How to 10X Your Land Investing Revenue w/ Travis King

Описание: Show Notes: https://retipster.com/122-travis-king...
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Today, we’re talking with someone I've wanted to get on the podcast, Travis King.

Travis and I first traded emails in 2014 when he had early questions about the land investing business.

Ever since then, this guy has become a powerhouse land investor. He’s introduced me to some really important people over the years, and he’s the kind of guy I go to when I have questions and want to hear his thoughts and learn about what’s working for him.

Travis is also a land investing coach who helps people who want to focus on bigger deals and scaling things up, which we’ll get into.

00:00 Intro
02:06 - Find a way to replace your job income
02:46 - Is the land business model too good to be true?
05:12 - Bigger dollar amounts deals or bigger ROI deals?
07:44 - Why you need to leverage other people's money and get a capital partner?
08:37 - The 80/20 principle applied in the land business
10:06 - How Travis turned his business in the right direction
11:15 - Why going up in price point is a huge 80/20 leverage point
13:19 - Would you do a deal if you are not doubling your money?
14:42 - The rule of 55%
15:43 - How to position yourself in a seller’s market?
16:47 - What’s a better option - Seller financing or Cash?
19:00 - Does ROI matter at all?
21:00 - Create motivational buyers using seller financing as a backup offer
21:43 - How to pay the realtor?
23:51 - Travis explains his blind offer process in thorough detail and how he benefits from it
29:27 - How to navigate range offers to your advantage
32:42 - How to determine the right market value on a property
36:07 - The benefits of land specialized real estate agents
37:15 - Using agents for determining the market value
38:40 - Travis’s method on finding good realtors
40:44 - How much to pay the realtor?
41:49 - Establish a relationship with your agents for the long-term play
42:15 - How can you know a good realtor and where to find them?
44:16 - Go solo with your own cash or get a money partner? Learn how to level up.
48:26 - How to determine what is a good fair split
50:45 - What type of land investors should you fund?
52:03 - Steps for highly effective deal structuring
56:30 - Analyzing the response and close rate when sending offers to bigger properties
01:00:24 - What kind of offers strike the price in today’s market?
01:01:09 - “Buy-Do Nothing-Resell” versus “Buy-Fix it up-Resell”
01:03:11 - Coaching for whom and what for?
01:05:09 - How to take the side business to a full-time business?
01:06:30 - Needed qualifiers to become a successful coaching student and take over the business
01:09:22 - The value of having someone in your corner who understands the land business
01:11:32 - Persistence is the key to success
01:12:50 - How to confront uncertainty in your business
01:17:19 - Find out more about Travis and how his coaching will level up your business
01:21:09 - Discount for REtipster members and how Seth influenced Travis
01:23:00 - Key takeaways from the conversation with Travis
01:24:50 - What criteria do you use to determine whether something is true?
01:30:14 - REtipster Certified Coaches