EPISODE · Dec 2, 2024 · 42 MIN
253: Making $31K On His First Vacant Land Deal — No Money Down
from The DealMachine Real Estate Investing Podcast · host Josh Pierce, David Lecko, Ryan Haywood
Josh Pierce dives into his journey of flipping vacant land, including how he made $31,000 on his very first deal without spending a dime of his own money. He shares the strategies that set him apart, his approach to virtual land flipping, and the lessons learned from completing 17 deals in just one year. KEY TALKING POINTS:0:00 - Introduction1:28 - Josh’s First Deal For $31k4:49 - The Process To Wholesaling Land6:45 - Why Josh Focuses On 2 to 5 Acre lots8:33 - Why Infill Lots Were A Headache for Josh10:03 - What The Typical Buyer Looks Like For Land Deals13:17 - Why Some Land Owners Work With Wholesalers16:02 - Backing Out Of Contracts18:09 - Why He Walked Away From His Coaching Business21:18 - Josh’s Team Structure Now23:28 - The Leads That He’s Looking For26:21 - How Many Touchpoints Until He Gets A Deal28:42 - Josh's Current Marketing Strategies34:02 - How He Determines What’s A Good Deal36:11 - How Much He Spends On Marketing To get A Deal40:11 - His Deal Strategy42:10 - Closing Thoughts & How To Find Josh42:34 - Outro LINKS:Instagram: Josh Piercehttps://www.instagram.com//joshpierce.rei/ Website: Josh Piercehttps://www.facebook.com/joshpierce22 Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/ Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod
What this episode covers
Josh Pierce breaks down how he made $31,000 flipping vacant land with no money down and scaled to 17 deals in his first year.
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253: Making $31K On His First Vacant Land Deal — No Money Down
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