Dan Haberkost is an entrepreneur, investor, and land developer. Because of the financial impact of real estate investing, Dan left traditional employment at 23 and he now has the freedom to work on what he wants without being tied to any sort of job. Within the real estate world, Dan is currently working on a mixture of new development, land investing and wholesaling and he’s always on the lookout for a property that makes sense as a long-term buy & hold.
Dan Haberkost is the CEO of Front Range Land. At the age of 25, Dan Haberkost has managed to build an impressive real estate business & portfolio that allows him the freedom to live & work where he wants while spending a tremendous amount of time in the mountains and on the beach.
[00:01 - 04:19] Opening Segment
Get to know Dan Haberkost
Dan talks about how his active business feeds his passive business
[04:20 - 14:42] Infill Lot Development
Let’s talk about landLand that Dan is working on versus land others are working on
The difference between raw land and a piece of land that's developed
Strategies in Investing in Infill Lots
Dan shares his experience in learning the process of developing properties
[14:43 - 23:46] Combining Active & Passive Income
There's no magical reason why the cost of real estate goes up in a lot of cities that have massive amounts of people moving
Dan’s Top 3 Criteria in Finding His Contractors
How to Combine Your Passive and Active Income
[23:47 - 31:22] Closing Segment
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What is the best investment you've ever made other than your education?House hack in Colorado
Dan’s worst investmentHis first duplex
What is the most important lesson that you've learned in business and investing?“Your ‘WHY’.”
Connect with Dan Haberkost through Facebook and Instagram. Visit his website https://danhaberkost.com/.
Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/
Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.
Join our Passive Investor Club for access to passive commercial real estate investment opportunities.
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Tweetable Quotes:
“Real estate investing is a cash-intensive venture.” - Dan Haberkost
“I really wouldn't recommend anyone to pursue building something unless they really want to make a business out of it.” - Dan Haberkost
“Success in the long term is more about moderate gains while mitigating total loss. ” - Dan Haberkost