Chris Dwyer posted an update 3 years ago
I’m new to Land Academy and I’m thinking about joining the program. Before I do, I would like to ask the community a few questions to see if it’s a good fit for myself and my wife. Our reasons for doing this revolve around earning additional income to accelerate our path to financial independence and ultimately creating a lifestyle that allows us to enjoy more time with our family. We both work full-time jobs and have two pre-teen kids, but we can carve out about 5-10 hours a week for land investing. We have good income, save a good chunk of that, and have access to capital as a result. Our goal is to replace our current income with land investing which would allow us to quit our jobs and work on our schedule. Is 5-10 hours enough time to make this program work at the outset? What are the main reasons people flourish or fail? Why would we choose Land Academy over other land investing programs that are out there? If we wanted to invest in our home state of Pennsylvania, are there any statutory reasons that would prevent us from either flipping land or selling on terms? Thank you in advance for any feedback.
So, you’ve posed a lot of questions, which is likely why you haven’t received a response. The question you really need to be asking should be directed at yourself — and that’s whether you’re committed to starting your own business. The land flipping strategy taught by Land Academy is viable, but your success will be the direct result of your own stamina and ability to problem solve. While forums like this one are helpful, you need to rely on your own smarts more than anything. There’s a basic strategy to this model, but from county to county and state to state, there’s no one-size-fits-all answer to most issues that come up. If you haven’t done so already, listen to episodes of the Land Academy podcast (Steve & Jill) and Casual Friday’s REI podcast (Adam Southey & Justin Sliva). Lurk on this forum and grab and read any free material you can find to try to get a better sense if it’s the right fit for you.