Nov 29, 2023
Going Long Podcast Episode 373: The Importance of Having Land in Your Long Distance Investing Portfolio
( To see the Video Version of today’s conversation just CLICK HERE. )
In the conversation with today’s guest, Ray Zhang, you’ll learn the following:
[00:27 - 01:53] Show introduction with comments from Billy.
[01:53 - 05:58] Guest introduction and first questions.
[05:58 - 10:13] The backstory and decisions made that led Ray to this point in his journey.
[10:13- 13:08] Ray shares his philosophy on how to get deals done and find Land opportunities.
[13:08 - 19:53] Ray tells us what the strengths are in investing and flipping land as opposed to going the more traditional MultiFamily and development routes.
[19:53 - 23:49] Ray shares what he sees as the top risks to be aware of when looking to invest in Land, and the systems you can put in place to mitigate those risks and ensure success.
[23:49 - 25:41] Rays explains all about the kinds of teams he has set up to specialise in Land acquisition and flipping, to streamline the whole process and maximise return on investment.
[25:41 - 26:45] We find out why there are not many people investing in Land compared to other asset types, even though it is a relatively simple investment vehicle to utilise.
Here’s what Ray shared with us during today’s conversation:
Where in the world Ray is currently based: Jacksonville, Florida.
The most positive thing to happen in the past 24 hours: Ray has had a great day nurturing his positive mindset!
Favourite city in Europe: Paris, France.
A mistake that Ray would like you to learn from so that you don’t have to pay full price: There is no failure, you either earn or you learn!
Book Recommendation: The Science of Getting Rich, by Wallace D. Wattles. - https://www.amazon.co.uk/Science-Getting-Rich-Wallace-Wattles/dp/1943862206
Be sure to reach out and connect with Ray Zhang by using the info below:
Instagram: https://www.instagram.com/virtualflipland/
Website: https://landflipinc.com/
To see the Video Version of today’s conversation just CLICK HERE.
How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI
Start taking action TODAY so that you can gain more Education and Control over your financial life.
Be sure to connect with Billy! He’s made it easy for you to do…Just go to any of these sites:
Website: www.billykeels.com
Youtube: billykeels
Facebook: Billy Keels Fan Page
Instagram: @billykeels
Twitter: @billykeels
LinkedIn: Billy Keels