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#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

FromThe American Land Man


#67 - From Fireman to Land Investor: Earning over $400,000 in Just 9 Months Investing in Land with Alec Marquette

FromThe American Land Man

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!

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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)

The American Land Man is a podcast for anyone who wishes to Buy-Manage-Sell American Land. Whether you own 1 ac or 100,000 ac or none at all this podcast is for you. We have interesting guests who share there journey of owning American Land. So, please subscribe and join us!