95: Dealing Dirt: Is Raw Land the Most Underrated Asset of 2023? w/Daniel Apke
On The Market
Shownotes Transcript
Land investing) may be the newest way to make cash flow) in today’s increasingly difficult housing market. With more and more investors fighting over real estate deals that break even at best, land investors are sitting pretty, with an almost unlimited supply of new investments and an even more robust pipeline of potential buyers. And while land investing may not have the passive income potential of a rental property, there are still numerous ways to** take home some serious cash flow** by dealing dirt.
Daniel Apke fell in love with land investing after a long history as a serial side hustler. He tried everything from ghostwriting romance novels to setting up stores online, but nothing gave him the financial freedom that land investing did. Then, thanks to a helpful tip from a mentor, Daniel was able to start buying land at SIGNIFICANT discounts. He would then flip this land on or off-market to anyone willing to buy, allowing him to walk away with a handsome payday WITHOUT dealing with tenants, toilets, or trash.
Now, Daniel has built an entire business out of flipping raw land, and the perks of a property-less lot may pique your interest. Whether it’s** low competition**, no permitting hassles, or the** ability to exit multiple ways**, land investing could be an attractive alternative to rental property investing as competition gets tough. If you think there isn’t much under the surface of these dirt deals, you’d be wise to stick around!
In This Episode We Cover
Finding financial freedom) through land investing and how you can repeat Daniel’s system
Land flipping)** explained** and where to find the most profitable lots of raw land
The** BIG bottlenecks you’ll face when selling land** and how to get past them with creative financing)
The land-buying business model and **how to buy, analyze, and sell dirt **
**Off-market land **and the best method to find undervalued lots with low competition
Subdividing and lot splitting to make the most out of a large plot of land
**Land demand **and whether or not this type of activity will last for years to come
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent)
Join the Future of Real Estate Investing with Fundrise)
Connect with Other Investors in the “On The Market” Forums)
Subscribe to The “On The Market” YouTube Channel)
The Risks and Rewards of Investing in Raw Land)
Connect with Daniel:
David's BiggerPockets Profile)
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-95
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]).
Learn more about your ad choices. Visit megaphone.fm/adchoices)