The Jack Bosch Show

On today’s episode of the Forever Cash Podcast, I’m going to answer a question that’s on a lot of people’s minds right now: is hyper-inflation something we need to be worried about in the near future?  I don’t have a crystal ball, but I do have an extensive background in economics and finance, and I’m absolutely passionate about it. I’m constantly putting myself in a position to figure out what the market is thinking. So let’s dive in! What Happens When You Keep Printing Money A large number of people right now think that hyper-inflation is inevitable. Others are saying, “America is good. We’ll be fine. We’ve always been fine.” But one thing we can all agree on is this: inflation is coming, one way or the other. Here’s the deal. You can’t expect to constantly print money without inflation happening in the near future. Now, the question is: will it be hyper-inflation or more like the 1970s where we had what we call a “stagflation?” A stagflation is where interest rates go up, prices go up, people don’t have money, and we have stagnation and inflation together. Let Me Take You Back to Germany Most of you know I’m an immigrant from Germany. In the 1920s, Germany started World War I, lost WWI, and then Peace Accords were held in Versailles. The other countries forced Germany to pay huge amounts of reparations. We’re talking the equivalent of trillions of dollars in today’s money. As a result, Germany started to sell off everything they could—their reserves of gold, whatever buildings were left standing, but it wasn’t enough.  So, they decided to just print more money. At first, the other countries didn’t notice. The population didn’t notice. But then they did. All of a sudden, Germans had a bunch of money. They had just survived the war and weren’t going on buying sprees, but there’s a point at which that balance tilts. They start realizing that they have enough money and they’re safe.  Or they start realizing that the government is printing money like crazy and their money is quickly losing value. Germans started spending their money and prices started going up fast The Velocity of Money If I have a hundred dollar bill in my pocket and keep it there, it’s basically taken out of circulation. If the government prints a trillion dollars, and everyone receives a $1400 stimulus check and everyone keeps it in their bank account, then nothing happens.  However, let’s say I take this $100 bill and spend it today at the grocery store, then the grocer spends it at the bakery, and so on. In the matter of a week, this $100 bill changes hands 20 times. Then it behaves like $2000 in the economy. As the velocity of money increases, it behaves as if it was more money than is in the market. That’s where the danger comes in. Once the velocity of money increases, the economy starts spiraling. Prices go up immediately. During the 2008-2009 recession, there was a big bailout. Now, with Covid in 2020-2021, it’s going up again. Since the U.S. dollar was introduced, 30% of all the money that has ever been printed has been printed in the past 12-14 months (multiple trillions of dollars). The big question mark of how much and how fast inflation increases: what are people going to do with the money from the government? If they start believing that the government is printing too much money, and the value of their money is going to decrease, and they spend all the money, we’ll go into an inflationary cycle. If they save the money for a rainy day, then we won’t see much inflation. What the Rest of the World Thinks of Us The U.S. dollar is still the number one reserve currency in the world. Ninety percent of all the reserves in the world that are not held with gold are held with the U.S. dollar. This will not change overnight. But, if the U.S. keeps printing money, soon these other governments will lose trust in the U.S. dollar and convert back to silver and gold. If they send U.S. dollars back, we’ll have hyper-inflation.  Definitely keep an eye on this, but I don’t see it happening any time soon. Our status in the eyes of other countries is safe for now.  What This Means for You  We don’t have to fear hyper-inflation, but is a 5%-10% inflation possible in the next 12-18 months? Absolutely.  How to protect yourself: Invest in hard assets Learn how to make money Lock down low interest rates Jump on this boom time and buy/sell land The outlook for land continues to be great, very bullish. People have money to spend, and they’ll buy land—for recreation or as an investment. This is good news for us in the land flipping business. What’s Inside:  How technology impacts inflation How our GDP compares to our national debt Why other countries trust the U.S. dollar over other currencies (for now) Mentioned in this episode: Join the Land Profit Generator Community Facebook Group. Join our next FREE 5-day Land Flipping Masterclass starting on May 10.

On today’s episode of the Forever Cash Podcast, I’m handing over the reins to David Van Ginhoven, a valuable member of our Land Profit Generator team. He’s passionate about helping those with no experience in real estate transform their lives using our powerful business model. And he does a great job of it. How It All Started Why does David love helping people with zero land flipping experience? Because he was in their shoes a few short years ago. He was driving a FedEx truck, making decent money, but he soon realized he wanted more from life. His first thought was real estate, until he realized what a saturated market Dallas was (65,000 registered realtors). He didn’t give up though. He started researching the easiest, fastest, cheapest, safest way to make money in real estate. Of course he came up with LAND. Land is the primordial essence of real estate, he says. It’s literally the building blocks, the foundation. Thankfully, the foundation is the end product for us. It’s not complicated. When he started, he had a lot of insecurities and fears. He was scared to talk to sellers. He felt like they would see him as an impostor because of his lack of experience. He says he knew immediately that, if he was going to commit to land flipping, he needed the right instructions and guidance and support. He didn’t want to rely on luck. He discovered the Land Profit Generator Program and community, and it was exactly what he needed. And now he gets to work with us, being part of the solution for people who want to get out of the rat race. That First Deal David’s very first deal was a piece of land in Nevada that he bought for $2000. He calls it a desert square of nothing. Doing that deal gave him an exponential amount of energy and confidence. It validated that he could do this. “This is the system and the process, and it works,” he says, “and it’s even easier than I thought. It changed my life forever.” The Land Profit Generator process is simple.  Doing some research Doing marketing Onboarding your leads Getting deals accepted Posting your deals Selling your deals Rinse and repeat David believes that your commitment to that process determines your success. When he first got started, he says, “I watched as many YouTube videos and podcasts of Jack’s as I could.” Then he jumped right in, and when he made mistakes (like a mailer that completely flopped because the data for the county wasn’t up-to-date), he got back up and kept going. Land Is Here to Stay David quickly learned that land investing is here to stay. It’s not a gimmick or a trend. It’s a consistent model that will change your life forever. People need land. The beautiful thing for us is that not everyone is using it. If someone owns a car, a truck, a boat, a house, and some land, and they need some money, they’re going to sell the land. If they’re not using the land, then selling it won’t change their lifestyle. People don’t want to change their lifestyle. No two land flippers are exactly the same. David doesn’t like the steep competition that goes along with bigger deals (some people do). He likes low-priced deals and a lot of volume. Typically, he goes for $5k deals and sells them for $17k or $10k deals he sells for $30k. And he’s been very successful at it. He also loves the passive income of land flipping. He’ll buy a piece of land for $1000 and sell it for $5000. He takes $1000 on deposit, and gets $200/month for the rest. That $200/month is pure cash flow. No more worrying about bills. Join the LPG Facebook Community David tells everyone he meets about the Land Profit Generator community on Facebook. “There are 16,000 people in there meeting each other and getting their questions answered,” he says. “It’s amazing. There is so much support waiting for you here. Just plug in. I love meeting people. I’m so curious about you and your story and how you got here and what your dreams are.” He wants to answer your questions, calm your fears, and help you transform your life. Thank you, David, for taking the time to share with us today. What’s Inside:  Some early failures David learned from The huge financial impact land flipping has had on his life What he wishes he would have known when he was just getting started Mentioned in this episode: Join the Land Profit Generator Community Facebook Group. Join our next FREE 5-day Land Flipping Masterclass starting on May 10.

This episode of the Forever Cash Podcast has nothing to do with land flipping and everything to do with land flipping. No matter what your business, core values are crucial to your company’s success. Learn From Our Mistakes In 2002, we started flipping land and took our company to 30 employees doing 80 land deals a month. Now we can do as many deals as we want, because we’ve outsourced everything. Back then, we were doing it all in-house.  What we did not have back then was a proper corporate culture. That led to a revolving door. People would come in, and they would basically work for the money. If they found someone else who’d pay them $5000 more a year, they’d leave. There was no mission, no focus on team, no clarity as to what we stood for as a company. We had built an eight-figure business, but we were constantly hiring people, because they would come and go. What was happening? What could we do to fix this? Thankfully, we got exposed to the concept of a proper corporate culture and the importance of being a core values-centric company. Core values aren’t just business ethics. There’s no such thing as “I’m ethical in my personal life, but in my business life, I screw people.” That’s not how it works. You either do good or you do bad. We don’t have a dual standard in our lives. We live an ethical life across the board. Why Core Values? Core values are values you embody as a person. You own your company, and so you drive the core values. These values have multiple purposes in your life and business. They: attract those who share those core values. repel those who do not. allow you to pick out the bad apples in your company and let them go You magnetize those who live according to your core values. Honest, stand-up people attract other honest, stand-up people.  Our Five Core Values You can make your core values whatever you want. Here are ours: #1: Take Bold Action We’re empowered to make bold decisions, even if it means being wrong some of the time. We believe in self-initiative, resourcefulness, and creativity to produce top quality results and have a massive impact. I’d much rather have someone lean out the window, and I have to rein them in, than them not being brave and bold.  #2: Be Excellent Yes, you can mess up. If the spirit of the action was trying to make the company better, you won’t get penalized. We’ll make adjustments, but you’ll get applauded for the attempt. We only give our best effort, and we’re committed to holistic growth. I do the best I can and always get better. We want our team continuously growing and taking on new challenges. If you just want to cruise through life and do the minimum, our company is not for you.   #3: Embody Integrity We believe in honest, authentic, open relationships through communication in all interactions. We don’t talk behind people’s backs. Integrity really means doing the right thing, in particular when no one is watching. If you live by integrity, it’s simple. You promise, you do it.  #4: Be Transformational Michelle and I made the commitment a long time ago that everything we touch will be transformational. Even our team members and students. If you work with us for years, and then leave to pursue other dreams, we want you to leave equipped to be a CEO immediately. We want to make real changes in people’s lives.  #5: Be All In  We’re not an 8-to-5 company. We don’t do anything half-assed. We go all out. We work hard and play hard, and one of our mottos is Whatever It Takes. The road is empty on the Extra Mile. That’s the road we want to take. Your Core Values Are Everything These core values will become your company’s DNA. It’s not just a piece of paper stuck on the wall. Go over it with your team once a month or quarter. The moment they get hired in our company, they have to sign it and commit to being on board.  These core values are something we LIVE every single day. What’s Inside:  What to do when an employee isn’t on board with your core values What integrity looks like in real life Questions to keep in mind as you map out your core values Mentioned in this episode: Join the Land Profit Generator Community Facebook Group. Find out more about our Land Profit Coaching Program.

In this episode of the Forever Cash Podcast, I share 5 characteristics of a person who has what it takes to win in land flipping. But, really, these characteristics are key to winning at anything in life.  #1 Have a Goal. If you don’t know where you’re going, how will you know how to get there? Most people are just floating through life. They have a job they don’t like, but it makes “enough” and they “don’t hate it.” I call this “comfortable misery.” No goal of saving a million dollars in the bank. No goal of becoming executive vice president. They might say, “I want to change my life.” But, if you’re not specific about it, you’re going to fail.  Those who win in land investing have looked into our Land Profit Generator community, have seen other successful people with a lifestyle they want, and they’ve made specific goals:  I’m going to make $300k in the first year.  I’m going to do 25 different deals.  I’m going to outsource it at this specific point in the process. I’m going to do xyz to free up the time and money to do that. #2: Know Yourself. You wouldn’t believe how many people don’t truly know themselves. Do you know your strengths and weaknesses? Do you know your tendencies when it comes to your work ethic? If you have a bookshelf full of self-help books and courses, and you haven’t even cracked the cellophane on most of them, you don’t know yourself. Are you an extremely disciplined person that, once you make a decision, you hold on like a bulldog and won’t let go? My daughter is like that. She comes home from school and doesn’t want to go out for ice cream until she’s finished her homework. She gets that from Michelle, who is very disciplined and responsible. I have the tendency to start something, get sidetracked, start something, get sidetracked. If I want to be successful, I need to put myself in an environment that doesn’t allow me to fail. #3: Create an Infrastructure of Support We have these artificial constructs all around us that keep us in line when our natural tendencies lead us astray—like high school, college, a job. They keep us disciplined when we don’t want to be. If we go out on our own, we have to create artificial infrastructure to maintain our discipline so we don’t back out.  We do this for you in our coaching program. We provide a structured environment that helps you, protects you, and accelerates you, all while holding you accountable. We plug you into an ongoing support system to get the answers you need and help you stay on track. We teach you how to build a sustainable business and walk through life with your head held high. #4: Know Your Why Why do you want to move out of your current situation? Are you working 60 hours at a job you hate? Is there someone in your family who is in poverty, and you could break them out of that? Do you have big dreams for you and your partner and/or kids? You need to put that “WHY” in front of you so that your urgency to make it happen is BIG. Then, if you get sick for a week, your kids get sick for a week, or some other big life obstacles get in your way, you’ll have the drive to get back up, get going, and start that momentum again. #5: Be Consistent and Persistent. Everyone wants to wake up wealthy tomorrow. They want that magic pill, that magic wand. But Rome was not built in a day. You’ve got to put effort in, step by step, day after day. Do something every single day, and do it consistently no matter what. Put the blinders on. Make the commitment. Get in line. Stay in line. Chip away. Get the right support system and just march.  If you can put 5-10 hours a week into this business on a consistent basis, and get the proper coaching, there’s no way in hell you’re not going to be successful.    What’s Inside:  Success stories from some of our new land investing students How to stay laser focused on your goals Why our Land Profit Coaching Program is so successful Mentioned in this episode: Join the Land Profit Generator Community Facebook Group.   Find out more about our Land Profit Coaching Program.

In this episode of the Forever Cash Podcast, I sit down with Rana Vig who has been an entrepreneur for over 35 years. After losing a million dollar investment in the mining industry during the 2009 recession, he got into the cannabis industry. Now he believes mining is making a comeback, and he’s ready to invest in silver and gold again.  Forecasting a Hard Metals Supercycle I asked Rana how he knows that hard metals are coming back, and he said because mining is cyclical. It’s been 10 years since the collapse, and a supercycle is coming. It’s time. A supercycle is a period of high demand that leads to a surge in prices. It’s followed by a collapse of demand (and eventually prices as well). Rana says the world has never seen a crisis like we’re seeing today. The pandemic is causing chaos and further economic downturn. Then you’ve got riots and unrest in various countries. Governments all over the world are completely broke and trying to figure out how to keep the economy propped up. They’re printing unprecedented amounts of money. What does that do? It leads to inflation and devalues the currency. Gold, on the other hand, likes instability. Gold is an established currency that the market falls back to, in order to account for insecurities. Every time there’s a big insecurity, gold prices spike. Gold is entering a supercycle. It’s already significantly up from last year, and Rana expects it to go much higher. Real Estate Is Another Hard Asset That Becomes More Valuable Precious metals and real estate are both hard assets, but gold and silver aren’t investments so much as something you keep to protect your wealth. As formidable investor Warren Buffett is famous for saying, “Gold won’t do much except sit there and look at you.” Ironically enough, Buffett invested in a major gold company for the first time recently and made headline news.  Real estate, on the other hand, is not only a long-term investment, it can bring in cash flow in addition to appreciation. Our land investors know this quite well. In the 70s, Rana’s father was an engineer making $40k a year. The first house he bought in Vancouver, British Columbia was $40k. Today that same engineer makes $85k, but that house is worth close to $1.5 million. Rana reminds us that it’s always recommended that about 10% of your portfolio should be in hard assets. Our land investor students are always looking for ways to invest their money. They’re asking smart questions like: Where do I put it? What risks are coming up? Which industries are about to falter? Which industries are about to grow? Investing in Mining Companies Rana recommends investing in gold and silver, yes, but also investing in actual mining companies as well. When these commodities get into a supercycle, for every small incremental rise in gold cost, the stock of that company multiplies. That’s when you get your biggest bang, your biggest leverage. Rana recently started a company called Blue Lagoon Resources. A research company just released a report saying they believe Blue Lagoon is 50% undervalued, making it a good time to invest. We don’t know the company that well, so this is not an endorsement, but it’s educational, and I encourage you to check it out. I’m not qualified or licensed to give investment advice. My job is to open people’s minds to think differently, look at different asset classes, and invest accordingly.   It’s times like these when generational wealth is created. Times of great change always bring with them great opportunities. The one who shies away from the change is the one who will miss out on everything. The one who leans into the change and follows the change and figures out the change is the one who will be exponentially rewarded for it.  What’s Inside:  How environmentalism and the pandemic are ushering in a copper supercycle How mining directly impacts land investing Forecasting economic trends   Mentioned in this episode: Join the Land Profit Generator Community Facebook Group Find out more about Blue Lagoon Resources

In this episode of the Forever Cash Podcast, Jack shares the State of the Union in Real Estate, land investing in particular. He tells us what’s going on in the market right this minute and forecasts what things will look like in the coming months. A Global Pandemic: One Year Later It’s been a year since the U.S. shut down in response to the global outbreak of Covid-19. Immunization is proceeding slowly but surely. Leading experts say we’ll hit herd immunity in April or May 2021. This means: Infections will go down Restrictions will get lowered States (and countries) will open back up People will return to work Travel will resume We’ll get back to a halfway-normal economy, but we have a lot of catching up to do, especially in manufacturing. There will be a short-term boom in blue-collar work. Because of the stimulus money, increased unemployment money, the foreclosure moratorium, and another big stimulus on its way, there will be a floodgate of money coming into the market. What’s In Store For the Housing Market The pandemic has affected the real estate world greatly, and it will continue to have an impact. Let’s start with the housing market. People living in houses don’t own them free and clear. They have to make monthly mortgage payments. They can only make those payments if they have jobs. They only have jobs if the economy is open. Interest rates are low and house prices are high. Some people are going to lose their houses. Others will be able to sell out of their delinquent situations and come out on top. A lot of people are going to refinance at those low interest rates and still be in good shape. The rental market is going to do well. People will sell their houses and rent temporarily before they buy again. Land Investing Is ON FIRE Land investing is on a continued trajectory for awesomeness. Land is still one of the last areas in the real estate market without much competition. People are moving out of cities and into the suburbs, and that trend will continue. This year has conditioned us to want space. People don’t want to live on the 27th floor of a highrise in New York City these days. They want land away from crowds and traffic. Properties on the outskirts of town, recreational acreage for weekend escapes, will continue to be in high demand even as the economy opens back up. Why?  People will continue to work from home and don’t need to live close to the office. They rented land for RVs this year and now want to buy it for themselves. They’re using stimulus money to invest in a piece of land they can retire on someday.  Land investing is hot right now. It’s on fire. The best time to get started in land investing was a few years ago. The second best time is NOW. What’s Inside:  The important difference between the 2009 recession and today The lasting impact of this pandemic Why the next 1-2 years will be incredible for land investing Mentioned in this episode: Join the Land Profit Generator Community Facebook Group If you are ready to take your land investing business to the next level, join us for a FREE 5-day Land Flipping Masterclass, starting on March 15th. Register HERE: www.landprofitmaster.com

In this episode of the Forever Cash Real Estate Investing Podcast, Jack hosts his wife and partner, Michelle Bosch, as she breaks down the five layers of leadership. Do You Have What It Takes to Be a Leader? If you’re reading this right now, you’re most likely a leader. Leaders are those who take control of their destiny, are committed to lifelong learning, and invest in personal growth.  What defines a leader?  Leaders go first They break new ground And they open up new ways for others to follow Being a leader can be a lonely road. You might feel as though you are the first to explore a particular path, which can feel overwhelming at times. Feeling this way is normal and a good sign that you are on the path less travelled, which is the right place to be. The Five Layers of Leadership Leadership, like mastery, happens in phases. When you are growing your land investing business, you will progress through four stages: courage, commitment, competence and confidence. (Register for the upcoming Land Profit Masterclass to find out more about the four C’s of growth in your land flipping business: http://www.landprofitmaster.com). As your thinking and approach to life shifts in response to your growing business, you will also progress in your journey as a leader. Michelle identifies these stages as follows: Learning to lead yourself Leading your family Leading your team Leading a community Leading a movement   If you’re just getting started on your journey as a leader, your first step is to lead yourself out of your limiting beliefs and mindsets. Like the mindset that says you’re trapped in a 9-to-5 job you hate. Once you master this all-important step, your circle of leadership grows exponentially. While challenging on many levels, it is an enriching journey of self-discovery that is well worth undertaking. What’s Inside: The 5 critical leadership qualities How to tell the difference between taking risks and being restless What sets leaders apart from everyone else Mentioned in This Episode: Join the Land Profit Generator Community Facebook Group If you are ready to take your land investing business to the next level, join us for a FREE 5-day Land Flipping Masterclass, starting on March 15th. https://landprofitmaster.com  

Selecting the right county records is incredibly important to the success of your direct mail campaign. We recommend targeting properties with a value of $5,000 - $200,000. However, each state has different laws governing the way counties assess this value. In this episode, I'll explain the difference between market value & assessed value and how you can keep this in mind when compiling your next mailing list. This podcast was recorded as part of our Winning Wednesday live series. Every Wednesday at 10AM PST on the Land Profit Generator Real Estate Investing Facebook Group, I answer your questions and delve deep into real topics that affect land flipping business owners. What’s Inside: Find out how to select the right records from the county Learn the difference between assessed and market value Understand how to optimize your direct mail campaign by tar Mentioned in this episode Join the Land Profit Generator Community Facebook Group Find out more about the Investment Dominator at https://investmentdominator.com/

We love seller financing deals. They provide us with regular cash flow every single month and allow our students to pay off all their expenses incredibly quickly. However, if you are not careful, you might get stuck with a huge tax bill. In this episode, I discuss a tax loophole that will allow you to save a ton of money! Just remember to double-check everything I say with your CPA - I am not a lawyer. Take your land business to the next level at our upcoming 3-day live event! From 19 - 21 February, I'll give you the step-by-step blueprint to the 5 proven ways I personally use to make money in real estate right now so you can make a fortune in today's market. Go to https://www.landflippinglive.com This podcast was recorded as part of our Winning Wednesday live series. Every Wednesday at 10AM PST on the Land Profit Generator Real Estate Investing Facebook Group, I answer your questions and delve deep into real topics that affect land flipping business owners. What's inside: Find out about dealer status and how to get around it Learn how to save on your taxes Understand the tax loophole that will save you money Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/ Register for our upcoming live event and take your land business to the next level at: http://landflippinglive.com/ Get in touch with our CPA at: http://tacpas.com/

Land flipping does not have to cost you a ton of money! In this episode, I discuss how you can double-close on a land deal without using a title company. This means you can flip land without ever having to put any of your own money into the transaction! And, you can avoid title company fees in the process. You'll discover how and when to do your own double-closing on a land deal. This podcast was recorded as part of our Winning Wednesday live series. Every Wednesday at 10AM PST on the Land Profit Generator Real Estate Investing Facebook Group, I answer your questions and delve deep into real topics that affect land flipping business owners. What's inside: Find out how to double-close without a title company Learn when to self-clsoe Understand how to flip land without spending money on a property Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/