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The Forever Cash Life Real Estate Investing Podcast: Create Cash Flow and Build Wealth like Robert Kiyosaki and Donald Trump
14 minutes | 9 days ago
Blind Offers vs. Neutral Letters
On today’s Winning Wednesday episode of the Forever Cash Life Real Estate Podcast, I’m sharing a quick training on the difference between blind offers and neutral letters. We have a lot of discussions in our Land Profit Generator Facebook group about these two very different strategies. “Which one should I go for?” our students ask. The answer is very simple. YES. What We Mean When We Say “Neutral Letter” Let me tell you about our proven, tested, Land Profit Coaching neutral letter. Our core copyrighted method goes like this. When you go into this business of land flipping, you pick certain areas in the United States based on: growth rates activity levels values of properties etc. This data-driven approach gives us valuable information on how this market will likely perform. Then we send a test balloon into the county. We send 500 to 750 neutral letters out, asking people to call us if they have land they’d like to sell. Then we get responses back and, based on those responses, we can tell which areas will get us a lot of deals and make us a lot of money. What Is Involved in Making a Blind Offer? As we go through this process, it wouldn’t make any sense to send out a blind offer. A blind offer is where you look at a list of properties, choose one, and make an offer. The seller has never heard from you and has never indicated that they want to sell. You just send them an offer. To get this offer out, you have to find out the ballpark value of the property. Let’s say you’re going to research 500 properties and send out your offer. These properties aren’t all going to be the same. They’ll each have different: topography access to utilities attractiveness value You might have a property that’s ¼ of an acre but worth $50k. Another property might be 2 acres and $10k. Let’s say it takes 10 minutes to research each property. That’s roughly 80-90 hours. If you’re doing it full-time, it would be two full work weeks. If you’re doing it a couple of hours a day, it’s going to take you two months. This is all before you even send out an offer. We all know that time is money. A better use of your time would be to send out 700 letters for $400. You don’t even know if those 80 hours will be worth the time and effort. Following Up Neutral Letters with Blind Offers So, you’ve sent out our proven, tested neutral letter. Let’s say 5% of the people call you back. Of 600 letters, you’ll get 30 phone calls. Now, you do research on those 30 instead of 600. For about 25 to 40 offers you make, you get one accepted. And, over time, you can improve that. Once you do some deals in the area, and you become more familiar with what properties are worth, then you can send out blind offers on other properties nearby. You already know what you can sell these properties for, and you already have people lined up looking for properties. At this point, there’s no more need to send out neutral letters. In that particular pocket, you can switch to the blind offer. So, here’s what you do in the simplest terms: Drop the mail. Get some calls. Do a little research. Send offers out. It’s much less work, much less overhead, and much less time commitment. This is a much simpler and efficient way of doing business. It’s not just a one-trick pony. It’s a skillful, scalable, tested method that works for any size deal. What’s Inside: What deal-to-offer ratios our best coaches are getting How to turn your crapshoot blind offer into an educated offer What you’ll learn in our upcoming Masterclass Mentioned in this episode: Join our next FREE 5-day Land Flipping Masterclass starting on May 10.
24 minutes | 16 days ago
How To Scale Your Land Flipping Business
On today’s episode of the Forever Cash Life Real Estate Podcast, my wife, Michelle Bosch, shares some valuable principles that will help you scale your business quickly and bring the right people on board. Whether you’re running a land flipping business, or something else entirely, you’ll find these principles to be timeless and important. Michelle and I have followed them the past 18 years with great success. You’ll Never Know Freedom Without Hiring a Team Building a team that’s bigger than you will give you the opportunity to enjoy the four freedoms of money, time, relationships, and purpose. When you’re just starting out, all these things depend on YOU: Bringing in leads Getting offers Sales happening Moving deals through the pipeline Checks coming into the bank But this is unsustainable, and you can’t scale your business If everything depends on you alone. These freedoms will never be yours. Your Employees Need to Share Your Core Values In the beginning, when you’re first hiring, you might start small with a VA or independent contractor, someone who can start taking non-critical activities off your hands. Eventually, you want to pivot into thinking about a team where you are all in on them and they are all in on you. Your ROI (return on involvement) is way superior with an employee than with someone who is doing 5-10 hours for you here and there and not fully committed to you and your business. You’ll want to bring people on board who embody your core values, who become like family, who see opportunities for personal and career development, and who are truly excited about the dynamic growth of the company. You need to be clear on your core values so you can magnetize the right people. Collapse Time with This Hiring Practice One thing Michelle and I have found over the years is that we can collapse time by hiring two or three people at a time for one position. When it comes to our sales team, we’ll onboard these people at the same time, train them at the same time, and then let them fight for a spot on our rocketship. When you give two or three people the same resources, one of them is going to rise to the top. When we do it this way, our new hires have extra motivation to succeed, and we aren’t wasting time training someone who turns out not to be a great fit for our team. Train Your Employees With a Purpose You will be tempted to dump all your unwanted tasks onto your new hire and let them figure it out, but you need to think long-term. You need to train them, explain the purpose of each task, show them how each task fits into the context of the business, and the impact it has on the company as a whole. Give them a list of criteria. Break down the steps/chunks/milestones. Have a rhythm for supervising and checking in. Offer regular feedback and constructive criticism. Catch mistakes immediately to save time and effort. Don’t just teach them steps and methodology. Give them a sense of purpose. Put in the time and energy at the beginning, and your return on involvement will be exponential. Utilize Technology to Simplify the Onboarding Process We have so much access to technology these days. Make the most of it. Record what you do with new employees, so you can use it again in the future with your next hire. You’re not abdicating the whole onboarding process to videos, but they’ll be there for your team to watch, listen to, and reference again and again. You can actually provide your entire team with a valuable library of resources that will save you so much time and money over the long haul. Recognize Your Value as CEO When you start out as a business owner, you can get hit by impostor syndrome and think, “Oh my god, who am I to be demanding an all-in mindset from my employees?” We don’t automatically have that assertiveness and confidence to recognize the incredible value we bring to the marketplace. You need to step into this power and attract the right people who recognize it as well. You need to understand that you are offering an amazing opportunity to someone. It’s a privilege and an honor to align themselves with a CEO like you, someone with integrity and excellence, who is making people’s dreams come true. There are very few people out there operating at this level, in a way that’s not transactional, but transformational. You are a freaking big deal. Don’t bring just anybody on board with you. Make sure they embody your core values, and that they’re excited to use the velocity of the growth of your business to meet their personal growth goals as well. Your business, with their help, will spit out the cash flow. And you, as CEO, will be flowing in the freedoms of money, time, relationships, and purpose. What’s Inside: The key characteristics to look for in a new employee How hiring 2-3 people at once to compete for a role collapses time How to leverage technology to simplify the onboarding/training process Mentioned in this episode: Join our next FREE 5-day Land Flipping Masterclass starting on May 10.
34 minutes | 23 days ago
How Private Money Works with Jay Conner
On today’s episode of the Forever Cash Life Real Estate Podcast, we’re going to talk about something that’s super useful to everyone: where to get the money. Jay Conner and I met in a high-caliber Mastermind group not too long ago, and he’s an expert on private money. I think you’ll find our conversation very valuable. Why Investors Need Private Money Instead of Just Using Banks One of the great things about land flipping is that you can do some amazing deals without needing much cash upfront. But sometimes you’ll have a larger land deal where the closing happens fast, and you need a big chunk of cash. This is where private money comes in. Jay and his wife live in eastern North Carolina, where Jay was raised in the mobile home business. He’s been helping people get a home his whole life. In 2003, he knew he wanted to get into single family housing. From 2003 to 2009, he relied on the local banks and mortgage companies to fund his deals. He really didn’t know any other way. In 2009, he had two deals under contract to purchase when he found out he had lost his lines of credit. He hung up the phone with his banker and had no idea what to do next. He called a friend who told him about private money, and he learned about it fast. He put his private money program together, educated people about it, and he was able to raise over $2 million dollars in 90 days for his real estate business. And he never looked back. When Is the Right Time to Ask for Private Money? Don’t wait until 10 days before you need the private money to get it lined up. Then the other party will have the advantage, the leverage. Jay says to get several people lined up, so they’ll be ready to go when you do need them. Right now, he and his wife have 45 private lenders (individuals) investing in them and lending them money for deals. They have between 7 and 8 million dollars just rotating between properties. Often, they’ll refer to private money as “relationship money.” Jay makes his own rules. He sets the interest rates he’s going to pay his lenders. And he’s put together a powerful presentation called, “How to Raise Money for Your Real Estate Deals Without Asking for Money.” How to Talk to Your Lenders About a Deal Jay says he learned the hard way never to teach people about his private lending program and talk about a deal he needs funded in the same conversation. You have to separate those two, or you’ll sound desperate. First, teach your program. Tell people you can put their money to work for them in 30 to 60 days. Then they’re sitting there just waiting for you to give them an opportunity. Let’s say Steve is waiting for Jay’s call. When Jay finds a deal where he can put Steve’s money to work, he calls Steve and says, “Hey, Steve. Great news! I can now put your money to work for you.” He tells Steve four things about the deal. “I’ve got a house under contract here in Newport. It’s worth x amount of money, and I need y amount of money from you. We close next Friday. Wire the money to my agent. Here are the instructions.” Jay doesn’t ask Steve if he wants to do the deal. Then he’s just planted a seed in Steve’s mind that he shouldn’t do the deal. He just states it matter of factly. It’s all in the positioning and your level of confidence. And of course you’re confident. Of course it’s a good deal. You wouldn’t be doing it if it wasn’t. After the first or second deal, when you’ve built up your track record, people only want to know two things: how much and when do you need it? Where Do You Find the Individuals to Loan You Private Money? Starting the conversation is one of the biggest hurdles, but the first hurdle you’ll actually get to is: who do you ask? How do you find these people? There are three categories of lenders: your own contacts (the warm market) networking contacts in the community (your expanded warm market) existing private lenders (individuals who are already loaning money out) Make a list of people you’re going to ask. Jay starts with retired folks, or people getting ready to retire. You can try a direct approach with this magic question: Do you have investment capital or retirement funds not paying you a high rate of return safely and securely? Or you can do an indirect approach, where you ask someone at work, at church, in your social organization, “Hey, do you know of some people who are sitting on a lot of money and would like to invest it in this really great opportunity with a high ROI and very little risk?” Jay talks about deals he’s done, and often that person is like, “ Wow, how can I get in on that?” And right there you’ve got another lender. What’s Inside: How you can get Jay’s best money tips for absolutely FREE What you need to know about self-directed IRAs Jay’s secret talent you can find on YouTube Mentioned in this episode: Join the Land Profit Generator Community Facebook Group. Join our next FREE 5-day Land Flipping Masterclass starting on May 10. Get a copy of Jay Conner’s book, Where To Get the Money Now, for FREE (+ shipping).
29 minutes | a month ago
Is Hyper-Inflation Coming to the United States?
On today’s episode of the Forever Cash Podcast, I’m going to answer a question that’s on a lot of people’s minds right now: is hyper-inflation something we need to be worried about in the near future? I don’t have a crystal ball, but I do have an extensive background in economics and finance, and I’m absolutely passionate about it. I’m constantly putting myself in a position to figure out what the market is thinking. So let’s dive in! What Happens When You Keep Printing Money A large number of people right now think that hyper-inflation is inevitable. Others are saying, “America is good. We’ll be fine. We’ve always been fine.” But one thing we can all agree on is this: inflation is coming, one way or the other. Here’s the deal. You can’t expect to constantly print money without inflation happening in the near future. Now, the question is: will it be hyper-inflation or more like the 1970s where we had what we call a “stagflation?” A stagflation is where interest rates go up, prices go up, people don’t have money, and we have stagnation and inflation together. Let Me Take You Back to Germany Most of you know I’m an immigrant from Germany. In the 1920s, Germany started World War I, lost WWI, and then Peace Accords were held in Versailles. The other countries forced Germany to pay huge amounts of reparations. We’re talking the equivalent of trillions of dollars in today’s money. As a result, Germany started to sell off everything they could—their reserves of gold, whatever buildings were left standing, but it wasn’t enough. So, they decided to just print more money. At first, the other countries didn’t notice. The population didn’t notice. But then they did. All of a sudden, Germans had a bunch of money. They had just survived the war and weren’t going on buying sprees, but there’s a point at which that balance tilts. They start realizing that they have enough money and they’re safe. Or they start realizing that the government is printing money like crazy and their money is quickly losing value. Germans started spending their money and prices started going up fast The Velocity of Money If I have a hundred dollar bill in my pocket and keep it there, it’s basically taken out of circulation. If the government prints a trillion dollars, and everyone receives a $1400 stimulus check and everyone keeps it in their bank account, then nothing happens. However, let’s say I take this $100 bill and spend it today at the grocery store, then the grocer spends it at the bakery, and so on. In the matter of a week, this $100 bill changes hands 20 times. Then it behaves like $2000 in the economy. As the velocity of money increases, it behaves as if it was more money than is in the market. That’s where the danger comes in. Once the velocity of money increases, the economy starts spiraling. Prices go up immediately. During the 2008-2009 recession, there was a big bailout. Now, with Covid in 2020-2021, it’s going up again. Since the U.S. dollar was introduced, 30% of all the money that has ever been printed has been printed in the past 12-14 months (multiple trillions of dollars). The big question mark of how much and how fast inflation increases: what are people going to do with the money from the government? If they start believing that the government is printing too much money, and the value of their money is going to decrease, and they spend all the money, we’ll go into an inflationary cycle. If they save the money for a rainy day, then we won’t see much inflation. What the Rest of the World Thinks of Us The U.S. dollar is still the number one reserve currency in the world. Ninety percent of all the reserves in the world that are not held with gold are held with the U.S. dollar. This will not change overnight. But, if the U.S. keeps printing money, soon these other governments will lose trust in the U.S. dollar and convert back to silver and gold. If they send U.S. dollars back, we’ll have hyper-inflation. Definitely keep an eye on this, but I don’t see it happening any time soon. Our status in the eyes of other countries is safe for now. What This Means for You We don’t have to fear hyper-inflation, but is a 5%-10% inflation possible in the next 12-18 months? Absolutely. How to protect yourself: Invest in hard assets Learn how to make money Lock down low interest rates Jump on this boom time and buy/sell land The outlook for land continues to be great, very bullish. People have money to spend, and they’ll buy land—for recreation or as an investment. This is good news for us in the land flipping business. What’s Inside: How technology impacts inflation How our GDP compares to our national debt Why other countries trust the U.S. dollar over other currencies (for now) Mentioned in this episode: Join the Land Profit Generator Community Facebook Group. Join our next FREE 5-day Land Flipping Masterclass starting on May 10.
56 minutes | a month ago
Getting Started in Land Investing with David VanGinhoven
On today’s episode of the Forever Cash Podcast, I’m handing over the reins to David Van Ginhoven, a valuable member of our Land Profit Generator team. He’s passionate about helping those with no experience in real estate transform their lives using our powerful business model. And he does a great job of it. How It All Started Why does David love helping people with zero land flipping experience? Because he was in their shoes a few short years ago. He was driving a FedEx truck, making decent money, but he soon realized he wanted more from life. His first thought was real estate, until he realized what a saturated market Dallas was (65,000 registered realtors). He didn’t give up though. He started researching the easiest, fastest, cheapest, safest way to make money in real estate. Of course he came up with LAND. Land is the primordial essence of real estate, he says. It’s literally the building blocks, the foundation. Thankfully, the foundation is the end product for us. It’s not complicated. When he started, he had a lot of insecurities and fears. He was scared to talk to sellers. He felt like they would see him as an impostor because of his lack of experience. He says he knew immediately that, if he was going to commit to land flipping, he needed the right instructions and guidance and support. He didn’t want to rely on luck. He discovered the Land Profit Generator Program and community, and it was exactly what he needed. And now he gets to work with us, being part of the solution for people who want to get out of the rat race. That First Deal David’s very first deal was a piece of land in Nevada that he bought for $2000. He calls it a desert square of nothing. Doing that deal gave him an exponential amount of energy and confidence. It validated that he could do this. “This is the system and the process, and it works,” he says, “and it’s even easier than I thought. It changed my life forever.” The Land Profit Generator process is simple. Doing some research Doing marketing Onboarding your leads Getting deals accepted Posting your deals Selling your deals Rinse and repeat David believes that your commitment to that process determines your success. When he first got started, he says, “I watched as many YouTube videos and podcasts of Jack’s as I could.” Then he jumped right in, and when he made mistakes (like a mailer that completely flopped because the data for the county wasn’t up-to-date), he got back up and kept going. Land Is Here to Stay David quickly learned that land investing is here to stay. It’s not a gimmick or a trend. It’s a consistent model that will change your life forever. People need land. The beautiful thing for us is that not everyone is using it. If someone owns a car, a truck, a boat, a house, and some land, and they need some money, they’re going to sell the land. If they’re not using the land, then selling it won’t change their lifestyle. People don’t want to change their lifestyle. No two land flippers are exactly the same. David doesn’t like the steep competition that goes along with bigger deals (some people do). He likes low-priced deals and a lot of volume. Typically, he goes for $5k deals and sells them for $17k or $10k deals he sells for $30k. And he’s been very successful at it. He also loves the passive income of land flipping. He’ll buy a piece of land for $1000 and sell it for $5000. He takes $1000 on deposit, and gets $200/month for the rest. That $200/month is pure cash flow. No more worrying about bills. Join the LPG Facebook Community David tells everyone he meets about the Land Profit Generator community on Facebook. “There are 16,000 people in there meeting each other and getting their questions answered,” he says. “It’s amazing. There is so much support waiting for you here. Just plug in. I love meeting people. I’m so curious about you and your story and how you got here and what your dreams are.” He wants to answer your questions, calm your fears, and help you transform your life. Thank you, David, for taking the time to share with us today. What’s Inside: Some early failures David learned from The huge financial impact land flipping has had on his life What he wishes he would have known when he was just getting started Mentioned in this episode: Join the Land Profit Generator Community Facebook Group. Join our next FREE 5-day Land Flipping Masterclass starting on May 10.
31 minutes | 2 months ago
How Core Values Can Make or Break Your Company
This episode of the Forever Cash Podcast has nothing to do with land flipping and everything to do with land flipping. No matter what your business, core values are crucial to your company’s success. Learn From Our Mistakes In 2002, we started flipping land and took our company to 30 employees doing 80 land deals a month. Now we can do as many deals as we want, because we’ve outsourced everything. Back then, we were doing it all in-house. What we did not have back then was a proper corporate culture. That led to a revolving door. People would come in, and they would basically work for the money. If they found someone else who’d pay them $5000 more a year, they’d leave. There was no mission, no focus on team, no clarity as to what we stood for as a company. We had built an eight-figure business, but we were constantly hiring people, because they would come and go. What was happening? What could we do to fix this? Thankfully, we got exposed to the concept of a proper corporate culture and the importance of being a core values-centric company. Core values aren’t just business ethics. There’s no such thing as “I’m ethical in my personal life, but in my business life, I screw people.” That’s not how it works. You either do good or you do bad. We don’t have a dual standard in our lives. We live an ethical life across the board. Why Core Values? Core values are values you embody as a person. You own your company, and so you drive the core values. These values have multiple purposes in your life and business. They: attract those who share those core values. repel those who do not. allow you to pick out the bad apples in your company and let them go You magnetize those who live according to your core values. Honest, stand-up people attract other honest, stand-up people. Our Five Core Values You can make your core values whatever you want. Here are ours: #1: Take Bold Action We’re empowered to make bold decisions, even if it means being wrong some of the time. We believe in self-initiative, resourcefulness, and creativity to produce top quality results and have a massive impact. I’d much rather have someone lean out the window, and I have to rein them in, than them not being brave and bold. #2: Be Excellent Yes, you can mess up. If the spirit of the action was trying to make the company better, you won’t get penalized. We’ll make adjustments, but you’ll get applauded for the attempt. We only give our best effort, and we’re committed to holistic growth. I do the best I can and always get better. We want our team continuously growing and taking on new challenges. If you just want to cruise through life and do the minimum, our company is not for you. #3: Embody Integrity We believe in honest, authentic, open relationships through communication in all interactions. We don’t talk behind people’s backs. Integrity really means doing the right thing, in particular when no one is watching. If you live by integrity, it’s simple. You promise, you do it. #4: Be Transformational Michelle and I made the commitment a long time ago that everything we touch will be transformational. Even our team members and students. If you work with us for years, and then leave to pursue other dreams, we want you to leave equipped to be a CEO immediately. We want to make real changes in people’s lives. #5: Be All In We’re not an 8-to-5 company. We don’t do anything half-assed. We go all out. We work hard and play hard, and one of our mottos is Whatever It Takes. The road is empty on the Extra Mile. That’s the road we want to take. Your Core Values Are Everything These core values will become your company’s DNA. It’s not just a piece of paper stuck on the wall. Go over it with your team once a month or quarter. The moment they get hired in our company, they have to sign it and commit to being on board. These core values are something we LIVE every single day. What’s Inside: What to do when an employee isn’t on board with your core values What integrity looks like in real life Questions to keep in mind as you map out your core values Mentioned in this episode: Join the Land Profit Generator Community Facebook Group. Find out more about our Land Profit Coaching Program.
19 minutes | 2 months ago
What It Takes to Win in Land Flipping
In this episode of the Forever Cash Podcast, I share 5 characteristics of a person who has what it takes to win in land flipping. But, really, these characteristics are key to winning at anything in life. #1 Have a Goal. If you don’t know where you’re going, how will you know how to get there? Most people are just floating through life. They have a job they don’t like, but it makes “enough” and they “don’t hate it.” I call this “comfortable misery.” No goal of saving a million dollars in the bank. No goal of becoming executive vice president. They might say, “I want to change my life.” But, if you’re not specific about it, you’re going to fail. Those who win in land investing have looked into our Land Profit Generator community, have seen other successful people with a lifestyle they want, and they’ve made specific goals: I’m going to make $300k in the first year. I’m going to do 25 different deals. I’m going to outsource it at this specific point in the process. I’m going to do xyz to free up the time and money to do that. #2: Know Yourself. You wouldn’t believe how many people don’t truly know themselves. Do you know your strengths and weaknesses? Do you know your tendencies when it comes to your work ethic? If you have a bookshelf full of self-help books and courses, and you haven’t even cracked the cellophane on most of them, you don’t know yourself. Are you an extremely disciplined person that, once you make a decision, you hold on like a bulldog and won’t let go? My daughter is like that. She comes home from school and doesn’t want to go out for ice cream until she’s finished her homework. She gets that from Michelle, who is very disciplined and responsible. I have the tendency to start something, get sidetracked, start something, get sidetracked. If I want to be successful, I need to put myself in an environment that doesn’t allow me to fail. #3: Create an Infrastructure of Support We have these artificial constructs all around us that keep us in line when our natural tendencies lead us astray—like high school, college, a job. They keep us disciplined when we don’t want to be. If we go out on our own, we have to create artificial infrastructure to maintain our discipline so we don’t back out. We do this for you in our coaching program. We provide a structured environment that helps you, protects you, and accelerates you, all while holding you accountable. We plug you into an ongoing support system to get the answers you need and help you stay on track. We teach you how to build a sustainable business and walk through life with your head held high. #4: Know Your Why Why do you want to move out of your current situation? Are you working 60 hours at a job you hate? Is there someone in your family who is in poverty, and you could break them out of that? Do you have big dreams for you and your partner and/or kids? You need to put that “WHY” in front of you so that your urgency to make it happen is BIG. Then, if you get sick for a week, your kids get sick for a week, or some other big life obstacles get in your way, you’ll have the drive to get back up, get going, and start that momentum again. #5: Be Consistent and Persistent. Everyone wants to wake up wealthy tomorrow. They want that magic pill, that magic wand. But Rome was not built in a day. You’ve got to put effort in, step by step, day after day. Do something every single day, and do it consistently no matter what. Put the blinders on. Make the commitment. Get in line. Stay in line. Chip away. Get the right support system and just march. If you can put 5-10 hours a week into this business on a consistent basis, and get the proper coaching, there’s no way in hell you’re not going to be successful. What’s Inside: Success stories from some of our new land investing students How to stay laser focused on your goals Why our Land Profit Coaching Program is so successful Mentioned in this episode: Join the Land Profit Generator Community Facebook Group. Find out more about our Land Profit Coaching Program.
24 minutes | 2 months ago
Economic Trends and Hard Asset Supercycles with Rana Vig
In this episode of the Forever Cash Podcast, I sit down with Rana Vig who has been an entrepreneur for over 35 years. After losing a million dollar investment in the mining industry during the 2009 recession, he got into the cannabis industry. Now he believes mining is making a comeback, and he’s ready to invest in silver and gold again. Forecasting a Hard Metals Supercycle I asked Rana how he knows that hard metals are coming back, and he said because mining is cyclical. It’s been 10 years since the collapse, and a supercycle is coming. It’s time. A supercycle is a period of high demand that leads to a surge in prices. It’s followed by a collapse of demand (and eventually prices as well). Rana says the world has never seen a crisis like we’re seeing today. The pandemic is causing chaos and further economic downturn. Then you’ve got riots and unrest in various countries. Governments all over the world are completely broke and trying to figure out how to keep the economy propped up. They’re printing unprecedented amounts of money. What does that do? It leads to inflation and devalues the currency. Gold, on the other hand, likes instability. Gold is an established currency that the market falls back to, in order to account for insecurities. Every time there’s a big insecurity, gold prices spike. Gold is entering a supercycle. It’s already significantly up from last year, and Rana expects it to go much higher. Real Estate Is Another Hard Asset That Becomes More Valuable Precious metals and real estate are both hard assets, but gold and silver aren’t investments so much as something you keep to protect your wealth. As formidable investor Warren Buffett is famous for saying, “Gold won’t do much except sit there and look at you.” Ironically enough, Buffett invested in a major gold company for the first time recently and made headline news. Real estate, on the other hand, is not only a long-term investment, it can bring in cash flow in addition to appreciation. Our land investors know this quite well. In the 70s, Rana’s father was an engineer making $40k a year. The first house he bought in Vancouver, British Columbia was $40k. Today that same engineer makes $85k, but that house is worth close to $1.5 million. Rana reminds us that it’s always recommended that about 10% of your portfolio should be in hard assets. Our land investor students are always looking for ways to invest their money. They’re asking smart questions like: Where do I put it? What risks are coming up? Which industries are about to falter? Which industries are about to grow? Investing in Mining Companies Rana recommends investing in gold and silver, yes, but also investing in actual mining companies as well. When these commodities get into a supercycle, for every small incremental rise in gold cost, the stock of that company multiplies. That’s when you get your biggest bang, your biggest leverage. Rana recently started a company called Blue Lagoon Resources. A research company just released a report saying they believe Blue Lagoon is 50% undervalued, making it a good time to invest. We don’t know the company that well, so this is not an endorsement, but it’s educational, and I encourage you to check it out. I’m not qualified or licensed to give investment advice. My job is to open people’s minds to think differently, look at different asset classes, and invest accordingly. It’s times like these when generational wealth is created. Times of great change always bring with them great opportunities. The one who shies away from the change is the one who will miss out on everything. The one who leans into the change and follows the change and figures out the change is the one who will be exponentially rewarded for it. What’s Inside: How environmentalism and the pandemic are ushering in a copper supercycle How mining directly impacts land investing Forecasting economic trends Mentioned in this episode: Join the Land Profit Generator Community Facebook Group Find out more about Blue Lagoon Resources
21 minutes | 2 months ago
The State of the Union in Real Estate
In this episode of the Forever Cash Podcast, Jack shares the State of the Union in Real Estate, land investing in particular. He tells us what’s going on in the market right this minute and forecasts what things will look like in the coming months. A Global Pandemic: One Year Later It’s been a year since the U.S. shut down in response to the global outbreak of Covid-19. Immunization is proceeding slowly but surely. Leading experts say we’ll hit herd immunity in April or May 2021. This means: Infections will go down Restrictions will get lowered States (and countries) will open back up People will return to work Travel will resume We’ll get back to a halfway-normal economy, but we have a lot of catching up to do, especially in manufacturing. There will be a short-term boom in blue-collar work. Because of the stimulus money, increased unemployment money, the foreclosure moratorium, and another big stimulus on its way, there will be a floodgate of money coming into the market. What’s In Store For the Housing Market The pandemic has affected the real estate world greatly, and it will continue to have an impact. Let’s start with the housing market. People living in houses don’t own them free and clear. They have to make monthly mortgage payments. They can only make those payments if they have jobs. They only have jobs if the economy is open. Interest rates are low and house prices are high. Some people are going to lose their houses. Others will be able to sell out of their delinquent situations and come out on top. A lot of people are going to refinance at those low interest rates and still be in good shape. The rental market is going to do well. People will sell their houses and rent temporarily before they buy again. Land Investing Is ON FIRE Land investing is on a continued trajectory for awesomeness. Land is still one of the last areas in the real estate market without much competition. People are moving out of cities and into the suburbs, and that trend will continue. This year has conditioned us to want space. People don’t want to live on the 27th floor of a highrise in New York City these days. They want land away from crowds and traffic. Properties on the outskirts of town, recreational acreage for weekend escapes, will continue to be in high demand even as the economy opens back up. Why? People will continue to work from home and don’t need to live close to the office. They rented land for RVs this year and now want to buy it for themselves. They’re using stimulus money to invest in a piece of land they can retire on someday. Land investing is hot right now. It’s on fire. The best time to get started in land investing was a few years ago. The second best time is NOW. What’s Inside: The important difference between the 2009 recession and today The lasting impact of this pandemic Why the next 1-2 years will be incredible for land investing Mentioned in this episode: Join the Land Profit Generator Community Facebook Group If you are ready to take your land investing business to the next level, join us for a FREE 5-day Land Flipping Masterclass, starting on March 15th. Register HERE: www.landprofitmaster.com
37 minutes | 3 months ago
Layers of Leadership
In this episode of the Forever Cash Real Estate Investing Podcast, Jack hosts his wife and partner, Michelle Bosch, as she breaks down the five layers of leadership. Do You Have What It Takes to Be a Leader? If you’re reading this right now, you’re most likely a leader. Leaders are those who take control of their destiny, are committed to lifelong learning, and invest in personal growth. What defines a leader? Leaders go first They break new ground And they open up new ways for others to follow Being a leader can be a lonely road. You might feel as though you are the first to explore a particular path, which can feel overwhelming at times. Feeling this way is normal and a good sign that you are on the path less travelled, which is the right place to be. The Five Layers of Leadership Leadership, like mastery, happens in phases. When you are growing your land investing business, you will progress through four stages: courage, commitment, competence and confidence. (Register for the upcoming Land Profit Masterclass to find out more about the four C’s of growth in your land flipping business: http://www.landprofitmaster.com). As your thinking and approach to life shifts in response to your growing business, you will also progress in your journey as a leader. Michelle identifies these stages as follows: Learning to lead yourself Leading your family Leading your team Leading a community Leading a movement If you’re just getting started on your journey as a leader, your first step is to lead yourself out of your limiting beliefs and mindsets. Like the mindset that says you’re trapped in a 9-to-5 job you hate. Once you master this all-important step, your circle of leadership grows exponentially. While challenging on many levels, it is an enriching journey of self-discovery that is well worth undertaking. What’s Inside: The 5 critical leadership qualities How to tell the difference between taking risks and being restless What sets leaders apart from everyone else Mentioned in This Episode: Join the Land Profit Generator Community Facebook Group If you are ready to take your land investing business to the next level, join us for a FREE 5-day Land Flipping Masterclass, starting on March 15th. https://landprofitmaster.com
15 minutes | 3 months ago
How To Select Records To Mail To When You Are Flipping Land
Selecting the right county records is incredibly important to the success of your direct mail campaign. We recommend targeting properties with a value of $5,000 - $200,000. However, each state has different laws governing the way counties assess this value. In this episode, I'll explain the difference between market value & assessed value and how you can keep this in mind when compiling your next mailing list. This podcast was recorded as part of our Winning Wednesday live series. Every Wednesday at 10AM PST on the Land Profit Generator Real Estate Investing Facebook Group, I answer your questions and delve deep into real topics that affect land flipping business owners. What’s Inside: Find out how to select the right records from the county Learn the difference between assessed and market value Understand how to optimize your direct mail campaign by tar Mentioned in this episode Join the Land Profit Generator Community Facebook Group Find out more about the Investment Dominator at https://investmentdominator.com/
17 minutes | 3 months ago
The Biggest Loophole That Benefits Land Flippers - No Dealer Status
We love seller financing deals. They provide us with regular cash flow every single month and allow our students to pay off all their expenses incredibly quickly. However, if you are not careful, you might get stuck with a huge tax bill. In this episode, I discuss a tax loophole that will allow you to save a ton of money! Just remember to double-check everything I say with your CPA - I am not a lawyer. Take your land business to the next level at our upcoming 3-day live event! From 19 - 21 February, I'll give you the step-by-step blueprint to the 5 proven ways I personally use to make money in real estate right now so you can make a fortune in today's market. Go to https://www.landflippinglive.com This podcast was recorded as part of our Winning Wednesday live series. Every Wednesday at 10AM PST on the Land Profit Generator Real Estate Investing Facebook Group, I answer your questions and delve deep into real topics that affect land flipping business owners. What's inside: Find out about dealer status and how to get around it Learn how to save on your taxes Understand the tax loophole that will save you money Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/ Register for our upcoming live event and take your land business to the next level at: http://landflippinglive.com/ Get in touch with our CPA at: http://tacpas.com/
27 minutes | 4 months ago
How To Flip Land Without Spending Money On A Property
Land flipping does not have to cost you a ton of money! In this episode, I discuss how you can double-close on a land deal without using a title company. This means you can flip land without ever having to put any of your own money into the transaction! And, you can avoid title company fees in the process. You'll discover how and when to do your own double-closing on a land deal. This podcast was recorded as part of our Winning Wednesday live series. Every Wednesday at 10AM PST on the Land Profit Generator Real Estate Investing Facebook Group, I answer your questions and delve deep into real topics that affect land flipping business owners. What's inside: Find out how to double-close without a title company Learn when to self-clsoe Understand how to flip land without spending money on a property Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/
22 minutes | 4 months ago
How To Do Title Searches On Liens When Flipping Land
When doing a low-value land deal, it's often worth it to self-close on the property. This is when you'll need to do your own title search without a title company. In this episode, I discuss how to do a title search, what to look for and how to deal with an open lien on the property. This podcast was recorded as part of our Winning Wednesday live series. Every Wednesday at 10AM PST on the Land Profit Generator Real Estate Investing Facebook Group, I answer your questions and delve deep into real topics that affect land flipping business owners. What's inside: Find out how about liens Learn how to do your own title search Understand what to look for when you do a title search Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/
28 minutes | 4 months ago
How To Self-Close On A Land Deal - And What To Tell Your Buyer
A common question that land buyers ask is "why don't you own the land you're selling?". In this episode, I'll explain how self-closing a land deal works and what to tell your buyer when they ask this question. You'll also discover why 2021 will be the best year ever for land flipping! The pandemic has changed everyone's habits, which puts land investors in prime position to get deals done. This podcast was recorded as part of our Winning Wednesday live series. Every Wednesday at 10AM PST on the Land Profit Generator Real Estate Investing Facebook Group, I answer your questions and delve deep into real topics that affect land flipping business owners. What's inside: Find out how to self-close a land deal Learn why 2021 will be the best year yet for the land business Understand the power of executive presence Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/
27 minutes | 4 months ago
How To Use A Lease Purchase Agreement To Sell Land
Land is incredibly flexible and can be sold in many ways. In this episode, I discuss lease purchase agreements and how you can use them to sell your next property. We especially like using them to sell lower-priced land parcels since you can evict instead of foreclose (which is a lot cheaper and quicker to do). You'll discover the benefits of lease purchase agreements and clear up some common misconceptions that our students have. Learn how to build your land flipping business into a highly successful cash machine in 2021. Register to attend our Land Flipping MasterClass, starting Jan 18. 👉 www.LANDPROFITMASTER.com What's inside: Discover what a lease purchase agreement is Find out how and when to use a lease purchase agreement to sell land Understand the benefits of using a lease purchase agreement Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/
19 minutes | 4 months ago
How to Value Land In Your Land Flipping Business
Determining the value of a piece of land can sometimes be tricky - however, we have figured out strategies that you can use! In this episode, I discuss one of these methods - namely, using the value of houses in the surrounding area as a way to determine the value of land. I'll take a look at real-life examples from our land flipping students in order to show you exactly how you can value your own land parcels. Learn how to build your land flipping business into a highly successful cash machine in 2021. Register to attend our Land Flipping MasterClass, starting Jan 18. 👉 www.LANDPROFITMASTER.com What's inside: Discover the techniques we use to value land See real-life examples from our land flipping students Find out how you can become a Land Flipping Master Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/
24 minutes | 5 months ago
How To Build Your Land Flipping Business
This week, we're looking back at some of the best interviews from the Forever Cash Podcast - specifically focusing on how to build your Land Flipping business. We kick things off with an interview with Trevor Mauch who discusses how to optimize your online presence. You'll find out why he says there is a major gap in the market when it comes to land. Next up, we have a clip from episode 129 where Wendy Byford discusses how you can protect your assets and ensure that your company is above-board. Finally, Antoine Martel talks about turnkey real estate and the many lessons he has learned in his career so far in this segment from episode 120. What's inside: Look back at the best interviews from the Forever Cash Podcast Discover how to optimize your online presence Learn how to protect your assets Find out about turnkey real estate Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/
23 minutes | 5 months ago
The Best Tips and Tricks of the Forever Cash Podcast!
We look at more amazing moments from the Forever Cash Podcast this week! This time, we focus on the best tips and tricks you can implement to further your own success as a Land Flipper/entrepreneur. First off, we have a clip from episode 116 where I explain the mindset you need to push forward and become successful in any industry. Next up I discuss the power of contrarianism. In this clip from episode 91, I explain how the greatest entrepreneurial minds are constantly challenging the norm and going against the grain. Finally, we check out a clip from episode 109 where I explain how you can effectively run a company alongside your spouse. Michelle and I have been doing this for years and we have learned many difficult lessons along the way. What's inside: Look back at the best tips and tricks from the Forever Cash Podcast Find out the mindset you need for success Understand the power of contrarianism Discover how to run a business with your spouse Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/
24 minutes | 5 months ago
The Best of The Forever Cash Podcast - How We Got Started and More!
We're taking a look back at some of the best moments from The Forever Cash Podcast this week! We start off with a clip from episode 122 "Why Land Is Better Than Houses" - you'll hear about our very first land deal and how we got started in the world of Land Flipping. Then, we look back at an interview we did with Warren & Michele Davis all the way back in episode 111 - you'll find out how they followed the Forever Cash blueprint to success and got their first land deal in 3 months. Finally, Clark Sheffield & Jace Mattinson explain how millionaires think and invest in this clip from episode 108. They have a ton of insights into the millionaire mindset, and this advice is incredibly valuable no matter what level you are at. What's inside: Look back at incredible moments from the Forever Cash Podcast Hear about our first-ever land deal! Discover how a couple got their first deal in 3 months Understand the millionaire mindset Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Find out more about the Investment Dominator at: https://investmentdominator.com/
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