Episode 149: Brent Bowers

Intelligent Accredited Investor Podcast

In a high-interest real estate market, the dynamics of land buying and selling are undergoing a significant transformation. As an investor, you will face increased competition, rising property prices, and the need for swift decision-making. On the other hand, land sellers find themselves in a favorable position as demand outstrips supply, allowing them to fetch higher prices for their land. In such a market, thorough research and due diligence become paramount for you as an investor to navigate the market complexities profitably. Timing and strategy are also critical as interest rates fluctuate, impacting affordability and the attractiveness of financing options. Additionally, getting insights from inventors who are making it can help you make informed choices and secure the best deals possible, which is why Brent is here today.

Brent has honed a highly effective land investment strategy and emphasizes the power of the "Land Offer Letter," or LOL, as his key to success. This method involves sending targeted, customized land offer letters to landowners, specifying a purchase amount that ensures substantial profit. Upon receiving the offer letter, sellers can sign it, but it only becomes binding once both parties endorse it. Brent also mentions experimenting with a straightforward purchase agreement, though he finds the LOL consistently outperforms other approaches. He underlines the value of a focused approach, steering the most profitable methods to make money first. Brent's ultimate goal is to execute a few high-value deals each month, a marked transition from a bunch of smaller deals to creating a lifestyle business.

Brent's journey in real estate has been a rollercoaster, having started in 2007 right before the economic downturn, experiencing setbacks and significant debt, only to re-enter the field in 2013. He joined the military in 2009 to take a break and reset his life but left service in 2018 after hitting the jackpot with land investing. According to Brent, land leverage and the strategic creation and sale of notes have allowed him to accumulate wealth and generate passive income while asleep, showcasing the vast potential of real estate investment. His insights provide a compelling glimpse into land investment and the financial opportunities it presents.

That is part of what Brent shares with Fuquan today. You can do a lot with land leverage and make yourself wealthy while you sleep—by buying and selling land for a little bit more to create monthly income or passive income by just remarketing properly. You can accomplish so much more in real estate.

Tune in to get insight from Brent’s strategy on leveraging land and creating and selling notes to build wealth and make money when you sleep.

Highlights from the Interview

• Brent’s ‘quit and came back’ journey in real estate investing
• Brent's self-finance and private lenders financing strategy
• Borrowing against your notes instead of selling them or against them
• Brent’s land investing strategy and how it has evolved to a more expensive category
• How the Land Offer Letter (LOL) works, converts, and its outperformance
• The markets Brent and his students are on in the land game
• Why notes resonate with Brent and how they work in the land space
• Why Brent is passionate about real estate