
Show Notes: https://retipster.com/127-land-banking/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=tusY7kU36pA Ready to get started as a land investor? Take your first steps here: https://welcome.retipster.com/5-day-email-course/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=tusY7kU36pA Join Our Community: https://welcome.retipster.com/newsletter/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=tusY7kU36pA Want to learn more? Contact Brad and brad@bradwarren.com What is Land Banking? https://retipster.com/land-banking/?utm_source=youtube&utm_medium=social&utm_campaign=blog&utm_content=tusY7kU36pA Land banking is something I’ve always had a basic understanding of. Still, certain aspects of it have always confused me (like how to predict what the value of land will be 10 years from now), and other parts of it have turned me off (like the idea of just sitting on a property for years). I’m not an expert in this sub-niche of land investing, but I wanted to get in touch with someone who is, so we could dissect this strategy and figure out how it works. Brad Warren is a land banking consultant, and I thought Brad would be a good person to help clear up some confusion about why and how some land investors choose this approach. If land banking is something you'd like to try out, Brad’s input can help you figure that out for yourself. 00:00 - Reading random reviews for the REtipster podcast 04:03 - Seth’s first speaker experience at the Real Estate Wealth Builders conference 06:52 - How to join the REtipster’s email list? 07:30 – Intro 08:32 - The interesting story of how Brad got into land banking 10:23 - Land banking as an effective investment strategy and why should you be doing it 11:53 - What if your exit planning doesn't go by your desired timeframe? 13:00 - The Land Banking Model 16:19 - How to find deals and determine the market value? 20:01 - The 10 growth factors you should be looking for before you invest 24:55 - Can you generate cash flow while holding the property? 25:56 - Land Banking 101: This is not for everybody 28:02 - How do you estimate what the value of your property is going to be in the future? 33:02 - How much does it cost to make a soil investigation for your property and who pays for it? 35:56 - What types of lands do land banking acquire 37:39 - Can you change the zone of your property to make it worth more? 40:05 - Is capturing the "unearned increment" in land value still a viable idea? 40:54 - Zoning and Land Use Planning – Do you have control over your property? 44:56 - How to manage your business if it doesn’t go according to your plan? 48:11 - Can you do land banking in another country? 51:10 - Land Banking: It’s time to sell – Now what? 57:29 - What if a deal goes sideways? 01:00:41 - Are there any tax advantages to this kind of investing? 01:02:40 - The self-directed IRA companies that Brad is recommending and how to contact him 01:03:39 - What is the minimum required amount to invest? 01:06:15 - The 1031 tax-deferred exchanges in land banking 01:10:09 - How to reach out to Brad? 01:11:03 - How to find the show notes?