The REtipster Podcast Seth Williams

107: Reid Kurtenbach has been a member of the REtipster community for some time now, and he has been funding land deals across the US for land investors since 2019, using both his self-directed Roth IRA and his own personal capital.

(Show Notes: REtipster.com/107)
We thought it would be interesting to bring Reid on the show because this idea of funding land deals has grown to be pretty popular in recent years, and for good reason.
There are some land investors who get into the business, they see the opportunity, they work some deals themselves, but they realize pretty quickly that they don’t have the time or the desire to do all of this hands-on work themselves. However, they DO still believe in the business model and they have the money.
Likewise, there are some land investors who DO have the time and desire to find and work the deals, but they don't have the money to keep deals flowing through their pipeline. They need someone who understands the land business (because most conventional lenders don’t) and is willing to provide the funds they need to buy the properties.
Most land investors fall into one of these two camps… and regardless of which camp you fall into, it’s important to understand the perspective of the money partner who is willing to contribute the money and let the active investor take the lead while expecting a certain return after the deal is done.
What’s it like to work with someone like this?What are the challenges in this kind of relationship?Why should or shouldn’t someone partner with a private money partner?There are a lot of things to unpack in this kind of partnership, and Reid is going to give us his perspective on it.
This is also an interesting issue for us to explore because Jaren is coming at this from the other side, as the active investor who is using other people’s money to fund deals… so there will probably be some different options and perspectives as we talk about how things should look from both ends.

106: In this episode, we’re catching up with our old friend Danny Johnson. Danny is a house flipping veteran, a software developer, a serial entrepreneur, and has many years of experience in the real estate investing business.

(Show Notes: REtipster.com/106)
Not surprisingly, Danny had a ton of wisdom to impart to us and we covered all kinds of thought-provoking questions that every entrepreneur needs to think deeply about.

105: I recently had a great opportunity to talk with a member of the Land Investing Masterclass community named Josiah.

(Show Notes: REtipster.com/105)
Josiah had a pretty great land deal not long ago where he was able to make a whopping $68,000!
In this interview, we’re going to walk through the details on how this deal materialized, and we’re also going to talk about Josiah’s experience so far in the land business, what other kinds of real estate investing he’s been up to in his career and as always, we’re all going to walk away with some helpful new insights we can apply to our own businesses.

104: In this episode, I’m talking with a guy named Ryan Chaw. Ryan is an interesting guy who has been featured on BiggerPockets and a number of other podcasts over the past year because he’s got a cool thing going.

(Show Notes: REtipster.com/104)
By most people’s standards, he’s a pretty normal guy, working a normal job and pursuing the American Dream like the rest of us. He’s got a lot in common with most of our listeners out there and over the past few years, he’s been able to build up a nice little rental property portfolio on a part-time basis that is bringing in well over $10K per month in rental income.
He did this using a rent-by-room model, which is kind of like house hacking on steroids because he's been able to earn double the amount he could normally make if he had used his properties as conventional rentals.
In this conversation, we’re going to talk about how he did this, some of the important lessons he’s learned along the way, and how you can follow a similar roadmap if you want to create something similar for yourself.

Jaren got into his latest house hack about a year ago, and he has quite the story to tell.

(Show Notes: REtipster.com/103)

In this episode, we're going to dive into the nuts and bolts of how he found this deal, what the numbers look like, what the experience has been like so far, and why it's the best property he's ever lived in.

We're also going to cover some big news about the latest course from REtipster: House Hacker University. As always, we've put a TON of time, effort, and love into this course. If you have any interest in using your house to create another stream of income, this is something you'll want to check out!

102: What exactly should someone do if they’re 6-12 months into their land investing business and things just aren't working?

(Show Notes: REtipster.com/102)
Whether you aren’t getting deals, you aren't able to get properties sold (or sold fast enough), you’re not profitable at all, or you haven’t reached the level of profitability you thought you would be at by this point… what are you supposed to do about that?
If that sounds anything like you, we’re going to give you our best advice for getting unstuck as a land investor.
Back in March of this year, a member of the REtipster Facebook community named Lisa posted this:
“I have reached a real tough spot in my business... I'm 9 to 10 months in and not profitable. I've invested a lot of time and money [over 5K in mailers] and to be honest I'm very frustrated. I've been shut down and discouraged all week and want to refocus myself. I would like to maybe hear from people who can offer insight/ guidance. I honestly am very hesitant to invest any more funds at this time until I become profitable.”
Her comments seemed to really strike a chord with a lot of people because it got over 100 comments! There was a lot of great advice shared on there, so we encourage you to check it out, but Jaren and I wanted to take some time to give our two cents on the subject, and the podcast seemed like a natural place to do that.