Adam Southey and Justin Sliva have created a successful business as “Land Investors”. Their history had them working on the Railroad together as well as their side hustle which was selling products on Amazon. One day….Adam crossed paths with someone who was buying land for $100.00 per acre and reselling (flipping) for profit. He decided to give it a try. He bought 3 2 ½ acre parcels at $250.00 each and sold each @ $1000.00. That was 4 years ago and the start of what was to become a successful business venture.
When Justin saw what Adam was able to accomplish with Land Investing he wanted to come in and dominate it! At this point they had a couple #1 products together on Amazon as well as a Private Label company…but seeing the opportunities that now existed for them as Land Investors, they decided to liquidate their Amazon Company to place their focus and resources into Real Estate Investing.
Successful Land Investors
Adam and Justin’s niche is to buy and sell land that they purchase through direct mail at 30% of the value. One of their strategies is to offer owner financing where the down payment covers their initial cost for the property and the monthly payments are straight cash flow. They have purchased properties in 39 states using a drone service to view the properties. They also use a time machine on google earth so they can go back and view property changes over the past 20 years. Between the 2 of them, they have closed over 500 deals in the past 4 years. They continue to “Flip” land for profit and have been able to purchase for as little as $50.00 per acre.
To learn more about Adam and Justin’s business success listen to Gary’s recent interview with them on our Massive Passive Cashflow Podcast # 68.