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:
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