TN Development with Eric Smith

Join us on the "Land Fixer" podcast for an eye-opening session with our host, Logan Swanson, featuring our first guest, Eric Smith from the Vacant Realty Group. Dive into Eric's inspiring journey from college student to successful land investor and understand the grit and perseverance it entails. Listen as Eric unfolds his early experiences in real estate in Las Vegas, his initial role in developing medical offices, and his strategic move to land investing later.

Eric discusses his challenges during the 2008 market crash and how he ventured into payment technology before finally returning to his passion for land investing. The podcast episode revolves around Eric's collaboration with Logan on their biggest development project in Tennessee, the hurdles they overcame, and the lessons they learned. Imbibe key strategic insights into understanding the market value of properties, identifying the right opportunities, and adding value considering affordability and buildability.

Eric further provides an intriguing insight into a 317-acre property in Cumberland County, Tennessee, detailing their journey from recognizing its potential to its current state. Understand the intricacies of managing zoning regulations, environmental assessments and permits for development. Gain in-depth knowledge from Eric's explanation of the decision-making process from planning large lot sizes, resizing them, and managing the imminent marketing stage of a project.

What's more, Eric and Logan delve into the emotional aspects of large-scale real estate projects along with revealing the potential financial rewards and the constant pursuit for the next opportunity even while managing an ongoing project. Whether you're a beginner or an experienced real estate investor, this episode is filled with valuable lessons for all. Stay tuned for our follow-up episode exploring effective marketing strategies and more!