If you ever wanted to own land, but couldn’t find the perfect system then this video is for you. P.J. Reilly was born in Barbados and grew up in the military. Landed in Denver and graduated from college in Western Colorado. Got out of high school and college with a 2.0. He recalls it with humor! He has been a personal trainer, done direct sales, failed at insurance, and was a professional fighter. Fast forward to today he is in the dirt game. Buying and selling land all over the country. Great business that anyone can be a part of! let's watch the video Make PASSIVE INCOME by Flipping Vacant Land Episode 28 with PJ Reilly
KEY AREAS:
0:00 - Intro & the early years
3:35 - First land deal
6:55 - Deal size
7:42 - Margins
10:18 - Buyer stops paying
12:41 - Why do sellers sell
14:03 - Business structure & process
19:40 - Almost never visiting properties
20:35 - Areas of choice
24:04 - Future of the business
The following topics were covered:
✔ How to start a land-flipping business
✔ Step by step process of creating a near complete automated process to procure and sell land
✔ How to find vendors/freelancers who can help automate the system
✔ How to sell land online
✔ How to become profitable within the 1st deal
✔How to make 2-3X return on each deal
✔How to structure deals
Ways to get in touch with him:
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▶ EVERYTHING You Need To Know About Being A Leasing Agent In Los Angeles | Episode #29 with Raine Phillips
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▶ How to Work with Family in Business (Episode #22 with Keith Daubmann)
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𝗖𝗿𝗲𝗱𝗶𝘁𝘀:
General background music:
Music from Uppbeat
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License code: TSHQEQTIX8AIZKSY
I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice, etc., and may be outdated or inaccurate; it is your responsibility to verify all information yourself. I am not an investigative journalist. This is a YouTube video for entertainment purposes ONLY. Please do not make buying or selling decisions based on our videos or opinions expressed by our guests. If you need advice, please contact a qualified professional.
#flippingland #podcast #realestate
𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗦𝗲𝗮𝗿𝗰𝗵𝗲𝘀:
buying and selling a property
flipping land
real estate property
real estate property value
success stories entrepreneurs
top money-making businesses
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