253: Making $31K On His First Vacant Land Deal — No Money Down

The DealMachine Real Estate Investing Podcast

Josh Pierce dives into his journey of flipping vacant land, including how he made $31,000 on his very first deal without spending a dime of his own money. He shares the strategies that set him apart, his approach to virtual land flipping, and the lessons learned from completing 17 deals in just one year.

KEY TALKING POINTS:

0:00 - Introduction

1:28 - Josh’s First Deal For $31k

4:49 - The Process To Wholesaling Land

6:45 - Why Josh Focuses On 2 to 5 Acre lots

8:33 - Why Infill Lots Were A Headache for Josh

10:03 - What The Typical Buyer Looks Like For Land Deals

13:17 - Why Some Land Owners Work With Wholesalers

16:02 - Backing Out Of Contracts

18:09 - Why He Walked Away From His Coaching Business

21:18 - Josh’s Team Structure Now

23:28 - The Leads That He’s Looking For

26:21 - How Many Touchpoints Until He Gets A Deal

28:42 - Josh's Current Marketing Strategies

34:02 - How He Determines What’s A Good Deal

36:11 - How Much He Spends On Marketing To get A Deal

40:11 - His Deal Strategy

42:10 - Closing Thoughts & How To Find Josh

42:34 - Outro

LINKS:

Instagram: Josh Pierce

https://www.instagram.com//joshpierce.rei/

Website: Josh Pierce

https://www.facebook.com/joshpierce22

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod