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The REtipster Podcast | Land Investing & Real Estate Strategies
Electrician to Land Mogul: Chris Johnsen's High-Voltage Land Investing Journey
Jan 2, 2024
Former electrician Chris Johnsen shares his journey from stumbling into land investing to building a highly profitable land-flipping business. Topics discussed include taking the leap into full-time investing, buying properties outright vs using options, exploring conversational AI platforms and the future of AI, Chris' unfair advantage in real estate, the importance of a strong support system and setting expectations with sellers, business passion and future plans, and the idea of creating a sports complex for extracurricular activities.
01:06:56
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Quick takeaways
- Land flipping offers higher profit margins compared to traditional jobs like electrician.
- Scaling a land flipping business requires significant changes, such as hiring top-performing employees.
Deep dives
Chris Johnson's Journey into Land Investing
Chris Johnson, a former electrician, stumbled upon land investing when he bought a lot next to his house and later sold it for a significant profit. Intrigued by the potential, he started exploring the land business further. Through self-education and taking action, Chris quickly found success as a land flipper. He discovered that the profit margins in land flipping were much higher compared to his previous job as an electrician. In just over a year, Chris completed around 80 deals, earning substantial profits. He primarily used text messaging to find and communicate with potential sellers, converting a high percentage of leads into deals. His ability to build rapport and respond with urgency has been key to his success.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode