In this episode of the Real Estate Development Land to Legacy podcast, we chat with Brad Warren, a business coach and trainer who’s been in the game for over 30 years. Brad introduces us to land banking—a long-term investment strategy where you buy vacant land in areas expected to grow. Instead of flipping properties or looking for quick returns, this approach involves holding onto land for 7 to 10 years, with the hope that its value will increase as development moves in.
This isn't too dissimilar to development but requires much less work and some strategic planning.
Brad breaks down why his company focuses on specific areas near Los Angeles, like Lancaster and Palmdale, and how they pick the right land. He also talks about the kind of returns investors can expect and why patience is key in this type of real estate investment.
If you’re curious about a different way to invest in real estate that might require a bit more time but could pay off in the long run, this episode is for you.
To learn more about land banking or to get in touch with Brad, you can email him at [email protected]). He typically responds within 24 hours, even when he’s on vacation