In this episode, I am talking to Brandon Cobb, CEO or HBG Capital.
Brandon’s trip from medical devices sales to the management of $ 22 million per year in land development is full of lessons, victories and errors of one million dollars. We break down its exact process for the Signopment sites, we obtain entitled properties, raising capital and selling to national housing builders, even without taking possession of the land!
We also talk about:
- How it lost $ 1 million in a deal
- Your greatest lessons of examining civil engineers
- Why the law agreements can be more profitable than turning
- How to start this process without taking huge risks
If you are looking for land investment strategies at the next level, this episode is full of gold.
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In this episode, you will:
- Learn the systematic approach of Brandon to identify 6 -ACR (or largest) properties near national housing builders that are main for the development of affordable homes.
- Discover how to build relationships with city planning directors before having an agreement to drastically increase your probabilities of focus and avoid expensive errors.
- Understand the Brandon price formula that allows sellers to be paid above the market value and at the same time win more than $ 500,000 per project through forced appreciation.
- Listen about the loss of one million dollars that Brandon suffered in his first development agreement and the specific law errors that caused him.
- Discover how to contact and ensure contracts with national housing builders such as Dr. Horton using Brandon’s proven dissemination strategies.
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About the author
Seth Williams is the founder of Retipster.com, an online community that offers real world guidance for real estate investors.