Land Investing, The Dirt Road to Wealth with Trevor Probandt

Interview with Virtual Land Investor Matthew Bechard

11 snips
Feb 6, 2025
Matthew Bechard is a virtual land investor based in NYC, specializing in the Southeastern US. He shares his journey from luxury cars to real estate, emphasizing strategic marketing and the nuances of land investing. Topics include innovative outreach strategies, the importance of sales follow-up, and navigating the complexities of land development. Bechard discusses successful flips in the infill lot market and the potential of larger entitlement deals. His insights into the land investment landscape will inspire aspiring investors.
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ADVICE

Blank Offer Letters

  • Instead of fixed-price offers, try sending blank offer letters to spark curiosity.
  • This generates more leads and avoids unintentionally insulting sellers with low offers.
ANECDOTE

Successful Land Flip

  • Matthew Bechard bought a one-acre lot in Ridgeland, South Carolina, for $55,000.
  • After 60 days, he sold it for $115,000, making a $47,000 profit after costs.
ADVICE

Follow Up Persistently

  • Follow up consistently with potential sellers, as most deals come from nurturing leads over time.
  • Staying top-of-mind is crucial, even if initial contact doesn't lead to immediate results.
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