cover of episode You Might Also Like: The Side Hustle Show

You Might Also Like: The Side Hustle Show

2024/10/4
logo of podcast Financial Audit

Financial Audit

AI Deep Dive AI Chapters Transcript
People
N
Nick Loper
W
Wayne Seminoff
Topics
Nick Loper: 本期节目讨论了将看似无价值的土地(垃圾地块)转化为盈利性投资的方法。嘉宾Wayne Seminoff分享了他数十年来积累的经验,包括如何寻找、修复和转售这些地块,以及如何应对城市规划和法律法规等挑战。他强调了低价购买、解决问题、高价转售的策略,并分享了多个成功案例,例如将1000美元的土地变为40万美元的案例。他还介绍了寻找目标地块的方法,包括利用县政府公布的待拍卖土地清单,以及一些在线平台,例如bidforassets.com和Real Auction。 Wayne Seminoff: 我专注于寻找未被充分利用的、无法建造的土地,解决相关问题后高价转售。这些地块之所以无法建造,通常是因为产权问题、污水处理问题、通行权问题等。我总结了七种方法来解决这些问题,例如获得建筑规范的变异许可、进行边界线调整、解决潮汐问题等。通过解决这些问题,土地价值会大幅提升,甚至可以达到100倍以上。我分享了多个成功案例,例如将1000美元的土地变为50万美元甚至100万美元的案例。我还介绍了如何与城市官员沟通,获得建造许可,以及如何与土地所有者协商,以低价购买土地。此外,我还分享了一些失败案例,例如在Mercer Island的项目由于邻居反对而失败,导致损失了7.5万美元。我的投资策略是高风险高回报,我会每年购买10块左右的土地,并专注于解决这些土地的问题。我的目标是将我的知识分享给他人,帮助他们获得财务独立。 Wayne Seminoff: 我主要从那些不想要土地的人(don't-wanters)手中购买土地。这些人通常是继承了土地但并不关心土地的人,他们往往目光短浅,看不到土地的潜在价值。他们急于脱手土地,即使价格很低。我通常会在土地拍卖前联系土地所有者,并以低价购买土地。在处理土地的过程中,我会遇到各种各样的问题,例如产权问题、污水处理问题、通行权问题等。我会利用各种方法来解决这些问题,例如获得建筑规范的变异许可、进行边界线调整、解决潮汐问题等。我还学会了如何与城市官员沟通,获得建造许可,以及如何与邻居协商,获得土地的通行权。我的投资策略是高风险高回报,我会每年购买10块左右的土地,并专注于解决这些土地的问题。即使有些投资失败,成功案例也可以弥补失败案例的损失。

Deep Dive

Chapters
Wayne Seminoff shares his expertise in turning unbuildable land into profitable investments. He discusses a case study where he transformed a $1,000 plot into a $400,000 asset by addressing title issues. He emphasizes buying from "don't wanters," individuals who don't recognize the potential value of their properties.
  • Look for unloved, unbuildable parcels with title, sewer, or access issues.
  • Target 'don't wanters'—individuals who have inherited properties or simply don't want to deal with them.
  • Lowball offers are often accepted by don't wanters.
  • Title issues can be resolved by obtaining quitclaim deeds from heirs or through quiet title actions.
  • The potential return on investment can be as high as 100x.

Shownotes Transcript

Introducing 629: Turning Junk Land Into Gold from The Side Hustle Show.

Follow the show: The Side Hustle Show)

How do you turn a "junk land" — a seemingly worthless piece of land — into a profitable investment?

We’ve talked about flipping products for a profit or real estate investing before. We’ve even talked about land investing.

But never like this.

Wayne Seminoff from JunkLandIntoGold.com) specializes in finding unloved, unbuildable lots — then he fixes the issues — before reselling these new and improved lots for up to 10x his initial investment.

Tune in to Episode 629 of The Side Hustle Show to learn:

  • how Wayne flips junk land into profitable property

  • how to clear title issues and solve access problems

  • how to turn unbuildable lots into valuable assets

Full Show Notes: Turning Junk Land Into Gold)

**New to the Show? **Get your personalized money-making playlist here)!

Sponsors:

Shopify) — Sign up for a $1 per month trial!

Indeed) – Start hiring NOW with a $75 sponsored job credit to upgrade your job post!

Mint Mobile) — Cut your wireless bill to $15 a month!

This is Small Business) — Learn how to start and grow your small business with “This Is Small Business,” an Amazon original podcast, on your favorite podcast app.

DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to [email protected].