Friday Jul 12, 2024
Building Your Land Investing Dream Team
Hey folks, welcome back to the Land Fixer Podcast. I'm your host, Logan Swanson. Today, we're diving into the essentials of building an efficient and effective land investing team. Whether you're just starting out or looking to scale, I've got three different team structures to share, including the one I currently use. We'll explore the pros and cons of each setup, from solo ventures to larger teams, and discuss how to find the right people to support your land investment business.
But before we get into that, a quick reminder: if you're a land investor in need of funding, check out landpartnerfunding.com for all your financing needs. And if you need help marketing your property, list it on primelandexchange.com to reach a wide audience of real estate investors.
Back to our main topic—building a land investing team. We'll start with the simplest setup: you and maybe a virtual assistant. While this approach has low overhead, it can be incredibly taxing and lead to burnout. Next, we'll discuss a more balanced team structure, including roles like a transaction coordinator and acquisition manager, which can significantly reduce your daily workload.
For those looking to take on larger projects like subdivisions or developments, we'll explore the components of a larger team, including underwriters, acquisition managers, and transaction coordinators. We'll also talk about the essential ancillary roles such as brokers, surveyors, and drone operators, and how to find and hire the best people for these positions.
I'll also share my personal preference for a simple land investing team, which includes myself, a VA, an acquisition manager, and a transaction coordinator. This setup allows for high efficiency and profitability without the complexities of managing a large team.
So tune in and learn how to build your dream team in the land investing world. And remember, for funding and marketing needs, check out landpartnerfunding.com and primelandexchange.com. See you on the next episode!
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