Property Profits Real Estate Podcast
Business:Investing
Ready to take control of your financial future and start building lasting wealth?
Don't miss out on this episode with Remington Carlson, a real estate expert who's shaking up the industry with his innovative and low-risk strategy for making money in real estate.
By focusing on buying and selling raw land, Remington provides his customers with an honest and valuable experience, while also delivering above-average returns to his investor partners. And the best part?
You don't have to be a real estate expert to benefit from this strategy.
With Remington's guidance and expertise, anyone can start building wealth without worrying about the ups and downs of the market.
So don't let FOMO get the best of you - tune in now to learn more about this proven approach and start taking steps towards financial freedom!
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn from this episode for 33 minutes:
Resources:
Topics Covered:
01:33 - How Remington started off in real estate
02:25 - What investment strategy did he start with?
03:30 - How he built his real estate investing portfolio while still serving the military
04:38 - Self-managing at the start and hiring professionals to manage the properties as they scale
05:42 - Why he searched for a different strategy and not the usual multifamily that most are doing
07:37 - What is land investing?
10:01 - Where you can find these 'dirt rich' properties [and the specific type of land he invests in]
12:19 - How to find motivated sellers for raw land
13:39 - Amount of direct mails sent to generate deals
17:15 - What his number of closed deals looks like for 10,000 mails sent
18:59 - Criteria for qualifying leads
20:52 - What is a landlocked land and how to make it worth the hassle of closing them?
22:28 - Three main ways to turn a raw land into a well-marketed property
25:09 - Average time for flipping lands and what their own marketing looks like as they do it side by side with local professionals that they hire
26:47 - Price range for the raw land they're selling
27:42 - Advantages and disadvantages for pursuing this investment strategy
Key Takeaways:
"At the end of the day, it was definitely a good decision to professionally manage those properties because it helped us make the most out of it and give us peace of mind as well."
"We get really good marketing material on the property. So we get good photos; photos sell properties at the end of the day that help sell the dream.” - Remington Carlson
“As far as the pros go, it’s [land flipping] great because you don't have the intricacies or the competition of the house flipping industry.” - Remington Carlson
“When you’re house flipping you get a lot of leverage involved. When you’re land flipping you have low leverage.” - Remington Carlson
Connect with Remington Carlson:
Connect with Dave Dubeau:
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