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In this episode, Vinki Loomba sits down with Jack Bosch, a real estate investment powerhouse who came to America with just two suitcases and a dream, and built a multi-million-dollar empire in land flipping and multifamily investments. Jack has flipped over 5,000 land parcels and has built a nine-figure portfolio through his innovative Forever Cash model. He shares his journey, key insights into land investment, and the strategies that can lead you to long-term financial success.
Key Takeaways:
- The Power of Persistence: Jack's journey was filled with failures before he discovered his niche in land flipping. His story highlights the importance of perseverance in real estate.
- Land Flipping 101: Jack explains how land flipping involves purchasing undervalued land, often from owners who simply want to get rid of it, and reselling it at a higher price—sometimes with massive profits.
- The Four Key Criteria for Success: Jack's success is built on four pillars—profitable, scalable, passive, and part-time, all of which he applied when transitioning to larger investments like multifamily.
- The Land Deal Process: Learn how Jack uses creative methods like direct mail, cold calling, and seller financing to acquire and sell land without using his own money. This model helps him earn an average of $15,000 per deal while building long-term cash flow.
- Double Closing Strategy: Jack explains how he uses a double closing process—where the buyer's funds are used to pay the seller and close the deal—allowing him to profit without using his own capital.
🔗 Connect with Jack on LinkedIn: https://www.linkedin.com/in/jack-bosch-a923b59/
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