Digging for Land Investing Dollars

February 6, 2009 by Steve Haight 

Today I’ve got a REAL treat for you. Especially if you’re serious about investing in raw land.

I just posted a new feature interview with land investor Joe Troccoli. Joe’s a retired firefighter (serving since 1979), a client and a friend.

There’s a LOT of meat in this interview. Especially if you’re sitting there, on the fence, wondering if investing in raw land is a smart move for you.

Joe was sitting there in your VERY SAME spot only a few years ago. He had a lot of questions, a lot of fear and a lot of money on the line.

You’ll hear what he did in just a few minutes, but first…

McCarran International Airport
Bursting at the Seams

Now before we get to the interview, just a little bit of background so you know what’s going on.

During the interview, you’re going to hear us talk about the Ivanpah Airport. That’s a new airport proposed to be built about 30 miles south of Las Vegas, in the Ivanpah Valley.

The current airport serving Las Vegas (Clark County Airport, later renamed McCarran Field for Nevada U.S. Senator Pat McCarran) was built back when there were about 50,000 people living in Clark County.

Just to give you an idea of the growth that the Las Vegas area has been experiencing… as of 2000, there were about 1.5 MILLION people in Clark County.

The current airport really isn’t equipped to handle that kind of traffic. Especially when there are roughly 38 million people a year coming to the Las Vegas area. And roughly half of those folks fly into McCarran Airport.

Making Way for Growth, Clues
for a Savvy Land Investor

Back in the year 2000, President Clinton signed a bill to transfer land for the construction of an airport that could serve the future growth of the Las Vegas Area.

That’s how the Ivanpah Airport began.

The opening of the airport is set for sometime around 2017… still well into the future.

So let me ask you a simple question:

What do you think might happen to land values around the Ivanpah Airport as the people start to move in…? As the stores start to be built…? As the infrastructure starts to fill out…?

Well, that’s what we talk about in Joe’s interview.

Just one more thing before we get to it…

You’ve Got to Dig
to Profit from Dirt

There are two big ideas you need to pay attention to in this interview.

1. You’ll hear Joe talk about FACTS. The information you need to gather when investing in raw land.

2. You’ll hear Joe talk about his GUT. After the research, you still have to pull the trigger. Sometimes that is scary. Sometimes you have to follow your gut.

You do your research, and you listen to your gut… and you make your move.

But first comes the research.

Is this research glamorous?

No, in fact, here’s the bottom line:

WARNING: This research is work. It takes time. You either learn to do this yourself or you work with someone you trust who already knows how.

I think that’s probably a good reason that land investing stays below the radar.

Most people never even scratch the surface when it comes to investing in raw land. They misinterpret their lack of knowledge as a lack of OPPORTUNITY.

All you ever hear from the media are stories about politicians or developers and their “shady” land deals. Endless stories like that provide just one more excuse to keep normal folks from ever researching vacant land.

Plus, stories about Mr. Mom and Pop and how they clicked their mouse, bought some stock on the internet and got rich (until the market tanked) tend to attract FAR more eyeballs than anything else.

How glamorous is a story about a husband and wife who buy 40 acres of land, waits 8 years and sell it for a nice profit? Well, you probably won’t see that one on the cover of a tabloid any time soon.

As far as they’re concerned, that’s a boring story.

Listen to Joe’s story and tell me if you think it’s boring.

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One more thing…

Near the end of the interview, you might be quite surprised to hear Joe say that he’s actually grateful for the downward turn the market has taken recently.

He’s not grateful for the suffering it’s brought to some folks, but grateful for the OPPORTUNITY it’s brought to those who can see it.

OK… visit the page below to get the interview. It’ll be well worth listening to…

Hear Joe’s Interview

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