849 Is There A Place For Selling Vacant Rural Lots To Preppers? REI In Your Car
Whether you think that the coronavirus scare is an overreaction or not, there\u2019s a lot of fear and uncertainty in the market right now. This is definitely the time to be nimble and to readjust your business plan. I\u2019ve had some great success flipping rural land out in Oregon and Colorado, so in this podcast, I explore that idea some more to give you some ideas of how to zig when everyone else is zagging.\nMore than just preppers are looking for vacant land. Hunters and outdoor enthusiasts are also looking for vacant rural lots. They might want the land to build a cabin someday, maybe shoot their guns, or drive their ATVs all over. But you know what? It\u2019s a demand that\u2019s come roaring back with this virus stuff.\nThere are a lot of disadvantages to being stuck on one single kind of deal, and you\u2019ve got to be nimble enough to pivot. If you\u2019ve been offering 80 cents on the dollar for homes in Southern California, then what will you do if the cash buyers disappear. I talk about all of the different ways that real estate might be impacted by a downturn, and I give you some ideas of where you could pivot to next.\nFor me personally, I\u2019m going to spend some more time teaching about lease options and land investing. I think that education about different real estate deals is really vital as people maybe shift out of the stock market and into real estate.\nNetworking, masterminds, and coaching are going to become even more important to you. Just getting out there and talking to different people is going to help you keep your ear to the ground to hear what\u2019s coming next.\nStop thinking of this as the end of the world. It\u2019s not! It\u2019s an opportunity, and you need to be ready for it.\nWhat\u2019s Inside:\n\u2014What kind of response rate I have for marketing on vacant lots.\n\u2014The reasons that people want to buy a vacant lot can vary widely.\n\u2014If you\u2019re stuck on one aspect of this business, I offer a slew of places you can pivot to.\n\u2014How coaching, networking, and masterminds will help you in the coming days.\n\u2014Why you should consider lease options and other creative financing deals.
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