How to Buy Land for Cheap and Flip It for a MASSIVE Profit w/ Dan Haberkost
Description
EPISODE 398: Want to know how to buy land for cheap and flip it for a massive profit?
We've got you covered!
Today's guest is the incredible Dan Haberkost. Dan first got involved in real estate at 16, managing a portfolio of rental properties for his boss at the time. He started his own investment career at 21 when he bought his first rental property while still at college.
Since then, Dan has continued to buy more rental properties while building his land and development company, Front Range Land LLC. Through his company, Dan has bought, sold, and built on hundreds of pieces of land across the country, so you better believe he has many unique and valuable insights to share.
If you want to get involved in the land business, you've come to the right place.
Tune in!
Key Takeaways:
- 00:00 Intro
- 01:46 How Dan made his first dollar as a kid
- 04:21 Managing rental properties at 16
- 06:35 Closing the first deal at 21
- 08:24 Entering the land development game
- 09:43 Difference between infill lots and raw land
- 10:58 Identifying profitable real estate markets
- 14:57 By-right development
- 17:35 Financing challenges and strategies
- 26:01 Raising funds
- 27:04 Top 5 investing tips
- 28:59 Outro
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➡️ Reach out to Dan Haberkost:
• LinkedIn: https://www.linkedin.com/in/dan-haberkost-68b03371/
• Website: https://danhaberkost.com/
• Submit a land deal: https://gupland.com/
➡️ Visit https://reedgoossens.com/ and:
• Invest passively in multifamily real estate
• Get FREE access to my 100% Passive Real Estate Investment Masterclass
• Take a look at my portfolio
• Get FREE multifamily real estate resources
➡️ Follow me on social media:
• LinkedIn: https://www.linkedin.com/in/reed-goossens-b2a6a933/
• Instagram: https://www.instagram.com/reedgoossens/
• Facebook: https://www.facebook.com/reed.goossens/
➡️ Subscribe to my podcast:
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Investing in the U.S. is a podcast for real estate investors and entrepreneurs who want to break into the U.S. market and grow their wealth!
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