On this episode, I’m speaking with Brandon Cobb, CEO of HBG Capital.
Brandon’s journey from medical gadget gross sales to managing $22M+ per yr in land improvement is full of classes, wins, and million-dollar errors. We break down his precise course of for locating improvement websites, getting properties entitled, elevating capital, and promoting to nationwide residence builders, even with out taking possession of the land!
We additionally discuss:
- How he misplaced $1M on a deal
- His greatest classes from vetting civil engineers
- Why entitlement offers might be extra worthwhile than flipping
- How one can begin this course of with out taking enormous dangers
If you happen to’re searching for next-level land investing methods, this episode is full of gold.
Hyperlinks and Assets
Key Takeaways
On this episode, you’ll:
- Be taught Brandon’s systematic strategy to figuring out 6-acre (or larger) properties close to nationwide homebuilders which might be prime for inexpensive housing improvement.
- Uncover tips on how to construct relationships with metropolis planning administrators earlier than you might have a deal to dramatically enhance your approval odds and keep away from pricey errors.
- Perceive Brandon’s pricing formulation that permits him to pay sellers above market worth whereas nonetheless making $500,000+ per mission via compelled appreciation.
- Hear in regards to the million-dollar loss Brandon suffered on his first improvement deal and the particular entitlement errors that prompted it.
- Learn how to contact and safe contracts with nationwide homebuilders like D.R. Horton utilizing Brandon’s confirmed outreach methods.
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Thanks once more for listening!
In regards to the creator
Seth Williams is the Founding father of REtipster.com – a web-based group that gives real-world steerage for actual property buyers.
