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 - Introduction 1:28 - Josh’s First Deal For $31k 4:49 - The Process To Wholesaling Land 6:45 - Why Josh Focuses On 2 to 5 Acre lots 8:33 - Why Infill Lots Were A Headache for Josh 10:03 - What The Typical Buyer Looks Like For Land Deals 13:17 - Why Some Land Owners Work With Wholesalers 16:02 - Backing Out Of Contracts 18:09 - Why He Walked Away From His Coaching Business 21:18 - Josh’s Team Structure Now 23:28 - The Leads That He’s Looking For 26:21 - How Many Touchpoints Until He Gets A Deal 28:42 - Josh's Current Marketing Strategies 34:02 - How He Determines What’s A Good Deal 36:11 - How Much He Spends On Marketing To get A Deal 40:11 - His Deal Strategy 42:10 - Closing Thoughts & How To Find Josh 42:34 - Outro LINKS: Instagram: Josh Pierce https://www.instagram.com//joshpierce.rei/ Website: Josh Pierce https://www.facebook.com/joshpierce22 Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments Website: Heritage Home Investments https://www.heritagehomeinvestments.com/ Instagram: David Lecko https://www.instagram.com/dlecko Website: DealMachine https://www.dealmachine.com/pod
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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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