Member Nick Sliger Shares House Academy Success Stories (LA 1043)
Transcript:
Steven: Steve and Jill here.
Jill: Hi.
Steven: Welcome to the Land Academy show, entertaining land investment talk. Today, we have Nick Sliger. I think Nick, you've been a member for since when?
Sliger: About two and a half years. I think I joined in 17, or maybe ... I think I joined in 16 right at the end of the year.
Steven: And I'm pretty sure you were at the last last live event, right?
Sliger: I was. I'm coming back again and I'm looking forward to it [crosstalk 00:00:26].
Jill: Exactly.
Steven: Give us a little background on how you found us and maybe what you did before you started buying and selling land? And tell us why it's working or not working?
Sliger: All right, cool. I was in the fitness industry. I have a background in kinesiology. I was a sprint coach for awhile and worked in health clubs. And I guess the story goes, I was looking at how bad food was. It got me into gardening, which got me looking into wanting to farm, which took me to wanting to figure out how to buy some farmland.
Sliger: Watching some YouTube videos came across a guy that bought this cool little farm from a back tax over the counter sale from a county. I started looking into that. I joined another program. Did that educational one, but I was still looking for some more information. And as I was looking around trying to learn, I came across you guys. It was back when you guys were giving away a free acre in Cochise County with a signup.
Steven: That was a long time ago. You've been with for quite awhile.
Sliger: And I signed up and got that one and that was my first one. I followed your guys advice. I did the $1, no reserve, 30-day Ebay. $3.99 doc fees. I sold it for $4.20. I got $8.19 out of it.
Jill: Perfect.
Sliger: That was pretty cool. One to get me going.
Steven: Was that your first deal?
Sliger: That was my first one. I didn't technically buy it by source in any mailers or anything like that but I got it with the program and I sold it. And that was my first one. [crosstalk 00:01:55]
Steven: My first deal. You remember the first girl you kissed.
Sliger: Exactly.
Steven: And the last one. You recouped almost all of the purchase price for that program, right?
Sliger: Yeah, a huge amount. And I remember listening to your podcast back then you were always saying that, "Don't quit your day job until it's costing you money." Well, I was in between jobs right then and I was actually looking to start a little farming business. But I put that on hold and I started this land business. But I started to go through and buy some more properties it pretty quickly ate up all my acquisition funds.
Sliger: And as I extrapolated where my money was going, I had determined that I needed to go back and get a regular job or I was going to spend through all my capital just paying bills. I went back and I got a job, just a couple months after I started, and I've been working that though the whole time driving a truck. But my goal is to quit that here soon. Hopefully, within another property or two I'll be in a position to end that.
Jill: You're close.
Sliger: I want to join the 33%.
Jill: Yay. That's so good. I'm so glad.
Steven: I'm so glad it's working out for you.
Jill: Well, I'm glad that you did the right thing. You went back and said, "All right, I want to do this right. And if I have to get a day job for a little while, fine. It'll pay the bills.