Building Your Land Development Strategy with Thalia Cuadra
Release Date: 02/16/2023
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info_outlineMany of us have a misunderstanding about investing in land development, which is the misconception that we need a large sum of money to get started. However, investing in land development can be one of the most lucrative and rewarding investment opportunities available.
Not only can land development investments provide high returns, but they can also be a great way to create wealth. With the potential for greater returns than other asset classes, investing in land development can be the best way to diversify your portfolio.
In this episode, Thalia shares valuable insights on how investing in land development is not as daunting as one might think. She provides essential tips and advice to those considering investing in this space, making it easier to understand the process and get started.
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What you will learn from this episode:
- Unlock the potential of land development without breaking the bank and discover creative ways to finance land development.
- Learn the best tips to maximize your potential returns when investing in land development.
- Understand the mindset about wealth creation in real estate investment.
Meet Thalia Cuadra, a woman who decided to start her real estate journey a year ago.Thalia is a dedicated and motivated individual who believes in the power of hard work, determination, and taking action. She has a passion for real estate and loves the thrill of the hunt when it comes to finding the perfect investment property. Unlike many who enter the industry as brokers or agents, Thalia began by investing in real estate to create long-term passive income and build her portfolio. Through hard work, education, and business partnerships, Thalia has successfully purchased 13 units within a year, significantly increasing her net worth.Thalia is always looking for ways to improve and expand her knowledge in the field of real estate. She is constantly seeking out new opportunities to network with like-minded individuals and attend seminars and workshops to learn new skills and techniques.
In addition to her success in real estate, Thalia has also found fulfillment in starting her coaching business. She is honest with her students about her own learning and growth while encouraging them to take action and hold her accountable. For Thalia, taking consistent action has been the key to achieving her goals and making her dreams a reality. With her determination, work ethic, and passion for real estate, Thalia is sure to continue achieving great things in both her personal and professional life.
Connect with Thalia Cuadra:
- Instagram: https://www.instagram.com/investwiththalia/
- Facebook: https://www.facebook.com/thalia.cuadra.35/
Topics Covered:
03:35 - How Thalia got started in real estate
12:31 - The best thing about land development and what you need to know about it
14:56 - Going through the land development process and the first thing you need to do at the get go
18:20 - Important insights from Thalia's first land development deal
24:12 - Placing value on the power team and due diligence
25:16 - Valuable tips to consider when thinking of land development
26:36 - How useful is the recently passed Bill 23 for those deciding to invest in land development?
30:27 - Important advice when investing in land development
34:05 - What keeps Thalia busy these days when it comes to the real estate space?
Key Takeaways:
"The biggest wealth transfer is the mindset, it's not really the assets or the money, it's the skill set that you need to sustain that legacy. "- Thalia Cuadra
"It took me about a year to really get in the game, I went on multiple walkthroughs, I network with different realtors kind of got familiar with the space and my market, essentially."- Thalia Cuadra
"Throughout my journey, I've learned that money is never really the issue. partnership, networking, in land development is a huge thing."- Thalia Cuadra
"The great strategies with development is basically that you have multiple exits, before it can even be built." - Thalia Cuadra
"Get familiar with the neighborhood you're investing in because people living there can tell you a lot more than you probably think." - Thalia Cuadra
Connect with Mario Griffiths:
- Facebook: https://www.facebook.com/marioginvest
- Instagram: https://www.instagram.com/marioginvest/
- LinkedIn: https://www.linkedin.com/in/mario-griffiths
Connect with Ron Christopher:
- Instagram https://www.instagram.com/ron.investor/