers is essential for securing properties at a favorable price
And So Much More!
Connect:
-https://bit.ly/NeilHaugerWhitetailProperties
-https://bit.ly/NeilHaugerFacebook
-https://bit.ly/NeilHaugerYouTube
-https://bit.ly/NeilHaugerInstagram
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Support this podcast: https://podcasters.spotify.com/pod/show/neil-hauger/support
Released:
Sep 29, 2023
Format:
Podcast episode
Titles in the series (83)
#5 - Entrepreneurship, Hunterra Maps, Working for the Government and selling land in Iowa with Land Specialist Ben Harshyne! by The American Land Man