Investing in Land with Michelle Bosch

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She Buys It

Business


Today on the She Buys It Podcast, Whitney sits down with Michelle Bosch. Michelle and her husband are changing lives across the country by buying land. Michelle moved from Honduras to America in 1995. She came to study and to get a job and live the American dream. She and her husband lived paycheck to paycheck, comfortably miserable. They hated it, working 60-80 hour weeks. Since they were both immigrants working toward citizenship, they had to keep their jobs. They didn't have enough time to go visit her family in Honduras or his family in Germany. It wasn't what they thought life would be like when they moved to America. So they started looking for a side hustle.  Michelle's family had had a great experience with real estate. She told her husband, "Let's look for some real estate," and they started to look at houses.  They had the immigrant disadvantage. They had no idea how construction worked in the US. They didn't know how to estimate repairs on a foundation, roof, or on a kitchen. They weren't knowledgable on how to find financing. Very quickly they found themselves in over their heads. But they also had the immigrant advantage. They came across a concept called tax delinquency. She went to a tax delinquency auction that ended up being extremely competitive. Quickly, Michelle found out that these tax-delinquent deeds were mostly of land. Where she lived, California, lands could not be auctioned off until they had 5 years of delinquent taxes. Thus she came up with her plan - getting ahold of landowners BEFORE their land went up for auction. Join Whitney and Michelle as they talk about tax delinquency, playing the long game of real estate, being a neighbor investor, becoming an expert in your niche, and real estate investing strategy. Michelle's advice for female real estate investors: "Don't lose sight of your why. At the end of the day, we all love money. I'm all about hard cash, but even hard cash is a matter of the heart when it comes to WHY you are doing it. Keep your eye on the ball when it comes to your why. Also, give it a taste. If it's something that you decide that you like, go all in. Or just keep it on hand as an additional strategy and an additional way of making money. There's nothing wrong with having an additional way of making money. Create some mastery, then move on to something else. There's an incredible ease that happens when you become a master of a specific technique or a specific domain." Connect with Michelle on https://www.michellebosch.com/, on the Facebook group, Land Profit Generator, or on Instagram @michelleboschofficial. -- Do You Want Immediate Access to the Top, Easy-to-Implement Steps to Closing Your Very First Deal?! Go to http://getyourfirstdeal.com/ and sign up!