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You Might Also Like: The Side Hustle Show

2024/10/4
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Financial Audit

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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)

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