Land Investing Secrets from an 8-figure Entrepreneur
Sep 21, 2023
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Buck Rizvi, a successful entrepreneur, shares his thoughts on land investing and highlights the importance of caring about people and building relationships. He explains how land investing generates fast and significant profits. Buck's diverse experience in e-Comm businesses brings actionable insights, including the significance of endorsements and reviews in business and how to minimize mistakes. Get ready to take notes!
Building relationships and rapport with sellers is crucial in land investing, as it can lead to better negotiations and potential deals at lower prices.
Being part of accountability groups and seeking mentorship can provide valuable support, learning opportunities, and help in achieving success in land investing.
Deep dives
Building Relationships and Rapport with Sellers
In this podcast episode, Buck Rizvi emphasizes the importance of building relationships and rapport with sellers. He highlights the significance of taking time to understand their motivations and goals for selling, rather than solely focusing on closing deals quickly. By showing genuine interest and curiosity in sellers, Buck believes that rapport can be built, leading to better negotiations and potentially getting deals even at lower prices. He shares his own experiences of how investing time and effort in building relationships has resulted in sellers choosing to work with him over other potential buyers. Buck advises land investors to prioritize people-to-people interactions and leverage technology like AI as a tool to enhance their business, rather than relying solely on automation and impersonal communications.
The Power of Accountability and Mentorship
Buck discusses his involvement in accountability groups and the importance of mentorship. He highlights the value of surrounding oneself with like-minded individuals who can support and challenge each other in their land investing journeys. Buck emphasizes the benefits of sharing experiences, learning from others, and holding oneself accountable in order to achieve success. He shares his personal experiences of being part of an accountability group with Drew Haney, where they regularly share their successes, challenges, and insights. Buck encourages listeners to seek mentorship and take leadership in facilitating their own accountability groups, suggesting that even virtual meetings and technology like Zoom can be effective in fostering connections and support among land investors.
Balancing Multiple Business Ventures
In this episode, Buck talks about his involvement in various businesses outside of land investing. He highlights the importance of having a supportive partner and building a competent team to manage different business ventures effectively. Buck shares his experiences of being involved in the supplement industry and e-commerce, emphasizing the significance of transparency, communication, and accountability in business partnerships. He also shares his passion for motorcycle riding, volunteering as a firefighter, and mentoring younger individuals. Buck believes in continually expanding his network and learning from others, regardless of their age or experience level.
How AI Can Enhance Land Investing
Buck briefly introduces the concept of leveraging AI (artificial intelligence) in land investing. He mentions his use of the Chat GPT+ model and its ability to assist in analyzing data and making informed decisions. Buck explains how AI can help land investors by processing large amounts of data, identifying trends, and allowing for more targeted marketing campaigns. He mentions the benefits of using AI and chatbot technology in managing customer interactions and market research. Buck encourages land investors to adopt a proactive mindset towards technology and explore how AI can be integrated into their business strategies.
A pilot, a firefighter and a supplement company owner walk into a bar…
Bartender says, “Hey Buck”.
In this episode, we go deep with Buck Rizvi, an entrepreneur who ran 7- and 8-figure e-Comm businesses (and still does!) before jumping into the land business.
Given his success and diverse experience, you’ll want to take note of his thoughts on land, to paraphrase:
“Compared to other things that I’ve done, land investing was the fastest at generating profit – and a lot of profit. I’ve never seen something move that fast.”
From just getting started in 2020 to being the head coach for Land Investing Mastery, Buck takes us through his journey, highlighting the importance of caring about people and going the extra mile to connect with them.
Get your notepad out, this one is chock full of actionable insights.
IN THIS EPISODE LISTEN AND LEARN:
Why endorsements and reviews are your best friend in business
The importance of focusing on people and relationships
