096: Unleashing Your Inner Entrepreneur Through Land Flipping with Travis King

For many new real estate investors, land is almost an afterthought. Instead, they focus on house flips, single-family residences, or even multifamily properties. However, for those who need a low barrier of entry to real estate investing, land could be the foundation for building your portfolio.

On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes guest Travis King to the show. Travis is a practiced land flipper and, along with his wife Becca, has completed hundreds of land flips. Today, he operates a coaching and educational service business for others who want to get into land investing. Travis has done over 1,000 one-on-one coaching calls and has the expertise to guide individuals interested in investing in land.

Jonathan and Travis start their conversation by exploring what drew Travis to land versus other asset types. The low entry barrier for land investing initially drew him to it. Still, Travis quickly discovered the magic in subdividing land and how easy the Internet made it to find parcels available for purchase. They cover Travis King’s favorite property types, what he recommends for starting your land investing search, and what he calls the triple play. Finally, Travis explains how he leverages his land business to invest in other asset classes and teaches others to do what he does.

If you find land intriguing and want to start investing without needing a lot of extra cash, this is the show for you!

In this episode, you will hear:

Travis King’s introduction to land deals as a kid and how that led him to real estate investing
How layoffs at his W-2 job caused Travis to realize he needed to build an income stream outside of an employer
His first land investment, the low barrier to entry, and how it propelled him into bigger deals
Why Travis didn’t want to start real estate investing with more than $500 or $1,000
The challenges he faced as he got started and when he decided to find outside capital
The magic of subdividing and land’s similarities to other assets without all the due diligence and landmines
Finding parcels available for purchase and why the Internet changed how it’s done
Marketing land parcels to find buyers and the benefits of partnering with a real estate agent specializing in land
What Travis King learned early on in his land career about buying land
His favorite types of property to purchase
Travis’s recommended ways to begin your land investing search and the ideal market value percentages to look for
The triple play: capturing equity, forcing appreciation with a subdivide, and interest income from selling it on payments
How his land business allows him to invest in other asset classes without using W-2 income
Using agents to build a team approach for buying assets
Travis’s methods for teaching others how to do what he does
What land has allowed Travis to do in his life and why focus is key

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