Ep 484: Creating $4,500 Net Cash Flow On One Land Deal

In this conversation, the Anthony & Daniel discuss the challenges real estate agents face when pricing and selling land, highlighting a lack of understanding and expertise in this area. They note that agents often rely on the seller's advice or lack comparable sales to accurately price land, leading to overpricing and misrepresentation. The discussion also touches on the subjective nature of valuing land and the importance of agents understanding their market and improving their knowledge to better serve their clients and make informed pricing decisions. Despite the challenges, the conversation acknowledges the existence of competent agents who excel in their roles, emphasizing the need for education and better practices in the industry to enhance the overall quality of service. Lack of Understanding in Pricing Land (0:18-0:36): The conversation highlights a key issue with real estate agents not fully understanding how to price land properly. They often rely on the seller's advice, leading to overpricing due to a lack of comparable sales data and a fundamental understanding of the land's value. Subjectivity in Valuing Land (4:50-6:00): The speakers discuss how the valuation of land is highly subjective and can vary significantly based on improvements, the potential for development, and the specific characteristics that differentiate one parcel from another. The Importance of Agent Expertise and Education (7:19-7:40): The need for real estate agents to have a deeper understanding of the land market is emphasized. It's suggested that agents should seek counsel or conduct more thorough research to accurately price and sell land. Challenges in Communication and Expectation Management (10:01-11:58): The conversation concludes with a humorous yet insightful analogy about email management, underscoring the broader theme of managing expectations and communications effectively in real estate transactions and beyond. Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind Submit📃 deals at https://submitbigland.com/ 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support --- Support this podcast: https://podcasters.spotify.com/pod/show/hivemindcrm/support

In Episode 497 of their show, Anthony & Daniel express deep gratitude to John Alexander for his profound influence and support in their journey, highlighting the unexpected rapid growth of their venture and attributing much of their success to his foresight and guidance. They discuss the power of having a supportive community and team, emphasizing the exponential impact of collective effort towards a common goal, and share insights on how multi-level marketing skills can significantly benefit other business ventures. The conversation delves into the importance of mentoring, sharing knowledge, and building meaningful relationships in business, underscoring how these elements contribute not only to financial success but also to personal satisfaction and growth. They conclude with a touching acknowledgment of their mutual respect and the emotional depth of their connection, illustrating the impact of genuine support and mentorship in the business world. Rapid Growth and Acknowledgment (0:00-0:28): The hosts express their appreciation for John Alexander's early belief in their project's potential for rapid growth, which has since become a reality. They credit John for helping them see the possibility of their venture growing faster than anticipated. Importance of Community and Team (1:03-1:59): At this point, they discuss the significance of having a strong team and community. They note that with around 50 people working towards a common goal, their collective effort is making significant progress, hinting at the power of teamwork in achieving ambitious targets. Mentorship and Business Skills from MLM (3:01-4:00): The hosts and John talk about the value of skills learned through multi-level marketing (MLM) and how those skills are transferable to other businesses. They emphasize the importance of sales skills, personal connections, and the application of MLM principles to their current business strategies. Emotional Connection and Gratitude (10:38-11:58): In the closing moments, there's a heartfelt exchange about the impact of their relationship, with both parties expressing love and gratitude. This segment showcases the deep emotional bond that has formed through their business interactions, highlighting the significance of mentorship and support beyond just financial success. Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support --- Support this podcast: https://podcasters.spotify.com/pod/show/hivemindcrm/support

The discussion highlights the detrimental impact of not educating sellers in real estate transactions, particularly for wholesalers and agents focused solely on profit. It stresses the importance of understanding a seller's needs and providing them with various options beyond low cash offers, which not only limits the agent's strategies but also the potential profit and rapport with the seller. By presenting multiple scenarios and honest valuations, agents can create win-win situations that yield higher profits and sustainable business relationships. The conversation also emphasizes ethical business practices and the long-term benefits of fostering trust and transparency with clients. Understanding Seller Needs (0:21-0:53): Emphasizes the importance of educating the seller about the true value of their property and exploring various selling strategies beyond just a low cash offer. This approach can significantly increase profit potential and offer better outcomes for both parties. Ethical Profit Making (1:24-1:57): Discusses how an ethical approach in negotiations, by being upfront about property values and possible deals, not only helps the seller but also ensures more profitable and sustainable deals for the agent or wholesaler. Building Trust and Rapport (2:00-3:09): Highlights the significance of building rapport and truly understanding the seller's financial goals and personal situation, which can lead to deals that are more beneficial for all involved, fostering long-term relationships and trust. Impact of Good Karma in Business (5:01-7:18): Reflects on the positive impact of treating early investors or sellers well, describing how good business practices can return substantial benefits and contribute to a reputation of reliability and fairness in the industry. Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind Submit📃 deals at https://submitbigland.com/ 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support --- Support this podcast: https://podcasters.spotify.com/pod/show/hivemindcrm/support

In this episode of the "HIVE With Us Podcast," hosted by Daniel Martinez, guests Mark Del Priori and Mitchell Kida discuss the intricacies of land entitlements. Daniel introduces the topic by highlighting the guests' backgrounds and their contributions to the field, noting Mark's recent entry into land entitlements with a sales and marketing background, and Mitchell's location in Fort Myers, Florida, emphasizing the nationwide collaboration in today's work environment. They delve into the importance and process of land entitlements, with Mitchell providing insight into the nature of their projects across the Sunbelt states, and both guests sharing their personal motivations for entering the land entitlement space. The conversation also touches on the dynamic real estate market, particularly the growth in the Southeast and Texas, and the crucial role of land entitlements in facilitating new developments by preparing land for builders, thereby underpinning the entire real estate industry. Introduction to the Guests and Topic (0:00-0:38): Daniel Martinez introduces the episode and his two special guests, Mark Del Priori and Mitchell K, who will delve into the topic of land entitlements, an area they are both deeply involved in. Guest Backgrounds and Experience (0:51-1:22): Mark shares his background in sales and marketing and his new involvement in land entitlements, joining Mitchell's team, which has experience dating back to the 1980s. Mitchell, based in Fort Myers, Florida, highlights the geographical diversity and collaboration across states. Focus on Land Entitlement Projects (2:24-2:52): Mitchell discusses the specifics of their land entitlement projects, including their focus on residential projects in North Carolina and Texas, emphasizing the strategic importance of these locations due to recent population migrations. Importance of Land Entitlements in Real Estate (6:43-7:24): The discussion highlights the foundational role of land entitlements in real estate development. It's pointed out that understanding the land entitlement process allows for identifying and capitalizing on opportunities, thereby facilitating the transformation of properties and contributing to the development of new housing and commercial spaces. Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support --- Support this podcast: https://podcasters.spotify.com/pod/show/hivemindcrm/support

In Episode 493 of the Hive podcast, host Daniel Martinez and returning guest Craig McGroutherdiscuss the complexities and challenges of a $105 million tax abatement portfolio deal in Houston. The episode highlights the difficulties encountered due to changes in tax abatement policies by the Houston mayor, leading to a risk of losing a substantial $40 million investment. Despite facing economic turbulence and banking crises, the team managed to maintain investor confidence and eventually closed the deal after a year-long effort. The story showcases the importance of resilience, investor relations, and navigating political landscapes in large-scale real estate transactions. Introduction and Background of the Deal (0:00-1:03): Daniel Martinez introduces Craig McGruther, who shares the initial details of their ambitious $105 million tax abatement portfolio in Houston, emphasizing the scale and ambition behind their biggest project yet. Major Challenge Encountered (1:28-2:00): Craig describes the pivotal moment when, a month before closing, they received a memo from the mayor of Houston halting all tax abatement deals, putting their $40 million investment at risk and highlighting the unpredictability in real estate ventures. Strategies to Overcome the Setback (2:00-3:08): Despite facing potential deal collapse due to the mayor's announcement and banking crises, Craig narrates the intensive efforts made to reassure investors and maintain the deal's integrity, ultimately leading to the deal's successful closure in a challenging environment. The Importance of Investor Relations (5:22-6:01): The segment emphasizes the critical role of transparent communication and trust in investor relationships, illustrated by the team's commitment to keeping investors informed throughout the process, thereby retaining 90% of the equity despite no immediate returns. Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support --- Support this podcast: https://podcasters.spotify.com/pod/show/hivemindcrm/support

In this episode of the Hive With Us Podcast, Daniel Martinez and co-host Anthony welcome Alex, a guest known for his critical stance on fake General Partnerships (GPs) and investments on Twitter. Alex discusses his approach to evaluating investments, emphasizing the importance of independence and the challenges of navigating requests from GPs. He highlights the misconceptions around real estate investment and the need for investors to focus on understanding risks rather than solely seeking profits. Through various anecdotes and insights, the conversation explores the complexities of syndicated investments, the impact of misinformation, and the importance of due diligence. Alex's experience in real estate and private markets offers valuable lessons on cautious and informed investing, showcasing the need for transparency and education in the investment community. lplessons.substack.com Introduction of Guest Alex (0:00-0:22) - Daniel Martinez introduces Alex, a guest notable for his critical analysis of fake GPs on Twitter, highlighting the importance of this first conversation given their long-term following of his insights. Alex's Stance on Real Estate Investment (1:29-1:46) - Alex discusses his cautious approach towards investing in real estate, advising that many people might be better off focusing on their careers and investing in index funds instead, stressing the unnecessary risks for some investors. Challenges with Syndicated Investments (5:06-5:48) - Alex describes the opaque nature of the syndicated LP universe, emphasizing the recent boom in inexperienced investors entering the market, leading to potential pitfalls due to a lack of background in investing. The Importance of Due Diligence (17:00-17:11) - Alex explains his goal of educating investors about the intricacies of transactions they're getting into, including both the potential upsides and the risks, to ensure they fully understand what they're committing to before making investment decisions. Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind Submit📃 deals at https://submitbigland.com/ 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support --- Support this podcast: https://podcasters.spotify.com/pod/show/hivemindcrm/support

In a dynamic conversation, Anthony, Daniel & Jesse Jiminez elucidates the unparalleled value of land as an asset, distinguishing it from depreciating investments like houses or apartment complexes. They argue that land, unlike other assets, offers infinite possibilities for growth due to its finite nature and the unlimited development potential it holds. The discussion also touches on the challenges associated with acquiring and financing land, noting that it remains a complex yet rewarding venture for those who understand its intricacies. Highlighting personal stories and historical anecdotes, the speakers underscore the deep connection and opportunities land presents, from uncovering historical artifacts to transforming landscapes, emphasizing land as a foundational and transformative element in real estate development. [0:02] The speaker begins the conversation by expressing a desire to discuss the value of land as an asset, setting the stage for a comprehensive exploration of why land stands out from other types of investments. [0:40] The discussion shifts towards a humorous but insightful critique of traditional real estate investments like houses and apartment complexes, labeling them as "junk collectors" due to their depreciating value, highlighting the unique appreciation potential of land. [1:37] A significant focus is placed on the challenges of acquiring and financing land, emphasizing the complexity of the land market and the scarcity of data available for underwriting, which underscores the barriers and opportunities within the land investment sector. [3:12] The conversation culminates with a captivating personal story about the discovery of historical land ownership and the transformation of landscapes over time, illustrating the deep historical and transformative impact of land investment on communities and individual lives. Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support --- Support this podcast: https://podcasters.spotify.com/pod/show/hivemindcrm/support

In Episode 490 of the Hivemind podcast, hosted by Daniel Martinez with guest Craig McGrouther, they delve into the intricacies of commercial multi-family real estate, discussing the management of a substantial $400 million portfolio in Houston, Texas. They emphasize the importance of gradual growth and strategic partnerships in building such an expansive portfolio, highlighting the critical role of financing, market timing, and team building in the success of commercial real estate ventures. The conversation also touches on the strategies for acquiring and managing properties, the significance of choosing the right financing options to mitigate risk, and the approach towards capital raising and investor relations to fuel further growth. They conclude with advice for limited partners on selecting the right operators to invest with, stressing the importance of due diligence, understanding the business model, and aligning investment strategies with personal financial goals. Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support --- Support this podcast: https://podcasters.spotify.com/pod/show/hivemindcrm/support

In this episode 490, host Daniel Martinez welcomes back Brennan from Budget Dog to delve into community success stories, showcasing the transformative impact of financial education. Brennan shares a standout testimonial from a community member, Sarah, who achieved a $30,000 net worth increase in just four months, highlighting the potential for significant financial growth over time. He emphasizes the personalized approach to financial management and the importance of addressing behavioral and psychological aspects before diving into the technicalities of finance. Brennan's discussion illustrates the profound effect of a supportive community and tailored financial strategies on individual financial journeys, underscoring the core mission of Budget Dog Academy. Text 📱 210-972-1842 Text 📔 "Course" to learn how to make 6 figures on one land deal. Text ✴️ "Hive" to get added to weekly meetings. Text 🍎 "Apple" to schedule a 1-on-1 call with Anthony & Daniel. Text 🛬 "Land" to join The Million Dollar Land Mastermind 🔍 Need Inbound Real Estate Leads. https://www.hiveleads.io/ 🔍 Follow Us on YouTube https://www.youtube.com/channel/UCbulcrC4WbOy5Fzu0eWzNVQ/?sub_confirmation=1 🔍 Follow Us on Instagram https://www.instagram.com/hivemindcrm/ 🔍 Check Out https://www.hivemindcrm.io/ 🔍 Check Out Our Land Mastermind https://www.milliondollarlandmastermind.com/landmastermind 🔍 Pick Up All Event Recordings here. https://thehiveislive.com/recording 🔍 Follow Us on TikTok https://www.tiktok.com/@hivemindcrm?lang=en 📍Join the FB Group https://www.facebook.com/groups/137799891494707 📍 Check us at Join Us! https://thehiveislive.com/ Help support the show. https://anchor.fm/hivmindcrm/support --- Support this podcast: https://podcasters.spotify.com/pod/show/hivemindcrm/support

In this podcast episode from "The Hive with Us," Daniel Martinez and his co-host recap their experience at Chris Rood's Mastermind event, praising its value and the unique insights from various heavy hitters in real estate. They delve into discussions about the importance of constantly seeking new perspectives and knowledge to grow in the entrepreneurial space, highlighting the dangers of ego in entrepreneurship. The conversation shifts towards personal development, resilience, and the value of hard work, drawing from their personal stories and the influence of their fathers. They also touch on cultural appreciation, the unity found in diversity within America, and the significance of maintaining a strong, virtuous character amidst societal changes. Mastermind Event Praise (0:06-0:56): Daniel and his co-host express admiration for Chris Rudman's Mastermind event, emphasizing its amazing value and the impact of meeting Chris in person. They highlight the benefits of networking and learning from diverse, successful individuals in the real estate industry. Importance of New Perspectives (1:09-1:46): The hosts discuss the significance of exposing oneself to different ideas and people to enhance personal and professional growth. They stress that no matter the level of success one achieves, there's always more to learn from others, especially those doing bigger things in the entrepreneurial game. Personal Development and Resilience (4:18-6:04): Chris shares his journey of overcoming addiction and diving into personal development at a young age. This segment highlights the importance of resilience, hard work, and the transformative power of redirecting one's energy into productive endeavors. Cultural Appreciation and Unity (14:38-15:54): The conversation shifts to the importance of appreciating diverse cultures and the unity found within diversity, especially in places like Texas. They emphasize that despite media narratives, real-life experiences show people of different backgrounds coming together, helping each other, and celebrating each other's cultures. --- Support this podcast: https://podcasters.spotify.com/pod/show/hivemindcrm/support