The REtipster Podcast | Land Investing & Real Estate Strategies

Jaren got into his latest house hack about a year ago, and he has quite the story to tell.(Show Notes: REtipster.com/103)In this episode, we're going to dive into the nuts and bolts of how he found this deal, what the numbers look like, what the experience has been like so far, and why it's the best property he's ever lived in.We're also going to cover some big news about the latest course from REtipster: House Hacker University. As always, we've put a TON of time, effort, and love into this course. If you have any interest in using your house to create another stream of income, this is something you'll want to check out! 🙋🏻‍♂️ Get the REtipster Newsletter (It's FREE)!Stay updated with top real estate investing insights and strategies 🚀 Land Investor’s Action Plan (Free 5-Day Course!)Solve the 5 mistakes that keep investors stuck ⚠️ Land Buyer’s Survival Guide (Free 5-Day Course!)Avoid the 21 most deadly land-buying blunders 👉 10X Your Income from Land InvestingLearn how to start and supercharge your land investing business 😀 Join the REtipster Forum!Connect with experienced investors and get expert advice. 🛠️ All My Favorite Tools and Resources 🛠️The best software, services, and gear I use daily

102: What exactly should someone do if they’re 6-12 months into their land investing business and things just aren't working?(Show Notes: REtipster.com/102)Whether you aren’t getting deals, you aren't able to get properties sold (or sold fast enough), you’re not profitable at all, or you haven’t reached the level of profitability you thought you would be at by this point… what are you supposed to do about that?If that sounds anything like you, we’re going to give you our best advice for getting unstuck as a land investor.Back in March of this year, a member of the REtipster Facebook community named Lisa posted this:“I have reached a real tough spot in my business... I'm 9 to 10 months in and not profitable. I've invested a lot of time and money [over 5K in mailers] and to be honest I'm very frustrated. I've been shut down and discouraged all week and want to refocus myself. I would like to maybe hear from people who can offer insight/ guidance. I honestly am very hesitant to invest any more funds at this time until I become profitable.”Her comments seemed to really strike a chord with a lot of people because it got over 100 comments! There was a lot of great advice shared on there, so we encourage you to check it out, but Jaren and I wanted to take some time to give our two cents on the subject, and the podcast seemed like a natural place to do that. 🙋🏻‍♂️ Get the REtipster Newsletter (It's FREE)!Stay updated with top real estate investing insights and strategies 🚀 Land Investor’s Action Plan (Free 5-Day Course!)Solve the 5 mistakes that keep investors stuck ⚠️ Land Buyer’s Survival Guide (Free 5-Day Course!)Avoid the 21 most deadly land-buying blunders 👉 10X Your Income from Land InvestingLearn how to start and supercharge your land investing business 😀 Join the REtipster Forum!Connect with experienced investors and get expert advice. 🛠️ All My Favorite Tools and Resources 🛠️The best software, services, and gear I use daily

In this episode, we're talking with David Richter of Simple CFO Solutions.(Show Notes: REtipster.com/101)David is a certified Profit First Professional. If you're not familiar with Profit First, this is essentially a financial management system for small businesses. Profit First was a groundbreaking book that was published back in 2017, and it’s one of those books I hear people reference time and time again because it has changed the way a lot of people think about their money.David is actually under contract with Mike Michalowicz (the author of Profit First) to write the book on Profit First for Real Estate Investors. David's company provides fractional CFO services for real estate investors nationwide - meaning they perform the job of a CFO on behalf of your company at a fraction of the cost.They can help you clean up your books, assess how healthy your company is in terms of profitability, empower you to manage your business finances based on the Profit First System, assess what business expenses are actually yielding an ROI, and tons more.Needless to say, David has A LOT to bring to the table for us real estate investors, so we’re honored to have him on the show today! 🙋🏻‍♂️ Get the REtipster Newsletter (It's FREE)!Stay updated with top real estate investing insights and strategies 🚀 Land Investor’s Action Plan (Free 5-Day Course!)Solve the 5 mistakes that keep investors stuck ⚠️ Land Buyer’s Survival Guide (Free 5-Day Course!)Avoid the 21 most deadly land-buying blunders 👉 10X Your Income from Land InvestingLearn how to start and supercharge your land investing business 😀 Join the REtipster Forum!Connect with experienced investors and get expert advice. 🛠️ All My Favorite Tools and Resources 🛠️The best software, services, and gear I use daily

We're hitting a big milestone today - this is the 100th episode of the REtipster Podcast!(Show Notes: REtipster.com/100)We’ve had a lot of great conversations with great people and I think every episode we’ve has brought immense value to the table. In this conversation, Jaren and I are going to reflect back on where the show has been, how it all started, some of the highs and lows, some of our favorite conversations, and where we think the podcast is going. 🙋🏻‍♂️ Get the REtipster Newsletter (It's FREE)!Stay updated with top real estate investing insights and strategies 🚀 Land Investor’s Action Plan (Free 5-Day Course!)Solve the 5 mistakes that keep investors stuck ⚠️ Land Buyer’s Survival Guide (Free 5-Day Course!)Avoid the 21 most deadly land-buying blunders 👉 10X Your Income from Land InvestingLearn how to start and supercharge your land investing business 😀 Join the REtipster Forum!Connect with experienced investors and get expert advice. 🛠️ All My Favorite Tools and Resources 🛠️The best software, services, and gear I use daily

In this episode, we’ve got a unique opportunity to chat with a well-known real estate attorney named Clint Coons.(Show Notes: REtipster.com/99)Clint is one of the founding partners of Anderson Law Group. He has grown this legal and tax firm to hundreds of employees by assisting real estate investors in creating and implementing solid entity structuring plans.Clint is also an active investor and content creator. He’s got a YouTube channel with a very respectable following and he is a unique person to follow in the real estate space because he can speak about a lot of legal issues without giving the usual disclaimer of “I’m not an attorney”, because he is an attorney!In this interview, we're going to grill Clint on a lot of the most common questions we hear again and again from other real estate investors. Some of these questions pertain to the land investing audience and some of them apply to any type of real estate investor.I should also emphasize that in this conversation, we’re obviously going to talk about a lot of things that revolve around legal and tax issues, and you shouldn’t take any of this as legal advice. I’m not an attorney, Jaren isn’t an attorney, and even though Clint is an attorney, he’s not your attorney… so always, do your own research and talk with your own attorney before you act on anything we’re about to discuss here. 🙋🏻‍♂️ Get the REtipster Newsletter (It's FREE)!Stay updated with top real estate investing insights and strategies 🚀 Land Investor’s Action Plan (Free 5-Day Course!)Solve the 5 mistakes that keep investors stuck ⚠️ Land Buyer’s Survival Guide (Free 5-Day Course!)Avoid the 21 most deadly land-buying blunders 👉 10X Your Income from Land InvestingLearn how to start and supercharge your land investing business 😀 Join the REtipster Forum!Connect with experienced investors and get expert advice. 🛠️ All My Favorite Tools and Resources 🛠️The best software, services, and gear I use daily

Today we’re talking with a land flipper named Luis, who sells most of his properties through double closings and assignments.(Show Notes: REtipster.com/98)This is where an investor lines up both the original owner and the end buyer to close on the same day, a few hours apart.For example, let’s say Luis found a motivated seller willing to sell their property for $5,000.Luis will sign a purchase agreement with this motivated seller, locking in the sale price.Then he’ll go market the property for sale, at say $15,000… before he even buys it from the original owner.Once he has someone interested in purchasing it at $15,000, he will schedule the closing for both transactions to occur on the same day, making the $10,000 difference between the original transaction and the final transaction.This is how a double closing works - and the powerful thing about it is Luis is able to scale his land business very quickly because he is not using any of his own capital to acquire his inventory. This is a very common strategy among house wholesalers, but it’s not as common among land investors… and it might be a way for people with limited funds to scale their business quickly. So needless to say, we’re excited to have Luis on the show to discuss exactly how he does this in his land business! 🙋🏻‍♂️ Get the REtipster Newsletter (It's FREE)!Stay updated with top real estate investing insights and strategies 🚀 Land Investor’s Action Plan (Free 5-Day Course!)Solve the 5 mistakes that keep investors stuck ⚠️ Land Buyer’s Survival Guide (Free 5-Day Course!)Avoid the 21 most deadly land-buying blunders 👉 10X Your Income from Land InvestingLearn how to start and supercharge your land investing business 😀 Join the REtipster Forum!Connect with experienced investors and get expert advice. 🛠️ All My Favorite Tools and Resources 🛠️The best software, services, and gear I use daily

097: Not long ago, I did a little experiment where I attended over a dozen different tax deed auctions in my home state.(Show Notes: REtipster.com/97)After spending a lot of hours picking out the properties I wanted to bid on and assessing what I thought they were worth, I spent weeks participating in these auctions, and I didn't have much luck finding any amazing deals there, but I took special care to chronicle everything I experienced and published it as a 4-part blog series (you can see them linked below).Now, just when I was ready to swear off ever attending another tax deed auction, I got an email from this guy named David Krulac.He told me that he has bought hundreds of properties at Tax Deeds Sales, he’s been buying for many years and he’s still buying now… and I realized, this guy must know something I don’t!Since I wasn’t able to brag about my own success stories in this realm, I wanted to get David on the show so we could find out (from someone who has actually done it hundreds of times), what was I doing wrong? What should my expectations be at a tax deed auction? What properties should or shouldn’t I be going after? How great is this opportunity, really?In this episode, David is going to share a wealth of information from his decades in the business, and he'll show us what it really takes to find great deals at a tax deed sale. 🙋🏻‍♂️ Get the REtipster Newsletter (It's FREE)!Stay updated with top real estate investing insights and strategies 🚀 Land Investor’s Action Plan (Free 5-Day Course!)Solve the 5 mistakes that keep investors stuck ⚠️ Land Buyer’s Survival Guide (Free 5-Day Course!)Avoid the 21 most deadly land-buying blunders 👉 10X Your Income from Land InvestingLearn how to start and supercharge your land investing business 😀 Join the REtipster Forum!Connect with experienced investors and get expert advice. 🛠️ All My Favorite Tools and Resources 🛠️The best software, services, and gear I use daily

096: Kevin Rockwood has been in the REtipster Community for about a year now. He came through our coaching program working with Jaren, and he’s been able to make some pretty good headway in this business.(Show Notes: REtipster.com/96)Kevin is also a software developer who is one of the driving forces behind Pebble, which can handle direct mail management and lead tracking for properties in the acquisition funnel.Another interesting thing about Kevin is that he lives in South Korea and has built his land investing business while working from the other side of the world. In this conversation, we're talking with Kevin about how he’s managed to do all of this while working from such a long distance and in a very different time zone from where his business is happening.International real estate investors like Kevin always have some ingenious ways of making the pieces of their business fit together even when they aren't physically present in the U.S. These are lessons that all of us can learn from and put to good use. 🙋🏻‍♂️ Get the REtipster Newsletter (It's FREE)!Stay updated with top real estate investing insights and strategies 🚀 Land Investor’s Action Plan (Free 5-Day Course!)Solve the 5 mistakes that keep investors stuck ⚠️ Land Buyer’s Survival Guide (Free 5-Day Course!)Avoid the 21 most deadly land-buying blunders 👉 10X Your Income from Land InvestingLearn how to start and supercharge your land investing business 😀 Join the REtipster Forum!Connect with experienced investors and get expert advice. 🛠️ All My Favorite Tools and Resources 🛠️The best software, services, and gear I use daily

095: Today I’m talking with Daniel Bear and Quinn Bilodeau.(Show Notes: REtipster.com/95)Daniel was one of the early members of the Land Investing Masterclass and has been an active member of our forum for a long time. I’ve seen him post all kinds of interesting stories, ideas, and suggestions for the community to mull over. He’s someone who, I can tell, generally puts a lot of thought into what is and isn’t working, and he’s able to convey it in a way that is genuinely helpful to others in our community.In this interview, we're talking with these guys to see what we can learn from their experience in the land investing business. 🙋🏻‍♂️ Get the REtipster Newsletter (It's FREE)!Stay updated with top real estate investing insights and strategies 🚀 Land Investor’s Action Plan (Free 5-Day Course!)Solve the 5 mistakes that keep investors stuck ⚠️ Land Buyer’s Survival Guide (Free 5-Day Course!)Avoid the 21 most deadly land-buying blunders 👉 10X Your Income from Land InvestingLearn how to start and supercharge your land investing business 😀 Join the REtipster Forum!Connect with experienced investors and get expert advice. 🛠️ All My Favorite Tools and Resources 🛠️The best software, services, and gear I use daily

094: In this episode, I'm talking with Federico Pomi, Co-Founder and CEO of Fabrica. Fabrica is a startup that aims to make real estate closings simpler than they've ever been. This is particularly useful to people who self-close (if you’re a land investor, you know how slow and time-consuming this process can be).(Show Notes: REtipster.com/94)With Fabrica, you can close a transaction in minutes. This is possible because each property on Fabrica is transferred into a trust (one Trust per property) and the trust is like a "container" for the title of the property. When a buyer comes along, they can buy the trust that holds the title. This means you no longer have to transfer the deed to them the old fashioned way (finding a notary, waiting for a cashier’s check in the mail, etc). You simply sell the trust to them, and they become the owner of the property through the trust.Changing the ownership of the trust is something that can be done digitally, enabling safe, instant, online transactions… which is much easier than handling closings the way we’re all accustomed to doing it. Fabrica also facilitates the transfer of funds and can assist sellers who are selling their properties with owner financing.We’re going to talk with Frederico about how this all works. And to make it even more interesting, we’re also talking with Travis King, who is an actual user of Fabrica. He has closed several deals this way and he’s going to help us understand what it’s like to use the software and how much easier it has made the selling process for him (and if there are any unexpected hiccups to be aware of). 🙋🏻‍♂️ Get the REtipster Newsletter (It's FREE)!Stay updated with top real estate investing insights and strategies 🚀 Land Investor’s Action Plan (Free 5-Day Course!)Solve the 5 mistakes that keep investors stuck ⚠️ Land Buyer’s Survival Guide (Free 5-Day Course!)Avoid the 21 most deadly land-buying blunders 👉 10X Your Income from Land InvestingLearn how to start and supercharge your land investing business 😀 Join the REtipster Forum!Connect with experienced investors and get expert advice. 🛠️ All My Favorite Tools and Resources 🛠️The best software, services, and gear I use daily