Episode 14: Lessons in land investing and visions for 2025
whatshot 9 snips
Dec 31, 2024
This discussion dives into the intricacies of land subdivision in agricultural areas and the critical need for thorough research. Personal anecdotes reveal the complexities of tax deeds and the essential role of due diligence. The power of collaboration and ethical responsibilities in land dealings are emphasized. Future trends, including AI's influence on investing, spark insights into adapting strategies for success. Reflections on personal growth highlight the balance between professional ambitions and personal fulfillment.
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volunteer_activism ADVICE
Subdivision Advice
Understand local regulations before subdividing land, as township rules may supersede county regulations.
Calling counties and diving deep into these regulations can prevent costly surprises.
question_answer ANECDOTE
Culvert Complications
Justin Piche encountered culvert issues during a subdivision project in Alabama.
Incorrectly sized culverts resulted in extra costs and highlighted the importance of local regulations.
question_answer ANECDOTE
Power of Attorney Problems
Clay Hepler lost $10,000 on a deal due to complications with a seller's power of attorney.
This emphasizes the challenges with title and family issues, especially with lower-priced properties.
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In Episode 14, hosts Clay Hepler and Justin Piche dive into "Lessons in Land Investing and Visions for 2025." This episode is dedicated to sharing valuable lessons learned from their experiences in land investing and insights into the future of the industry.
Key Highlights:
Exciting Subdivision Opportunities: Clay and Justin discuss a promising deal involving subdividing land in an agricultural district, highlighting the importance of understanding local regulations and potential profits.
Navigating Challenges: The hosts share personal anecdotes about overcoming obstacles in land deals, including the complexities of tax deeds and the critical need for thorough due diligence.
The Power of Collaboration: Discover how building strong partnerships can enhance your business and lead to greater success in land investing, emphasizing the importance of teamwork over competition.
Ethical Considerations: Clay and Justin address the ethical responsibilities of land investors, particularly when dealing with distressed properties and vulnerable sellers, and the importance of transparency in negotiations.
Future Trends: The hosts explore potential changes in the land investing landscape over the next five to ten years, including the impact of AI and evolving marketing strategies that investors should be aware of.
Personal Growth and Development: Clay and Justin reflect on the profound self-development that comes from building a business, discussing the importance of emotional intelligence and adaptability in navigating the future.
This episode is filled with candid discussions, actionable insights, and real-world examples that can help you navigate the complexities of land investing. Whether you're just starting out or looking to refine your existing processes, this conversation is a must-listen!
Hosts:
Clay Hepler: A seasoned real estate entrepreneur focused on building an eight-figure land flipping and development business.
Justin Piche: A former US Navy submarine officer turned real estate entrepreneur, dedicated to building high-performing teams.
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