Name: How to Buy and Sell Land Virtually (Without Any Experience)
Uploaded: 2022-10-15T17:32:11+00:00
Duration: 55 min 55 s
Description: PJ Reilly is a man who is passionate about buying and selling land. He jumped into real estate with the only experience of watching half of a video! He has some crazy stories of guys with guns coming

1 year ago

PJ Reilly is a man who is passionate about buying and selling land. He jumped into real estate with the only experience of watching half of a video! He has some crazy stories of guys with guns coming after him and people sending death threats! He has good tips on networking and how to put yourself out there.

Join us on this episode of The Freedom Chasers Podcast where PJ Reilly talks about networking, land deals, real estate, and him on his journey to becoming free.

Quotes:

10:40 “I did it and it was failing miserably. But I just kept going and going and going and I was like ‘no you just have to do more right?’ it's like no, sometimes that's not the smartest thing to do is just keep going even when it's obviously a failure.”

11:21 “You only have so much on this earth, you know, you only have so much time to make decisions.”

15:35 “You could fail repeatedly and repeatedly and repeatedly but as long as you keep going, you’ll get there eventually.” - Tim

20:37 “You don’t even have to be good if you're doing the right activities, which is amazing.”

24:38 “If people don’t know you they’re not going to do business with you.”

26:25 “Your network is obviously your net worth.”

33:15 “I like to buy land in places I want to go.”

37:55 “You’re selling them a dream.”

39:40 “Somebodys going to fall in love with this property in this way and therefore it’ll be worth this to them.” - Matt
51:12 “I want it to be in my business name so that anytime somebody calls the county, checks the county records, they see oh, no he does own that property. He’s not lying to you.”

Concepts:

0:26 - In the podcast, PJ talks about some guys coming after his camera man with guns! And he was on Facetime and saw it happen!

8:11 - Sometimes PJ was happy because of failing but he kept working hard and eventually became successful and bought two houses!

10:28 - Oftentimes PJ would throw himself into a project and wouldn’t know when to stop! But he’s learned how to tell!

11:21 - In life you need to make decisions and make them quick because our time on earth is short.

15:35 - Even if you fail if you try again and again at something worthwhile and productive, you will eventually succeed.

24:38 - There is a lot of power in networking! If you network you will get a lot more opportunities!

26:31 - By going to groups every week, PJ got to meet a lot more people and grow his networking!

28:32 - PJ is heading down a great path to success!

Time Stamps:

0:00-0:25- Introduction
0:26-3:33- Craziest Real Estate Transaction
3:34-8:10- What led you to Real Estate?
8:11-10:27- Were you always this happy? Were you confident through failure?
10:28-17:12- How did you know if a project wasn’t right for you?
17:13-20:59- What led you to Real Estate? (continued)
21:00-24:29- What challenges did you face with the massive actions you were taking?
24:30-26:30- How did you overcome challenges?
26:31-28:31- How else did you expand your network?
28:32-30:25- Where are you headed? How do you feel about it?
30:26-32:38- What are the benefits of doing big land deals?
32:39-34:28- How do you target land?
34:29-37:09- How do you determine the market?
37:10-41:00- How do you underwrite comps?
41:01-45:09- What do you do when you are uncertain about a property?
45:10-47:38- What strategies did you use to sell the dream?
47:39-50:49- Do you ever have to sell your land?
50:50-53:02- What is your financing situation?
53:03-54:17- What does the next 12 months look like?
54:18-55:31- What's the best way to get in touch with you?
55:32-56:02- ENDING