Are you feeling discouraged with today's land markets? With the drastic rise in prices, competition, and limited inventory, it's easy to lose sight of your end goal. Listen as Justin Hollandsworth shares land buying experience from start to finish. In this episode, we discuss saving for land, using your 401k to buy land, what makes a good parcel hunting, how to write an offer like a pro, and much more.
Justin is the Co-Producer/Staff Coordinator at Whitetail Addictions, an Affiliate Coordinator at Lone Wolf Custom Gear, and the Vice President of Operations at Acoustic Ceiling & Partition. He has been a Whitetail Addict from Ohio since his grandfather introduced him to the sport at seven years old. Justin always had a deep passion for shooting a Pope & Young class whitetail one day as a teenager. Getting frustrated with the sport, his interest swayed towards other hobbies in his early twenties. He sensed something was missing in his life, and he eventually found his way back into hunting. Listen to his story of purchasing the 70- acre farm.
During this episode, you will learn about;
[00:01] Introduction to the show
[02:07] A bit about Justin and what he does in his space
[05:13] Buying first hunting land during the pandemic
[05:48] What motivated him to make this decision
[11:06] How he financed his purchase
[16:50] His prospecting must-haves in the purchasing process
[20:14] Neighbourhood considerations in the process of purchasing a parcel
[27:50] How much he can sacrifice for passage roads on a 40-acre farm
[31:47] More on his checklist when prospecting for parcels
[35:12] Pressing the green button, making the first offer and how it failed
[39:32] What can demoralize land buyers
[41:22] A failed second opportunity
[44:10] Getting stronger beyond his broken spirit and lost morale from purchasing
[50:45] Finding the holy grail property and closing the deal
[58:20] Why land investment is far much better than a bank saving
[01:04:23] Golden nuggets from Justin before buying the first parcel
[01:06:06] Common myths in land investing that he disapproved
[01:10:21] Justin’s plans with the parcel and why
[01:12:58] Episode takeaways from the guest and how you can connect
[01:16:00] Episode wrap up
Justin Hollandsworth
Instagram: https://www.instagram.com/masonsdad1975/
Facebook: https://web.facebook.com/justin.hollandsworth.3
YouTube: https://www.youtube.com/watch?v=eV1N4G02gXA
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