After a number of years entrenched in the corporate world, Travis King discovered land flipping. Within 2 years he had built up passive income, which enabled him to pursue this venture as his full-time job, resulting in a 7-figure empire over the following decade. It was from this pursuit that Travis found true purpose: helping others experience wild success through niche land flipping opportunities.

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Guest Resources

TravisKing.com – Take a free 7-day land flipping challenge!

Free 7 Day Intro to Land Flipping Course – Join the Land Flipping Challenge to Discover How to Flip Land without ever Visiting a Property.

Land Flipping Mastery Course – Join the Land Flipping Mastery Course! Use Coupon Code JLD for 20% off course, get $200 savings!

TravisKing.com – Check out Travis’ Website.

3 Value Bombs

1) Awareness is one thing. Action and execution, that’s a whole other thing.

2) Flipping land is not sexy or sophisticated like commercial real estate. That’s exactly why you should get into it, because it’s overlooked.

3) Depending on how ambitious you are, you’re really only limited to your inputs – like how much time you are willing to put into the business and how much money you are willing to invest in generating leads and marketing.

Sponsors

FranBridge: Many EOFire listeners have launched franchises in a variety of industries outside of food – and FranBridge Consulting has guided them to these premier opportunities! Sign up for a free consultation with Jon – or get a free copy of his book, “Non-Food Franchising” – at FranBridgeConsulting.com!

HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS: The Untapped Gold Mine of Flipping Land

[1:19] – Travis shares something that he believes about becoming successful that most people disagree with.

• Replicating a proven business model can be a lot faster path to traction and profits versus trying to create something new from scratch.

[3:08] –Why would anybody invest in land instead of houses?

• Flipping land is not sexy or sophisticated like commercial real estate. That’s exactly why you should get into it – because it’s overlooked.
• It is an untapped gold mine because there’s just little competition relative to the red ocean of house wholesaling, house flipping, and house investing in general.

[4:56] – What kind of income potential is possible as a land investor?

• When they started buying land and selling it on payments, they we’re getting similar sized payments with seller financing.
• Depending on how ambitious you are, you’re really only limited to your inputs – like how much time you are willing to put into the business, and how much money you are willing to invest in generating leads and marketing.

[8:11] – The strategies that make Travis’ teaching style unique.

• As we solve those growing pains in our own business, that allowed us to move forward.
• A lot of people teach the traditional flip. So they’ve developed some proprietary and innovative strategies along the way that others just aren’t teaching.

[12:28] – A timeout to thank our sponsors!

• FranBridge: Many EOFire listeners have launched franchises in a variety of industries outside of food – and FranBridge Consulting has guided them to these premier opportunities! Sign up for a free consultation with Jon – or get a free copy of his book, “Non-Food Franchising” – at FranBridgeConsulting.com!

• HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!

[15:22] – How much it would cost to run a land flipping operation?

• It depends on your goals. They started by buying lots for $500 at online, tax delinquent auctions and reselling them for anywhere from $2,500 to $5,000 on eBay.
• If you want to go after the big stuff, you can leverage other people’s money, or you can use your own.

[17:18] – Exciting deals for Travis at this stage in the game.

• They did a whole bunch of rural, vacant land in the Southwest and would buy at 25 cents on the dollar; then, they’d turn around and sell it with a down payment and a monthly payment.
• They do rural vacant land and residential lots in metro areas. What they get excited about nowadays are these waterfront lots.

[19:26] – The next steps for people who want to learn more about land flipping.

• TravisKing.com – Take a free 7-day land flipping challenge!
• Free 7 Day Intro to Land Flipping Course – Join the Land Flipping Challenge to Discover How to Flip Land without ever Visiting a Property.
• Land Flipping Mastery Course – Join the Land Flipping Mastery Course! Use Coupon Code JLD for 20% off course, get $200 savings!
• TravisKing.com – Check out Travis’ Website.

[22:39] – Travis’ key takeaway and call to action.

• Take immediate action, not tomorrow, not next year.
• Awareness is one thing. Action and execution, that’s a whole other thing.

[24:52] – Thank you to our Sponsors!

• FranBridge: Many EOFire listeners have launched franchises in a variety of industries outside of food – and FranBridge Consulting has guided them to these premier opportunities! Sign up for a free consultation with Jon – or get a free copy of his book, “Non-Food Franchising” – at FranBridgeConsulting.com!

• HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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