Go offline with the Player FM app!
Should You Do Quick Land Flips or Cashflow?
Manage episode 488160105 series 1126364
Tune in as the team discusses:
- Why quick land flips may be the right path when you're just starting out or trying to pay off debt fast.
- How Mike paid off $40K in debt within a year through wholesale deals.
- The downsides of relying too heavily on fast cash—and how it can become addictive.
- The benefits of passive income through owner financing and how it builds long-term wealth.
- Why a healthy land business should balance both strategies based on deal flow and goals.
TIP OF THE WEEK
Scott: There’s no one-size-fits-all. Some seasons call for cash, others for cashflow. What matters is having a clear goal and adjusting your strategy to match where you are.
Mike: Quick flips helped me knock out $40K in debt fast. But over time, I realized I wasn’t building lasting income. Fast cash is great—but don’t forget to build something that pays you long-term.
WANT MORE?
Enjoyed this episode? Dive into more episodes of AOPI to discover how to build real passive income through land investing.
UNLOCK MORE FREE RESOURCES:
Get instant access to my free training, a free copy of my Bestseller Dirt Rich Book, and exclusive bonuses to accelerate your land investing journey—it’s all here: https://thelandgeek.ac-page.com/Podcast-Linktree.
"Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?"
646 episodes
Manage episode 488160105 series 1126364
Tune in as the team discusses:
- Why quick land flips may be the right path when you're just starting out or trying to pay off debt fast.
- How Mike paid off $40K in debt within a year through wholesale deals.
- The downsides of relying too heavily on fast cash—and how it can become addictive.
- The benefits of passive income through owner financing and how it builds long-term wealth.
- Why a healthy land business should balance both strategies based on deal flow and goals.
TIP OF THE WEEK
Scott: There’s no one-size-fits-all. Some seasons call for cash, others for cashflow. What matters is having a clear goal and adjusting your strategy to match where you are.
Mike: Quick flips helped me knock out $40K in debt fast. But over time, I realized I wasn’t building lasting income. Fast cash is great—but don’t forget to build something that pays you long-term.
WANT MORE?
Enjoyed this episode? Dive into more episodes of AOPI to discover how to build real passive income through land investing.
UNLOCK MORE FREE RESOURCES:
Get instant access to my free training, a free copy of my Bestseller Dirt Rich Book, and exclusive bonuses to accelerate your land investing journey—it’s all here: https://thelandgeek.ac-page.com/Podcast-Linktree.
"Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?"
646 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.