Real Estate Investing Show for Professional Investors
Jack Bosch And the Secrets of Land Only Investing Part One
Apr 03 2019
Jack flips land like investors flip houses. Some are quick transactions and some are long term and generate residual income.
Three types of land:
1) On the edge of the city
2) Raw, rural land out in the middle of nowhere
3) Land in the city ready to build on.
Jack wholesales them. He also focuses on properties below $100K. He buys a $30K property for $5K and sells for $16K.
Students in Germany, Japan, Jamaica are doing deals in the USA.
He also sells with seller financing. A 15% down payment covers your cost. And now they pay $400 a month for the next 8 years. No repair issues.
Land is almost competition free.
Jack has done deals in 17 states so far.
Buyers are found on Craigslist, RedFin, Zillo and FB MarketPlace (#1).
One student had 5,000 inquiries on one deal on FB Marketplace. He ended up with over $20k in profit.
New investors should know yourself and where youare in life. How much you know about your business, etc. Then design a strategy based on that.
There are big differences between $20K deals and $8,000,000 deals.
Known as “the Land Guy,” Jack Bosch is a real estate investor, educator, husband, and father. Originally an immigrant from Germany who came over with just 2 suitcases and a bunch of student debt, Jack (with his wife Michelle) have found their niche in Real Estate. Since 2002, they have been buying and selling lots and unimproved land and have flipped more than 4,000 transactions. It only took them 18 months to go from Zero to $1,000,000.
Since 2008, Jack and Michelle also have been educating those who either find houses too challenging or are unsatisfied with the competition and teaching them how to make more money from simple land and lot flips. Plus, they have figured out a way to make land cash flow massively and consistently with checks coming in for years and even decades.
In addition to land flips, Jack and Michelle also own a portfolio of rental houses, commercial properties and even large apartment buildings. However, land and lots is their first passion because as Jack says there are no “Tenants, Toilets and Termites” on land, which really means no repairs, no inspections, no mold, no contractors. While still flipping over 100 properties a year, they now spend 2-4 months a year traveling the world with his family.
They designed their business to fit their lifestyle, and the cash and cash flow from the business and investments allows them the luxury of living life on their own terms.
Jack is also a #1 bestselling author of the financial literacy book "Forever Cash, break the earn-spend cycle, take charge of your life, and build everlasting wealth" - https://www.amazon.com/Forever-Cash-Earn-Spend-Charge-Everlasting/dp/1614487820 and hosts the successful podcast “Forever Cash Life - Real Estate Podcast".
Connect with Jack at https://www.facebook.com/groups/LandProfitGenerator
Learn more about Land Investing: https://www.JayConner.com/land
Register for the Real Estate Cashflow Conference:
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
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P.O. Box 1276, Morehead City, NC USA 28557
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