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$532K in One Month Selling Land They Didn't Own Transcript, AI Summary & Key Points

Chris Koerner on The Koerner Office Podcast · Jun 14, 2026 · Education · 01:52 · EN

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AI Summary

Land wholesaling is presented as a low-cost, nationwide, largely virtual business model that can be started with an iPhone and an internet connection. The speakers describe earning substantial profits by placing properties under contract and assigning or reselling the transaction to buyers, including a best month with 37 deals and $532,000 in profit. They claim to have exceeded $100,000 per month for 40 consecutive months and describe individual deals producing six-figure profits.

Key Points

  • The speakers report completing 37 deals and generating $532,000 in profit in their best month.
  • They claim to have made over $100,000 per month for 40 consecutive months.
  • They describe land wholesaling as a middleman model that can be conducted virtually across the country.
  • They say the business can be started with an iPhone and an internet connection, without a degree, experience, or real estate license.
  • They report operating in 25 to 30 states and say they have never seen many of the lots in person.
  • Their first major deal involved acquiring four lots for $37,000 and making approximately $140,000.
  • They describe a deal in which a property was acquired for $1 million and sold to a builder for $1.11 million, producing a $110,000 wire 30 days later.

Business ideas

Virtual nationwide land wholesaling00:57

Act as a middleman in land transactions by locating land opportunities, securing a contract with the seller, and connecting the property with a buyer or builder for a profit.

For
Landowners who want to sell lots and builders or other buyers looking to acquire land.
Solves
Creates a transaction between land sellers and land buyers without requiring the wholesaler to visit the property or own the land.
  • A first-time operator acquired a property for $1 million, found a builder willing to pay $1.11 million, and received a $110,000 wire 30 days later.
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Transcript

Searchable transcript of $532K in One Month Selling Land They Didn't Own — Chris Koerner on The Koerner Office Podcast (01:52). Search for a phrase, then click its timestamp to jump straight to that moment in the video.

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00:00 Our best month that we ever did was 37 deals in $532,000 in profit. >> Right. >> In one month? >> One month, single month. [music] >> We've done over $100,000 a month for the last 40 months straight. >> We go down to the mailbox and every other day almost we would have a signed contract that was a deal [music] just in there, never spoke to the seller, nothing.

00:15 They just received the contract from us, they would just sign it, return it back, and deal's done. If you can do [music] one deal a month, and one deal for us takes 30 minutes to an hour, you're making over $100,000 a year. >> Yeah. >> I have not seen another business model where I can make a cold call to someone I've never spoken to and with no degree, no experience, no real estate license, nothing, make a quarter million dollars.

00:34 >> We were pen and paper, [music] whiteboard for the longest time. >> start this with nothing? >> Oh, 100% >> iPhone, internet connection. >> Yeah, we had somebody that just did one, he got a property, and he got it for a million dollars. And he had a builder at 1.11. 30 days later it was his first land that he got $110,000 wire. The beauty of it is even if you're starting out for free, you have the opportunity to hit six-figure deal.

00:51 If you're making 10% [music] on $750,000, that's $75,000 in profit. >> middle manning the transaction essentially, right? >> I love being a middle man. >> Yeah, it's the best. >> Hamid [music] and I say this all the time, we joke about it. If we lost everything, if we went bankrupt today, we could go into a public library completely for free, go on Zillow, and make 20K [music] a month wholesaling land in the high acres.

01:09 >> Yeah. >> With a flip phone. >> We've never seen these lots, right? So, we we do it all virtually. >> Is it nationwide or Florida? >> Nationwide. Nationwide. So, we've done 25, 30 states now. >> Yeah, I feel like this is so much better than wholesaling homes. >> We were 19 and 21 [music] years old, and we had our first big deal per se that came in, and it was we we were getting four lots for $37,000.

01:26 [music] Um and we were about six months into it. The seller actually reached out to me. She called me, and she said, [music] "Hey, listen, my husband and I, we got these properties 10, 20 years ago. They paid like literally probably $800 [music] for each of them." She was like, "Listen, I want $40,000 for all of them, right?" And And that deal ended up making us about $140,000, [music] and that was kind of like the breakthrough for us.