Wealthy Way How to Flip Raw Land for STUPID PROFITS | Mason McDonald and Dan Haberkost
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Dec 17, 2024 
Mason McDonald and Dan Haberkost, land investing experts, dive into the intriguing world of raw land investment. They share secrets on flipping land for profits, from navigating market dynamics to avoiding bad deals. The duo discusses personal anecdotes about self-funding developments like golf courses and the essential role of networking in this field. They also highlight innovative strategies for adding value to land, emphasizing the balance between business success and personal fulfillment.
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Market Selection Strategy
- Consider macro-level market trends like population movement to the Southeast.
- Analyze transaction data, comparing listed vs. sold lots in 90 days to predict turnover time.
Dan's Land Journey
- Dan learned land development through new construction, initially house hacking, then focusing on rentals.
- He discovered land in Pueblo West, a failed subdivision with cheap finished lots.
Land Market Inefficiency
- Land market inefficiency is partly due to developers' high bankruptcy rates and financing difficulties.
- Banks hesitate to lend on land, limiting institutional capital and creating opportunities for smaller investors.