The Land Geek

Land Investing Mistakes—No Big Deal

The Land Geek Round Table
https://cdn.simplecast.com/audio/6fb872/6fb87214-a512-474e-920a-dbd497b1a725/3fca9761-7bbe-41cc-8009-842107b0b6e8/round_table_3_12_19_edited_tc.mp3
We all make mistakes in the land investing business, the good news is they are fixable but they also come with a valuable lesson!

Scott Todd takes the controls for this week’s Round Table as Mark is away visiting… this is where it becomes a little unclear because there seems to be some discrepancy between stories. If you ask Tate, Mark is off visiting Tate’s favorite factory where they make cheese. If you ask Scott T., Mark’s at the Cheesecake Factory. Either way he can’t go wrong and we hope he’s enjoying good quality time with his family!

With Scott Todd in the pilot’s seat, this week’s crew includes:

Listen in now as the team gives the details of their biggest mistakes, in short:

Also, Mimi received an accepted offer for 1,175. The seller is a trucker who is never in town so he used a middleman to get everything done. Mimi paid the accepted offer of 1,175 and the middleman deeded the property over to her… deal done… wrong! She started getting harassing phone calls from the owner because he thought the offer was for 11,750, not 1,175! Ultimately, she ended up deeding the property back… but BEFORE she got her money back… this can’t end well.

Find out how Mimi’s story ends and the details of all the deals gone wrong.

Plus, Scott Todd shares a mistake that he is currently going through. It’s a case of joint tenancy with rights of survivorship—the husband is deceased, surviving wife sells Scott the property but failed to disclose the prefix “EX” in front of her title of wife. Should that make a difference? It does, says the county. Find out the details now…

Mimi: Entrepreneurship is neither a science nor an art. It is a practice, by Peter Drucker. So keep practicing! 

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?