Unleashing Your Inner Entrepreneur Through Land Flipping with Travis King
On this episode of Zen and the Art of Real Estate Investing, Jonathan explores land investing with guest Travis King. While many new investors gravitate towards residential properties, Travis, a seasoned land flipper, highlights land as a starting point for building a real estate portfolio. Having completed hundreds of land flips and conducted over 1,000 coaching calls, Travis shares his knowledge to guide investors intrigued by investing in land.
Jonathan and Travis explore the factors that drew Travis to land over other asset types, emphasizing the low entry barrier. Travis shares his thoughts on the magic of subdividing land and leveraging the Internet to identify available parcels. Their conversation covers Travis's preferred property types, tips for beginning a land search, and the concept of the triple play. Additionally, Travis reveals how he uses his land business to venture into other asset classes. If you're intrigued by land investing and want to start with minimal cash, Travis offers the expertise you need.
You’ll hear Jonathan and Travis go over:
Travis was initially attracted to land investing because of its low barrier to entry. His first investment was $500. They later sold it for $2,000.
Choosing an agent who specializes in land can be a game-changer. They have information about the area and the land they’re buying and selling that other agents just won’t have.
Helping other investors online eventually led to starting his coaching business.
You need outside capital to move beyond small deals into much larger ones. Travis discovered that subdividing parcels of land forces their appreciation, creating increased profits from one property.
Getting started in land investing doesn’t have to be expensive, and Travis King offers tips on where to look for bargains. If you’re interested in starting your investing career with land, this episode is a must-listen.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out http://www.trustgreene.com/podcast/zen/096.