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The REtipster Podcast | Real Estate Investing
From Firefighter to Land Tycoon: Jon Newth’s $600K Journey
Dec 10, 2024
Jon Newth, a firefighter paramedic turned land investor, shares his remarkable journey into real estate. He discusses the transformative impact of structured guidance and the challenges faced in land flipping. Jon highlights his shift towards higher-value properties, effective direct mail strategies, and essential negotiation skills. Balancing a demanding career and real estate goals, he encourages newcomers by sharing practical advice and the importance of community support in achieving financial freedom.
01:24:06
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Quick takeaways
- Jon Newth transformed from a firefighter to a successful land investor by leveraging education and mentorship in his real estate journey.
- Through strategic goal-setting and structured coaching, Jon was able to navigate initial failures and achieve clear financial objectives.
Deep dives
Overview of OP Lending Fund
The OP Lending Fund offers a unique investment opportunity focused on rural vacant land flipping, targeting a 10% preferred return with potential overall returns ranging from 13% to 15%. Investors benefit from a conservative loan-to-value ratio of 50%, which significantly lowers risk. This model appeals particularly to accredited investors seeking consistent returns without the complexities often involved in traditional real estate investments. The fund emphasizes transparency and aligns the interests of its investors with the overall success of the land flipping strategy.
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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