#654: Transforming Raw Tracts of Vacant Land into Lucrative Investments

Jon specializes in the investment of raw tracts of vacant land and has bought and sold more than 6000 acres throughout 500+ transactions he's been involved in. While his company, Jaz Land, is based in Texas, his buyers come from all over the world to acquire his land investments.

Quote:

"A golden nugget for you: You gotta be very careful with contract for deeds in Texas. We only use them on really small lots, usually 10k or less."

Highlights:

7:40: What does the default rate look like on the lower end stuff?

14:30: How do you find your buyers?

22:00: What do you do for funding? Do sellers carry financing?

24:25: Do you outsource loan servicing?

26:45: Golden nugget - when and when not to use contract for deeds in Texas

Guest Website: https://jonjasniak.com

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