In this episode of The Modern Financial Podcast, Andre features Robert Hodges, SVP of Land Banking at CalChoice Investments. Investing in land is an age-old investment vehicle, but there are now multiple ways that you can enter land banking that involve no cash out. Robert details how you can roll over your investments to land banking by essentially just signing some documents, and selling it for more than you paid for at a later date. Land banking offers a way to safely diversify your investments, enter land ownership, and safeguard against economic downturns which saw other more traditional investment classes take massive hits.
HIGHLIGHTS
QUOTES
Robert: "Every wealthy client that I have has land in their portfolio. So is it really an alternative investment or is it an investment of choice of the wealthy?"
Robert: "We're a for profit company, we got to be able to make our money to stay in business, and still deliver that parcel to our clients at at least 20% below what other things around it, zone the same, have already sold for."
Robert: "Wouldn't it make sense, and we're not saying take all of it, a portion of that money that's sitting at all-time highs right now, and move it over to an investment that is not as adversely affected in a downturn in the market?"
Reach out to Robert by checking the following link: