At the age of 25, Dan Haberkost has managed to build an impressive real estate business & portfolio that allows him the freedom to live & work where he wants while spending a tremendous amount of time in the mountains and on the beach. Dan’s first foray into the world of real estate investing was as a teenager when he managed a portfolio of properties for his employer at the time, while still in high school! Dan took the lessons he learned from these early experiences and brought them into his own business allowing him to shorten the learning curve and make an enormous amount of progress in just a few years which has given him complete freedom in his mid-twenties.
During the show we discuss:
● How to send hand-written mailers to landowners to tell them you want to buy
● How to use tools like PropStream to do research on what you should buy
● Why people buy land, then develop it, and make it available to sell
● What kind of due-diligence process should you use before buying
● Why land investing is the best way to invest into real estate
● How to use Zillow to find the perfect piece of land to buy
● The pitfalls you’ll often run into when building land
● The type of land you should be focusing on flipping
● Advantages and disadvantages of investing in land
● What to send to sellers to start the purchase price
● The kind of profit margins you can make on land
● How to buy land for 30-40 cents on the dollars
● How to get the money you need to buy land
● How to know the right type of price to offer
● Where you find pieces of land to buy
● How to sell land to other investors
● How to best sell land for a profit
● How to invest in land
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