Land investing often flies under the radar, but Ligia and Mike Deaton are proving why it’s a powerful tool for building wealth and freedom. On this episode of Zen and the Art of Real Estate Investing, the founders of Flipping Dirt share how they’ve turned land flipping into a lucrative business and a platform for teaching others. Through their coaching program, they help aspiring investors create steady cash flow and achieve meaningful lifestyle transformations, showing that land can be just as rewarding as more traditional real estate ventures.
Jonathan dives into a fascinating conversation with Ligia and Mike about their journey from the corporate world to entrepreneurial success through land investing. They share how they transitioned from traditional jobs, why land’s simplicity appealed to them, and the hurdles they overcame in the early days. The Deatons emphasize the importance of having marketable skills as a safety net, setting realistic expectations for land flipping, and being patient with the process. They also reveal why they focus on properties under $50,000, give tips for beginners, and explain what makes land such an underrated asset class. For those thinking real estate feels out of reach, Ligia and Mike offer compelling reasons to consider land as a smart and accessible entry point.
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- Ligia and Mike found the freedom, flexibility, and ability to work together in business by flipping land.
- They struggled to find the right market for their business, but the Colorado market was the best fit.
- Setting realistic expectations is key to success in flipping land.
- Remaining open-minded to different types of land, financing, and marketing can widen the path to success.
Land flipping may not sound as enticing as a trendy Airbnb, but it can be a low-cost and effective way to dip your toes into real estate investing. Ligia and Mike teach others how to succeed with this underutilized asset class.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out https://zenandtheartofrealestateinvesting.com/podcast/205/.