Podcast Episode 8 Land Investing
I had the pleasure of speaking to Scott Todd. Scott owns a land investing business where he buys and sells raw land in the South West. Scott turned to land investing after finding out that he was going to lose his job. He found out about it from Mark Podolsky the Land Geek, you can find out more about Mark at Land Geek. By following Mark Podolsky’s course on land investing Scott was able to replace his corporate job and live on the profits from his land business.
The highlights of how Scott did this are below. Scott focuses on buying land at extremely low prices, 25% of market price. He is able to do this by sending offers to purchase to vacant land owners. Scott finds the owners of these properties at a county office. This type of real estate investing model is based upon a numbers game, where you send many offers to vacant land owners. Scott said that he has been able to average 1.5 deals for every 100 mailer that he has sent out. This method of investing has the ability to be scaled by increasing the quantity of offers to vacant land owners.
If you want to find out more about land investing and about Scott Todd then go to Scott Todd.
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