WIP 1070: Using the Sellers Money to Finance Big Land Deals and Make Even Bigger Profits

Wholesaling Inc with Brent Daniels

Find distressed properties for pennies on the dollar and turn them for huge profits!

Entrepreneurship, Houses, Make Money, News, Wholesaling, Wholesale Houses, Business News, Entrepreneur, Education, Cash Buyers, Real Estate, Business, How To, Real Estate Agent

4.9 • 1.4K Ratings

🗓️ 28 October 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Let’s all be honest; vacant land is one of the most overlooked and misunderstood ways to make money in real estate. There seems to be a widespread assumption that vacant land is a "weak" avenue because:

A. It’s expensive and not income-producing.

B. It just sits there, and nothing happens.

C. It isn’t exciting.

But if you open your eyes, you'll realize there’s so much more to the picture! Land investing, whether it be wholesaling raw vacant land OR earning passive income holding land notes, is neither boring nor complicated. Jon Jasniak is here to show us exactly that. He is out there earning BIG checks and buying large tracts of land, using one of the most powerful (think leverage) strategies—seller financing. If you want to learn more about this strategy head over to Brent’s Land Sharks program and become part of a growing community of real estate entrepreneurs who are all crushing it with land!

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Show notes:

(1:49) Why land is simple, straightforward, and easy
(7:21) Smart people can learn from their mistakes; wise people learn from others
(7:55) Jon shares some of the roadblocks and obstacles that he had to overcome to achieve the success he now enjoys
(11:23) What is a wraparound mortgage?
(13:23) A guide on sending out direct mail and doing seller finaning
(23:51) What interest rates is he paying his sellers to carry out seller financing?
(29:42) Why your first deal is (usually) your biggest bottleneck

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Resources:

Follow Jon’s Instagram here or follow his website at www.jonjasniak.com
Want to learn more? Check out the Land Sharks program.
To speak with Brent or one of our other expert coaches call (281) 835-4201 or click here to schedule your free discovery call

Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.

Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.

It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

Transcript

Click on a timestamp to play from that location

0:00.0	One land deal could change your life, which I'm sure you see and your students see it.
0:03.9	It's crazy.
0:04.9	Absolutely.
0:05.9	You know, we're talking, I'm talking big deals here, but you can do a land subdivision
0:09.0	for 20, 30 grand and do seller financing.
0:12.0	You don't need an attorney.
0:13.0	You just need to go share with the seller, but hey, Mr. Seller, I'll give you five grand
0:17.0	and then 25 grand over five years.
0:19.7	It's really simple stuff.
0:21.6	This is Game Changing Information, guaranteed to raise your real estate wholesaling business
0:26.4	with actionable steps you can take immediately to navigate the ins and outs of wholesaling
0:31.4	and start making money today.
0:34.1	Join us as we put our guests in the hot seat and dive deep to dissect their strategies
0:38.6	for success to enable you to duplicate their results.
0:42.2	You're listening to Whole Sailing Inc.
0:44.4	The only show dedicated to making you a fortune in wholesaling.
0:50.8	Hello, Rhino Nation, Whole Sailing Inc.
0:53.0	I've got the most amazing podcast for you today.
0:56.0	I got an expert land investor doing things a little bit differently than what we generally
1:01.7	talk about on here.
1:02.7	This guy is buying large tracks of land with seller financing.
1:07.2	He's using the seller's money to finance these deals and he's turning around and subdividing
	...

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