Why I’m Buying UNWANTED Land (And You Should Too)
By Codie Sanchez
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AI Summary of "Why I’m Buying UNWANTED Land (And You Should Too)"
Get instant insights and key takeaways from this YouTube video by Codie Sanchez.
Strategic Land Acquisition
🗺️ Focus on specific criteria: 10+ acres in regions like West Texas, aiming for a budget under $10,000 and a tight 1-week timeline.
💰 Target areas near national parks or tourist attractions for potential income, ensuring the land allows for flexible use with minimal zoning restrictions.
📞 Utilize online land listing platforms (e.g., Land.com) and engage local realtors, but be prepared for slower response times in certain remote areas.
Due Diligence & Risk Mitigation
🔎 Crucially obtain a title policy (approx. $500) to verify the seller's ownership and confirm no existing liens on the property.
✅ Include a 10-day option period in the contract to allow for thorough property inspection and the ability to withdraw if issues are discovered.
🔬 Conduct essential site assessments for water well drilling, septic system viability, and the cost of extending electricity to the property.
🚫 Be vigilant against five common scams: sellers misrepresenting ownership or property condition, predatory owner financing terms, undisclosed flood plains, and retained mineral rights.
Monetizing Land & Business Models
⛺ Explore glamping or short-term rental setups using structures like yurts or renovated campers; one example shows a camper bought for $16,000 renting for $80-150 per night.
📈 Implement scalable business models; a 46-acre property with 10 yurts generated nearly $800,000 in gross revenue and $300,000 in net income annually.
🧑🌾 Leverage agricultural or wildlife tax exemptions (e.g., for cattle, honey bees, or hunting) which typically require 10 acres or more to qualify.
⚙️ Establish clear processes and delegate tasks to transform a property venture from a hands-on job into a self-sustaining business.
Key Points & Insights
✨ Persistence is key: Despite experts stating it's "impossible," it's possible to acquire land quickly and affordably with focused effort.
🔍 Prioritize comprehensive due diligence to avoid scams, as illustrated by a near-miss where the initial seller did not actually own the land.
🗺️ Seek out affordable land in remote, undeveloped areas that are still within a reasonable driving distance (e.g., 1-2 hours) of popular tourist destinations to attract visitors.
💡 Secure a cost-effective online presence for remote businesses using domains like .online, especially when traditional .com names are unavailable.
📸 Video summarized with SummaryTube.com on Aug 05, 2025, 07:59 UTC
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📜Transcript
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📄Video Description
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Get your .online domain for just $0.99 by using code CODIE at https://get.online/codie1
Raw land investing sounds simple... until you almost get scammed.
In this video, I walk you through my real experience navigating the wild world of raw land—and the red flags I almost missed.
We’ll talk about why “unwanted” land might actually be a hidden gem, the biggest traps new investors fall into, and fresh inspiration on what you can actually do with your land. You'll hear real talk from my realtor Phil, plus ideas from business owners crushing it in the unique stay and BnB space.
If you’re a raw land lover like me, hit subscribe—this one’s for you.
Want to learn how to buy a business? (Free Consult): https://contrarianthinking.biz/youtubefam
If you’re interested in taking your financial freedom into your own hands, schedule a call with my team https://contrarianthinking.biz/youtubefam
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Hi... I'm Codie.
If we haven't met, I build and buy businesses and help you make money. I used to work on Wall Street and in Private Equity for too many years. Then I realized I'd rather YOU AND I own our businesses locally instead. So I built up Main Street Holding Company, Contrarian Thinking Capital & Co. Now, we own and grow dozens of businesses. My mission is to create 100,000 business owners and help 1 million of us build profitable businesses. I hope you’re one.
Here's what I know for sure... those who say it's impossible should get out of the way of those of you who are doing it!! ❤️
If you want to grow your business... we got you: https://contrarianthinking.co/scaling-workshop/
If you want to buy a business... we help here: https://contrarianthinking.co/our-courses/
If you want a free guide on how... it's right here: https://info.contrarianthinking.co/smart-buyers-guide
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🚨 Disclaimer: Winners of the giveaway must be based in the US.
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The BE AN ADULT SECTION 🤗
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links. Copyright © Contrarian Thinking LLC 2025.
Full video URL: youtube.com/watch?v=qewYYObfsiA
Duration: 40:38
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AI Summary of "Why I’m Buying UNWANTED Land (And You Should Too)"
Get instant insights and key takeaways from this YouTube video by Codie Sanchez.
Strategic Land Acquisition
🗺️ Focus on specific criteria: 10+ acres in regions like West Texas, aiming for a budget under $10,000 and a tight 1-week timeline.
💰 Target areas near national parks or tourist attractions for potential income, ensuring the land allows for flexible use with minimal zoning restrictions.
📞 Utilize online land listing platforms (e.g., Land.com) and engage local realtors, but be prepared for slower response times in certain remote areas.
Due Diligence & Risk Mitigation
🔎 Crucially obtain a title policy (approx. $500) to verify the seller's ownership and confirm no existing liens on the property.
✅ Include a 10-day option period in the contract to allow for thorough property inspection and the ability to withdraw if issues are discovered.
🔬 Conduct essential site assessments for water well drilling, septic system viability, and the cost of extending electricity to the property.
🚫 Be vigilant against five common scams: sellers misrepresenting ownership or property condition, predatory owner financing terms, undisclosed flood plains, and retained mineral rights.
Monetizing Land & Business Models
⛺ Explore glamping or short-term rental setups using structures like yurts or renovated campers; one example shows a camper bought for $16,000 renting for $80-150 per night.
📈 Implement scalable business models; a 46-acre property with 10 yurts generated nearly $800,000 in gross revenue and $300,000 in net income annually.
🧑🌾 Leverage agricultural or wildlife tax exemptions (e.g., for cattle, honey bees, or hunting) which typically require 10 acres or more to qualify.
⚙️ Establish clear processes and delegate tasks to transform a property venture from a hands-on job into a self-sustaining business.
Key Points & Insights
✨ Persistence is key: Despite experts stating it's "impossible," it's possible to acquire land quickly and affordably with focused effort.
🔍 Prioritize comprehensive due diligence to avoid scams, as illustrated by a near-miss where the initial seller did not actually own the land.
🗺️ Seek out affordable land in remote, undeveloped areas that are still within a reasonable driving distance (e.g., 1-2 hours) of popular tourist destinations to attract visitors.
💡 Secure a cost-effective online presence for remote businesses using domains like .online, especially when traditional .com names are unavailable.
📸 Video summarized with SummaryTube.com on Aug 05, 2025, 07:59 UTC
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As an Amazon Associate, we earn from qualifying purchases
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