Investing Without Cash or Credit with Peter Conti

Worlds #1 Greatest Commercial Real Estate Mentors Issue Bold Challenge

Because we have been called the “Worlds #1 Greatest Commercial Real Estate Mentors” it’s not a surprise to anyone that we get attention from two very different types of people. The first category is people like you. Someone who is serious about taking big steps in their life and isn’t afraid to search for knowledge or guidance to make sure that you get where you want to go.

The other category contains those who say they want to do big things but when push comes to shove, they quickly come up with a thousand reasons why they can’t do something new. I don’t have the money yet, I’m going to wait for a better time, real estate would be great but only if I got started ten years ago... and they go on and on. By coming up with excuses to give to other people they convince themselves in the process that they are doing the “right” thing by playing it safe.

We believe to the core of our being that a willingness to step up to the challenges life offers us is what makes champions of us all. There is a reason that you are reading this book. It just may be that you are finally ready to take the first step towards living the life of your dreams. To prove that commercial real estate investing is really possible, we recently took the bold step of issuing a challenge to the press to prove that anyone, and we do mean anyone, can make $1 million or more by investing in commercial land development.

After all, if a former auto mechanic and introverted engineer can make a fortune investing in commercial real estate, then you can, too.

Here’s the challenge that we sent out to 3,159 TV stations, radio stations, and newspapers:

“Give us a team of people who are committed to going after their dreams and within 90 days they will have a land development deal under contract and within 180 days the project will be fully underway. By the time the team is done they will have developed the knowledge and confidence to be able to put together commercial deals on their own and they will have made $1 million or more.”

 

We believe that the key to making things happen is in making a commitment that you can’t back down from. We have publicly put ourselves on the line and now the pressure is on. We are going to win or lose with the whole world watching us. To watch those we’ve picked to be on the challenge team in action and cheer them on, go to www.landdevelopmentchallenge.com.

Get the Green Light on Your Land Development Deals

Right now I’m up in Maine with my folks who summer up here. It’s wonderful to spend some time with them. If you don’t have a lifestyle that allows you to spend quality time with the people you love most, it’s time for you to reach out and grab it. If you are serious about making a change in your life grab me by the hand so I can guide you All The Way To Your First $40,000 In Profits.

By the way... I don’t mean to offend anyone, but.... oh what the heck. If you are unable to commit to something that is guaranteed to work but that might seem “scary” at first or “take some hard work”, please do everyone a favor and do not click the link above!

Some of our Commercial Mentoring Program™ students are studying the zoning and approval process so that they can make Millions (yes Millions) doing land development projects.

While we often think of the planning and zoning officials as roadblocks to giving us the green light on our land development deals, it’s important to understand what zoning is all about.

Here’s a quote from the Anytown USA zoning and planning department:

Our purpose is to promote the health, safety, and general welfare of the residents; to encourage the most appropriate use of land throughout the municipality; to promote traffic safety; to provide safety from fire and other elements; to provide adequate light and air; to prevent overcrowding of real estate; to promote a wholesome home environment; to prevent housing development in unsanitary areas; to provide an adequate street system; to promote the coordinated development of unbuilt areas; to encourage the formation of community units; to provide an allotment of land area in new developments sufficient for all the requirements of community units; to conserve natural resources; and to provide for adequate public services, as an integral part of a comprehensive plan for municipal development.

Big picture is that these agencies want the same thing we do, but the people that work there just don’t make big piles of money from commercial real estate like you and I do. So the key is to understand how to connect and create relationships with “City Hall” rather than running in the door and asking them to approve all of your projects.

Come to think of it, this makes sense in any relationship that you are getting into. Get to know the other person and find ways to help them out first. Then, later, you’ll find that you’ve got a friend on your side to help you out.

As I mentioned, right now I’m sitting on the porch at my parents’ small home up in Sidney, Maine where they spend their summers. We have roots here going back 200 years to John Quincy Adams. (Whom my grandmother insisted that we are related to)

 

I’m looking across the field to the farm where my brother works on my cousins’ dairy farm, milking cows. Even though the land that his houses is on is not very big, the view out my brother’s backyard is across lush green fields and trees as they slope down to the river. As you stand on his back deck, you'd never guess that this area has absolutely no zoning whatsoever. This means that if someone wants to rebuild a school bus in their front yard, then they can do it.

 

Luckily most of the neighbors work together to keep the community looking fairly nice. In effect, the zoning and planning department of any municipality work just like the community does in Sidney. It’s just that in bigger cities you’re going to deal with the planning department rather than your neighbors.

 

To Your Success,

 

Peter

 

Why Land Development Will Make You Rich

When you take a five acre piece of raw dirt that is worth a million dollars because it's in a really good area, and you change its use, better known as zoning, there's a very good chance that the value of just that raw land can go up 25 to 100% in value. Assuming you know how to raise the funds using private investors, you buy it for a million. In a couple of years, depending on the community; and what's going on, you go through the entitlement process, which can take you from a year to two years, you can double what you paid for the property. 

Okay so now you made a million dollars in a two year period, so how much is that per year? If you do in the math with me, that equals Five hundred thousand.  How many people do you know who make $500,000 a year? So if you know, you can hit pay dirt in land development, what's holding you back?

It could be the money you say. I hear you. When we started out we didn't have much money either. The neat thing about land development, is just like other types of real estate, you can put together land development projects without using much of your own money. 

Listen to some of the stories from my Commercial Mentoring Program™ students who are doing it right now! If they can do it, you can too. Need more proof? I started out as an auto mechanic, come on. Go for your dreams. Live BIG.

To Your Success,

Peter

 

 

Peter's $1 Million Dollar Land Development Challenge

Ok,

I did it again.  I opened my big mouth and now the pressure is on.

We're going to prove that anyone can make a fortune investing in commercial real estate.

Here's all the details