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Real Estate Runway - Chad Sutton - Insta
138: Generating Revenue Off of The Land with Dan Haberkost
Jul 11, 2023 29 min
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Episode Description

Did you know that a staggering number of financially well-off individuals own vast tracts of land they will never use?

In fact, a surprising 80% of these landowners find themselves in possession of idle assets they purchased for a fraction of their current value. This is where Dan Haberkost, the visionary founder of Front Range Land, saw an extraordinary opportunity to create his own empire. Tune in as Dan unveils how he ingeniously adopted the investor's business model, building his own company that specializes in acquiring infill land at discounted prices.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

[00:00 - 09:08] Infill Land Expert Dan Bercot Shares Strategies for Profitable Real Estate Ventures

  • Chad welcomes Dan Haberkost to the Real Estate Runway Podcast to discuss his expertise in the land deal

  • Dan shares his background, growing up in a blue-collar family, and his decision to pursue real estate investing as an alternative to traditional work

  • Front Range Land, Dan's business, specializes in identifying shovel-ready land opportunities for profitable ventures

  • Dan employs various strategies, such as selling properties for cash or on terms and constructing new homes or duplexes, to maximize profits

  • Understanding the distinction between raw land and infill land is crucial to Dan's success in the real estate market

[09:09 - 17:11] Meeting the Need for Infill Lots in the Land Market

  • The land market for infill lots is inefficient, creating a need for available lots that large builders struggle to find

  • Many landowners who bought land in the past are financially secure but apathetic about utilizing the asset

  • Dan’s business model focuses on acquiring infill land through direct mail and cold calling

  • Building trust and legitimacy is crucial in dealing with sellers, as they have concerns about scams and authenticity

[17:12 - 25:37] Land Flipping: Timelines, Investments, and Mitigating Risks

  • Land flipping timelines vary, with deals closing quickly or requiring months of follow-up

  • Target sellers are often individuals or small developers who purchased land in subdivisions but never built on it, making them cautious and seeking legitimacy from potential buyers

  • Private equity partners can provide funding for land flipping deals, with arrangements including fixed interest rates or a percentage of the profit upon deal closure

  • Risks for investors in land flipping are minimal, often limited to lower profits

[25:38 - 29:18] Dan's Superpower, Failures, and the Big Picture Blueprint

  • Dan's superpower lies in his ability to eloquently motivate and direct othersDan's biggest failure was his past fear-based and scarcity mindset, hindering his progress

  • Dan's upcoming podcast, "The Big Picture Blueprint," explores land real estate and business, featuring insightful discussions and interviews

Quote:

"You never know, one day, if you keep following up, when they wanna sell, they'll sell to you." - Dan Haberkost

Connect with Dan through

LinkedIn, Facebook,

or visit https://danhaberkost.com/

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Nectar:

https://app.usenectar.com/quattro-capital

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