- Episode 116: Set It and Forget It Real Estate Investing with Brad Warren 17:52
For Episode 116 of the Wealth On Any Income Podcast, Rennie is joined by Brad Warren. For over 40 years Brad was a real estate business coach. He earned his real estate license in 2018 and became a land banking consultant. He now helps investors diversify their portfolios by investing in land strategically placed in the path of growth and then selling to developers to build generational wealth.
Brad owns 11 parcels of land totaling almost 39 acres himself. This is NOT a get-rich-quick scheme that he is investing in; this is a buy-and-hold, set-it-and-forget-it real estate investment strategy.
Are you a patient investor looking to build generational wealth?
In this episode, Rennie and Brad cover:
01:41 How long Brad has been investing in land and why.
02:55 Brad shares why he sees this as a good long-term investment, even though he has some property taxes to pay each year.
04:58 Brad’s favorite charity “Doctors without Borders”
05:40 The qualification that Brad uses to determine if this is a good fit for potential clients.
07:47 Brad’s biggest business failure and what insight he learned from that.
10:40 How you can get in touch with Brad to find out if this type of investment is right for you. Contact him by email email@example.com to set up a meeting.
13:21 Brad answers the most common question – what is the expected rate of return?
‘We call it, “set it and forget it” real estate investing. You buy the land and then you just wait. The hardest thing with this kind of investing is to be patient. And you wait for the developer to knock on your door.’ – Brad Warren
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