Sean Asada, is now a real estate broker and landowner from Iowa. He is an expert in the land buying process and he shares how he bought his farm, whether he recommends you to put it in an LLC, and so much more.

This is is not legal advice, neither Jake or Sean are attorneys and you should consult one for your specific circumstances. However, a valuable topic for these two to discuss and share their insight on it.

Enjoy!

To listen to the entire conversation, click the link:    • Turning 10 Acres Into A Dream Farm - ...  

We discuss:
• Sean Asada is a real estate broker in Iowa who has been licensed since 2017.
• He bought his first piece of land in 2008 during a time when the market was uncertain.
• Sean's entrepreneurial spirit led him to explore various sales experiences, including selling vehicles and appliances.
• Land ownership as an investment: The belief that land value will eventually increase regardless of market conditions.
• Trust is the foundation of a successful partnership. It can be tested by imagining scenarios like handing someone a million dollars or a tempting hunting opportunity.
• Selling properties can be emotional, but it's important to focus on the good times and be grateful for the opportunities.
• Utilize CRP enrollment to generate income from tillable land.
• Sean's initial interest in real estate began in 2004 when he started looking for land online.
• The initial motivation: Having a place to hunt without needing permission from others.
• The trend of hunting becoming a rich man's game: The unfortunate shift towards hunting being more accessible to those with financial means.
• Effective communication and a willingness to work through disagreements are key to maintaining a healthy partnership.
• Despite its poor condition, the investor saw the upside potential in the property and decided to buy it.
• Finding a place to hunt without having to ask permission is a driving factor for many buyers.
• There is no such thing as a perfect farm, so buyers must determine what imperfections they can live with.

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