Who Needs a Bank to Invest in Raw Land?

If you get a steady diet of network (bad) news, you’re probably under the impression that there’s a giant vacuum out there right now sucking everybody’s money into a big black hole.

And if you’re (still) in the stock market, I guess that’s pretty accurate. Trillions of dollars of “wealth” is just disappearing.

Apparently, Mr. Market is tired of the old definition of an “asset” and is working on a brand new one that is leaving a lot of people out in the cold.

In the process, Mr. Market is wreaking havoc with people’s life savings, retirement funds and rosy plans for the future.

Some stocks are losing 90% of their value in a few weeks or months, and some of the veterans of finance are waking up to find themselves out of business.

Bye bye employees… sorry investors, your “investment” is now worth zippo.

Credit is tight… lending has dried up… getting a loan is pretty much out of the question.

If you’re watching the news, you already know this stuff. The media keeps pumping it at you so there’s less resistance to whatever plan the government comes up with next to control your freedom and spend your money.

I’m not really into conspiracy theories. I just like to tell it like it is.

So What Good are Screaming Land Deals
if You Don’t Have the Money to Buy One?

Today’s issue of the Dirt Report answers the question that might be on your mind:

“If money is tight, how am I supposed to fund an investment in vacant land?”

I wish I could give you the answer to that question. But I can’t… because there isn’t just ONE answer.

There’s a LONG list of them. So let’s jump in…

If you paid attention to the complimentary land investing course that came along with your subscription to the Dirt Report, you know my opinion on getting money to fund a land investment.

Money is rarely the obstacle to becoming a land investor. There are simply too many options, unless you’re just not serious. More often, the real obstacle is usually finding good deals.

Thanks to the market mess, that’s not currently an issue.

And if the governments keep doing such a good job of making the mess even worse, the deals are just going to keep getting better.

In the Country of the Blind, the
One-Eyed Man is King

The most important thing you need in this market is KNOWLEDGE. You’ve got to know more than other people know about what to do in a market like this.

You win in the land business by KNOWING more. More knowledge and more connections. The more the better. But that doesn’t mean you have to know it all.

As Erasmus said, “In the country of the blind, the one-eyed man is king…”

Sadly, most people simply don’t know what they don’t know.

As an investor, that can be a VERY expensive problem.

Here’s a quick example:

Usually when a new client calls me to discuss his options for investing in raw land, the first step is to get a clear picture of his financial situation.

More often than not, my client is sitting on severely underperforming assets. He just doesn’t have the knowledge (or vision) to put them to better use for higher gain. That’s part of the service I provide.

Here’s how the conversation often goes:

“So how much is your IRA earning you?”

“Well, I don’t really know. I get a statement every now and then, but it’s kind of hard to tell. Plus, I get penalized if I withdraw too early… so I’m not sure that helps even if I did know.”

“Okay, well tell me about your 401(k)…”

“Well, I don’t want to get penalized for cashing that out either…”

And on it goes. The client thinks his options are limited… little does he know that funds from IRAs and 401(k)s (and more) can be used to fund a land deal… without penalty.

But let’s say he doesn’t have those things… and he can’t go to a bank or use a HELOC to fund the deal.

Then what?

The answer to that question brings me to one of my favorite sources of funding for land investors.

It’s called:

PRIVATE MONEY

Private money is just that. It’s money that comes from somewhere OTHER than a bank.

One type of private money is seller financing. In a market like this, with Motivated sellers (with a capital M), seller financing is one of the most creative ways to fund a land investment.

Mainly because it’s only limited by your creativity and the motivation of the seller.

Another option is to use a hard money lender. It’s pretty much like borrowing money from a bank… without the bank. These are private individuals that lend money.

Except the interest rates are higher…

We’ll be talking a LOT in the coming weeks about private money. For now, just remember that when you’re considering an investment in raw land, you’ve got A LOT of options.

Now let’s move on to something else you really have to know if you’re going to be smart about investing in dirt:

Dirt is Starting to Get Attention…
the Clock is Ticking

The calls are coming in already…

A LOT of people have a lot of money they need to park, and some of them are starting to realize that dirt is a good place to do it.

Anywhere else, (like keeping it in the stock market, an IRA, or a 401(k) is getting pretty risky… it’s quickly becoming “move it or lose it…”

In my opinion, those things have always been risky because it’s hard to tell exactly what’s being done with your money.

Apparently a lot of people are beginning to feel the same way I do. Savvy investors and Joe the Plumbers alike…

Just this week I got two calls asking me about how to park upwards of $22 million in dirt.

A few issues ago, I mentioned how, even in a BAD market, dirt prices would start to climb as people started searching around for safer places to put their assets.

Well, this is the type of stuff that does it. When money starts flowing into land in a particular area, prices tend to rise.

That’s just common sense. And it’s a clue to take action, if you’re paying attention.

If You’ve Got Questions, Here’s Your
Chance to Get Them Answered

If you have questions about your particular situation and whether or not investing in raw land is smart for you, here’s your last chance to get on board the upcoming virtual “Land Summit.”

Here are the details:

I’m going to give you the answers to the EXACT questions you have about investing in vacant land… especially in this market.

The format will be a Question and Answer session. You supply the questions, I’ll supply the answers and any supporting content to make things crystal clear.

The fee is $47 and your questions are due by next Wednesday. (Due to the demand, I’ve extended the deadline a few days to give everyone a chance to get their questions in.)

Once you’ve signed up and sent your fee, you’ll get instructions on how to submit your questions (yes you can ask more than one).

Once all of the questions come in, I’ll create an audio that goes through each one and lays out the answer in simple english.

Everyone will get a copy of the audio including answers to every question that comes in.

Now I usually charge a lot more than $47 for consulting. After all, this info can make you a lot of money. But in this case, considering I can help thousands of investors at once, it’s a good deal for both sides.

Here’s the page to reserve your spot:

Register for the Land Summit

If you’re interested in becoming a land investor but have some questions, the upcoming Land Investor’s Summit is the time to ask them.

Chances are, when the audio is completed, we’ll probably begin offering it to potential land investors for at least $97. So taking action quickly can save you about 50%.