TGCI 228: How to create passive income from vacant land!

The Gold Collar Investor

10-04-2023 • 41 mins

In today's show, Pancham interviews Brent Bowers - an investor and coach focusing on buying and selling vacant land.

Brent is an Army officer with over eight years of service, spending lots of time away from his family. He started to invest in real estate to be more present with his wife and children.

Listen as we explore more about Brent and how investing in real estate helped him to spend more time with his family, expands his business, hire a team and help other investors!

Enjoy the show!

Quote:

"We can't just listen to all this gold of information; we must act on it as well."

Timestamped Shownotes:

  • 0:35 - Pancham introduces Brent
  • 2:03 - How he started his journey in land investing
  • 3:51 - Brent's learning journey
  • 9:05 - His first call and his first land deal
  • 16:52 - How is land investing different from single or multi-family real estate?
  • 23:10 - Deals Brent had since he started investing
  • 25:13 - Brent hires a land specialist or realtor in evaluating lands
  • 29:30 - His advice for first-time land buyers
  • 35:24 - One investment that didn't go as planned
  • 38:52 - Brent's advice for people starting to invest outside Wall Street
  • 39:50 - How can you connect with Brent

3 Key Points:

  1. After the education, take a minute to write down the action steps you would take.
  2. In buying and selling land, someone's trash is another one's treasure.
  3. Land is more profitable than other real estates like single or multi-family properties.

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