Dec 14, 2021
Summary:
When you have a valuable strategy, real estate investing can be
extremely profitable—bringing in a revenue that can set you on the
right track. I interview real estate investor and author Michael
Bash to discuss the methods he has used to attain success in this
industry; he largely attributes this success to re-zoning land in
growing regions to build properties. Bash has a number of tips that
can help you thrive in real estate investing, and you won’t want to
miss them. Tune in to hear more.
Highlights:
-Some people see real estate investing as a gamble, but Bash sees
it as profitable
-He started out by looking for land where he could build apartments
and rent them out
-He put a down payment on a piece of land and re-zoned this
area
-All that he initially invested was $15k total
-When trying to get a project approved it’s important to show
people that it would benefit a community
-Bash is retired now but considers getting back into re-zoning
-Re-zoning industrial to residential is the best tactic
-All you need to do is check and see what cities are experiencing
growth
-Re-zoning can take around 90 days in a small town, but in a may
city you may wait 3 years
-Once the re-zoning is approved, your profit is exponential
-It is easiest to get land in small counties/cities re-zoned
Useful Links:
Financial Survival Network
Million Dollar Miracle by Michael
Bash