Download - DNRE95 - Seth Williams: Make a Living and Achieve Financial Freedom with Land Flipping

DreamNation Real Estate Podcast with Casanova Brooks

Business:Careers

DNRE95 - Seth Williams: Make a Living and Achieve Financial Freedom with Land Flipping

2021-09-22

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Here’s a snapshot of a few things we talked about…

How Did He Get Started in this Game? [00:01:32]
Where Did He Learn About Land Investing? [00:06:17]
When Did He Land His First Deal? [00:07:08]
How Being Part of a Group Helped Him During His Earlier Years? [00:08:34]
How Does the Land Flipping Business Actually Work? [00:11:38]
Does He Think that We Will Run Out of Land to Invest? [00:16:56]
Can You Make a Living and Achieve Financial Freedom Through Land Investing? [00:19:42]
How to Price the Land When Making an Offer? [00:24:42]
Who to Sell Land to and Where to Find Buyers? [00:27:20]
How Much Do You Have to Utilize Relationships When You're Doing Land Investing? [00:31:16]
Where to Look for Good Land Investing Properties? [00:34:04]
Assignment Deals Vs. Buying it for Yourself [00:36:38]
One Thing He Wishes He Had Implemented Sooner to Accelerate His Journey? [00:40:11]
Books that Have Helped Him in His Real Estate Career [00:41:52]

In This Episode You’ll Learn:

In this episode, Casanova talks with Seth Williams. They discuss how you can be niche in real estate, make a profit, and at the end of the day, make a living out of it.

Key Quotes:

“With land, you can get a lot of the information you need to from Google earth and other databases, you don't have to get inside a house to inspect it…”
“You find the formula that works, and you stick to that plan, and in time the leads come, and the deals come…”
“If you can find a good group of people, it can be hugely instrumental…”
“The thing about the land business is that it is simple, but it's not easy…”
“You just have to take that leap of faith and acknowledge that it's possible I could spend money on this and get nothing back in. I have to be okay with that, and because if you're not okay with that, then you'll never get anywhere because you'll never take the risk and do it…”
“Of all the land in the US, only 3% of it has actually been developed and that 3% is what every other household seller and real estate investor is fighting over, where the land investors have this other 97%...”
“Make sure the offer is super low, because if you end up being wrong, there's still a really big buffer of protection in there, based on that profit margin you built in for yourself…”
“If you can think of places that just have intrinsic value that people really appreciate and are drawn to, that can be a good hint in terms of properties that are probably going to sell a little bit quicker there…”

Links/Resources: