cover of episode How to Make a Million Dollars in One Day and Never Work Again - Michael Bash  #5353

How to Make a Million Dollars in One Day and Never Work Again - Michael Bash #5353

2021/12/14
logo of podcast Financial Survival Network

Financial Survival Network

Frequently requested episodes will be transcribed first

Shownotes Transcript

Summary: When you have a valuable strategy, real estate investing can be extremely profitable—bringing in a revenue that can set you on the right track. I interview real estate investor and author Michael Bash to discuss the methods he has used to attain success in this industry; he largely attributes this success to re-zoning land in growing regions to build properties. Bash has a number of tips that can help you thrive in real estate investing, and you won’t want to miss them. Tune in to hear more. Highlights: -Some people see real estate investing as a gamble, but Bash sees it as profitable -He started out by looking for land where he could build apartments and rent them out -He put a down payment on a piece of land and re-zoned this area -All that he initially invested was $15k total -When trying to get a project approved it’s important to show people that it would benefit a community -Bash is retired now but considers getting back into re-zoning -Re-zoning industrial to residential is the best tactic -All you need to do is check and see what cities are experiencing growth -Re-zoning can take around 90 days in a small town, but in a may city you may wait 3 years -Once the re-zoning is approved, your profit is exponential -It is easiest to get land in small counties/cities re-zoned Useful Links: Financial Survival Network Million Dollar Miracle by Michael Bash