235: In this episode of the REtipster Podcast, I sat down with Steve Hokanson, land investor, founder of Thacksland Books, and one of the few people who’s seen the actual numbers behind dozens of land investing businesses.
(Show Notes: REtipster.com/235)
Steve provides fractional CFO and bookkeeping services to land flippers, which gives him a front-row seat to the real profit margins, biggest mistakes, and surprising truths in our industry.
We talked about:
- Why 40% of land investors are scaling back or quitting
- Where people overspend (and don't even realize it)
- How to do seller financing the right way
- The silent expenses that destroy your margins
- What separates the most successful land flippers from the rest
If you're trying to grow your land business and want to avoid expensive mistakes – or if you want a realistic look at the current land investing landscape – this is an episode you don’t want to miss.
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