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127: Land banking is something I’ve always had a basic understanding of, but there are certain aspects of it that have always confused me (like how to predict what the value of land will be 10 years from now) and other parts of it have turned me off (like the idea of just sitting on a property for years).
(Show Notes: REtipster.com/127)
I’m definitely not an expert in this sub-niche of land investing, but I wanted to get in touch with someone who is, so we could dissect this strategy and figure out how it works.
Brad Warren is a land banking consultant and I thought Brad would be a good person to help clear up some confusion about why and how some land investors choose this approach.
If land banking is something you'd like to try out, hopefully, Brad’s input can help you figure that out for yourself.