EP 36: Jack Bosch - Let's Flip Land!

We have a special episode prepared for you today. On this podcast (and all the other podcasts you listen to), we’ve had so many people talking about wholesaling, flipping, mobile home parks, apartment buildings, and multifamily investing. But this guy on the episode is in a space that you might have never even heard of before! Join our host, Vee Khuu, and the “Land Guy” himself, Jack Bosch, as they dive deep into the world of selling land! This particular niche is something that not a lot of people are talking about. Somehow, this business has gone under the radar to many people despite it being easy and lucrative! Jack’s students use an effective program to profit handsomely and enable them to venture into other passions or businesses. So, make sure to stay tuned, and enjoy the show here on the Real Estate Lab!

Learn how you can 10x your profits in the business of selling land! Listen to the show now on the Real Estate Lab Podcast! https://bit.ly/RealEstateLabPodcast

Resources:

·        Jack’s Facebook

·        Jack’s Twitter

·        Jack’s YouTube

·        Jack’s Instagram

·        Jack’s Website

·        Land Profit Generator

·        Email: [e-mail]

 

Connect with Vee Khuu!

• Website
• Facebook
• Instagram 
• Linktree

Outline of the Episode:

• [05:44] Honduras versus Germany. Who would win?
• [07:01] Coming to the US from Germany in 1977 and falling in love with the mentality.
• [08:50] Buying a piece of land for $400 and selling it for $10K!
• [14:16] What do his buyers do with the land they get? They’re usually the same as him!
• [18:53] Selling land and different exit strategies. 
• [20:58] Double closing, assignment, and wholesale deals. Getting profit just from downpayment!
• [26:12] Dodging Dodd-Frank regulations and the IRS!
• [30:44] Taxes paid when selling land and strategies you can use to your advantage.
• [34:16] Figuring out the value of a piece of land.
• [39:46] Assessed Values and the math behind a property’s worth.
• [42:10] Not having to do a lot of due diligence. 
• [48:51] Minimizing your efforts and costs by having the buyers conduct the surveys.
• [51:46] A typical conversation with a se