Combining Active & Passive Income with Infill Lot Development with Dan Haberkost

Dan Haberkost is an entrepreneur, investor, and land developer. Because of the financial impact of real estate investing, Dan left traditional employment at 23 and he now has the freedom to work on what he wants without being tied to any sort of job. Within the real estate world, Dan is currently working on a mixture of new development, land investing and wholesaling and he’s always on the lookout for a property that makes sense as a long-term buy & hold.

Dan Haberkost is the CEO of Front Range Land. At the age of 25, Dan Haberkost has managed to build an impressive real estate business & portfolio that allows him the freedom to live & work where he wants while spending a tremendous amount of time in the mountains and on the beach.

[00:01 - 04:19] Opening Segment

• Get to know Dan Haberkost
• Dan talks about how his active business feeds his passive business

[04:20 - 14:42] Infill Lot Development

• Let’s talk about land
  • Land that Dan is working on versus land others are working on
  • The difference between raw land and a piece of land that's developed
• Strategies in Investing in Infill Lots
• Dan shares his experience in learning the process of developing properties

[14:43 - 23:46] Combining Active & Passive Income

• There's no magical reason why the cost of real estate goes up in a lot of cities that have massive amounts of people moving
• Dan’s Top 3 Criteria in Finding His Contractors
• How to Combine Your Passive and Active Income

[23:47 - 31:22] Closing Segment

• Quick break for our sponsors
  • The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor. Learn more about Personal Capital at www.escapingwallstreet.com
• What is the best investment you've ever made other than your education?
  • House hack in Colorado
• Dan’s worst investment
  • His first duplex
• What is the most important lesson that you've learned in business and investing?
  • “Your ‘WHY’.”

Connect with Dan Haberkost through Facebook and Instagram. Visit his website https://danhaberkost.com/.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Tweetable Quotes:

“Real estate investing is a cash-intensive venture.” - Dan Haberkost

“I really wouldn't recommend anyone to pursue building something unless they really want to make a business out of it.” - Dan Haberkost

“Success in the long term is more about moderate gains while mitigating total loss. ” - Dan Haberkost