Episode Transcript
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0:00
Hey friends. Welcome back to the Old Fashioned On
0:02
Purpose podcast. So I get
0:04
a lot of questions that come to me through email
0:06
and social media and all the places. And
0:09
I always notice some interesting themes in those
0:11
questions. And one particular set
0:13
of questions that comes time and time again would
0:15
be, how do I find land
0:18
and how do I make money from
0:20
my land and, you know, it's.
0:22
It's always, sorry, Felix,
0:24
we can cut that out. When I get those questions,
0:27
I pause a little bit because even though
0:29
I've done that personally in my life, sometimes
0:31
I feel like I don't have the perfect formula or model
0:34
to hand to someone who's trying to
0:36
follow in our footsteps because, you know, our life's
0:38
a little different. We have a unique situation.
0:40
So I thought it was high time that I have someone
0:42
join me here on the podcast who. does
0:44
actually have a really compelling model and a really
0:46
neat story around these very questions.
0:49
So Jamie Friesen, welcome
0:51
to the podcast. I am so excited to chat
0:53
with you more today.
0:55
Yeah. Thank you for having me. I appreciate it. And
0:57
I appreciate everything that you do for everybody
0:59
here.
1:00
Absolutely. So start us off. I'm
1:02
guessing people may have run into your content without
1:05
realizing it, but just kind of give us some background
1:07
and how you got into this world
1:09
and why you're so passionate about this.
1:12
Yeah. I mean, I think that I
1:14
wanted to do this probably
1:16
since about the age of 13, I kind of just saw
1:19
the way society was going and that there was a bit
1:21
of a broken system and that, you know, people. school,
1:25
then they go on and get into
1:27
debt going to college or university
1:30
and then to get a job they don't like to pay for a house
1:32
that they don't even really live in because they're
1:34
too busy working their job and all the rest.
1:36
So that kind of scared me at that
1:39
age. And I figured And then
1:41
later went through some mental health battles and stuff,
1:43
my brother and I both, and between
1:45
the two of us, we kind of, it was kind of our
1:47
Pandora's box into seeing a lot of the
1:49
more broken systems in society, from healthcare
1:52
to finance to food systems
1:54
to all sorts of stuff. So we figured
1:56
the best way to do it, if we're going to sit there and complain about
1:58
it, that we should probably go out and start from scratch
2:00
and try to build a better way of living. And,
2:04
that's what, that's what we did. And so we ended up during
2:06
COVID my business went bankrupt. So I
2:08
was in a very bad spot financially.
2:10
I didn't know how I was going to even put
2:12
food on the table in the next couple of weeks kind of
2:14
deal. And yeah, we ended up using
2:17
strategies that we'll talk about on this call to be
2:20
able to acquire, we acquired 160
2:22
acres in Rock Creek, British Columbia.
2:25
And we are we built that
2:27
into a homestead. We a retreat
2:29
center. We ran retreats and short
2:31
term rentals in the first years, and
2:34
we are building out a permaculture
2:36
farm with 35
2:38
plus ponds, a full pond network
2:40
for gravity feeding our orchards and
2:43
and our cattle, given our Unique climate
2:46
and whatnot are are we
2:48
don't have enough water on site from our well to
2:50
be able to Provide for all the cattle
2:52
that we would like so we need to basically
2:54
have quite a large earthworks project But
2:57
yeah, we want to be able to demonstrate that you can
2:59
do this in very hard places
3:01
as well, so yeah, that's that's kind
3:03
of us we were We were feet
3:06
on the ground for seven months with barren
3:08
land. There's nothing on it, no well, nothing
3:10
at all. And we went from, from nothing.
3:13
And seven months later, we were making about 30,
3:15
000 a month on the property.
3:17
Wait, hold on. Seven months, nothing to
3:20
making 30, 000 a month in
3:22
a seven month time span. I heard that right. Okay.
3:25
That's notable.
3:27
Yeah. Yeah. It was, yeah,
3:29
sorry, go ahead.
3:30
No, I just like, that's the dream that it's
3:33
almost, yeah, that people don't think it's possible. So
3:36
that's outstanding.
3:38
Yeah, so that was a mixture of short term
3:40
rentals hosting retreats or renting
3:42
out space for other people to host retreats
3:44
and and just letting folks like, you
3:46
know, rent some space. Like we had somebody come
3:49
up and they just want to get out
3:51
of the city and they wanted to have a small
3:53
wedding. So they came in and it was like,
3:55
they just paid 15, 000 for a weekend
3:57
to come camp out and just. There
3:59
you go. Which was, which was pretty pretty
4:02
reasonable compared to people paying
4:04
30, 000 for four hours at a golf course
4:07
for, for an event like that.
4:09
You were a deal. So,
4:12
yeah. Okay, so so many questions. First off,
4:16
you're, you're speaking to broken systems, which is
4:18
totally my language and the language of this audience. Like,
4:20
that's one of our favorite things to talk about is how do we... Get
4:23
out of those systems and repair those systems and make better
4:25
systems. So that's just hit the
4:27
nail on the head. I'm curious,
4:29
like this was a big leap. You were an entrepreneur. You had the really
4:31
successful businesses prior to COVID. Like,
4:33
did you have agricultural or
4:35
homesteading or self sufficiency experience before
4:37
you took this plunge or were you going in
4:40
cold Turkey?
4:41
Yeah. We had, we had, we had, like,
4:43
I've never grown anything in my life. As far
4:45
as like, yeah we actually we
4:47
had two permaculture. Consultants
4:49
living on site full time that maintained
4:51
and managed the entire garden and chickens
4:53
and all of that stuff. Basically whatever
4:55
we didn't know, we just outsourced and
4:58
we would use certain strategies such as hosting
5:00
workshops for being able to afford.
5:03
Like world renowned experts to come in and help us
5:05
with our projects. So we would, for example,
5:07
sell at a workshop that would pay
5:09
for the consultant to come and do a full design
5:12
or do a full workshop on our property and build out
5:14
whatever it was that we needed to be built out. So
5:16
they would come and spend like three to five days
5:18
with us prior to the workshop, and then
5:20
we, they would host the workshop on
5:23
like the Saturday, Sunday. And
5:25
the tickets cost for the workshop would
5:27
pay for them for the entire week.
5:29
Okay.
5:30
So that, that was like, that's just an example of like one
5:32
strategy that we would use to try,
5:34
basically learn really quickly because
5:36
we didn't, we we didn't want
5:38
to go like, for example, with
5:40
this kind of thing as, as I'm very
5:43
sure you know, you kind of need to be a little
5:45
bit good at a lot of things. So if
5:47
you were to try to go to you know,
5:49
get a degree in all of the hundred
5:51
things that you need, you would spend a dozen
5:53
lifetimes trying to gain
5:55
that knowledge. So we knew we needed to learn
5:57
really, really quickly. And that's one of the strategies
6:00
that we use to learn really fast and learn
6:02
from people who had that expert knowledge.
6:04
Well, we didn't have the money to pay people to
6:07
do it.
6:08
Yeah. That's an incredible way to create leverage.
6:10
That's brilliant. Because, I mean, these
6:12
skills are really lifetime skills for a lot
6:14
of people. And to be able to fast track like
6:16
that is, is outstanding.
6:19
Yeah, the, I mean, we did come in with some
6:21
construction experience, so like Shelby
6:23
and I both grew up in the construction industry and
6:25
he was in metal fabrication and I
6:27
was in, I kind of worked a little
6:29
bit everything. I was in electrical mainly,
6:31
but I grew up, you know, framing and,
6:34
you know, floor laying and like doing a little
6:36
bit of everything. So, you know, we were pretty
6:38
competent with our hands and tools to be able
6:40
to do that kind of stuff. Although we
6:42
have, we have now with our program
6:45
we have what are we at? I
6:47
think we're at 6, 000 customers,
6:50
6, 000 clients across 22
6:52
countries or more. And many of them
6:54
are basically the way that we
6:56
see it is you can strategize your way around anything.
6:58
Like if you don't want to build something, then
7:00
we have lots of suppliers that build
7:03
very cool, very unique. flat
7:05
pack structural options
7:07
that you can put in the back of a pickup truck and drive
7:09
into the bush. And you can set it up in two days with
7:11
instructions like an Ikea kit and
7:13
they're rot proof, they're mold proof, they're fireproof,
7:15
they're, and they're, they're quite nice.
7:18
So yeah, there's lots of, basically if you don't
7:20
know how to do something, there's always a way to strategize
7:22
around it. And a big part of what we help people
7:24
with is creating that strategy so
7:26
that people are able to. Do this
7:28
successfully and allocate their time and
7:31
their resources correctly, because
7:33
one wrong, one wrong decision
7:35
allocating your time and resources could
7:37
make you go bankrupt and not be able to do this.
7:40
I'm trying to get a, a, just a mental picture of
7:42
your land. Because I'm picturing, you know, in seven months you had
7:44
weddings there. It must, is it just like, super picturesque?
7:46
Is this like, I'm picturing just like, water trees.
7:48
I'm picturing just like, National
7:50
Park quality land? Or is this just more
7:53
average land?
7:54
I wish it's
7:56
I wouldn't say it's average, but I would say it
7:59
was undervalued. So that's
8:01
kind of what we went for, because we didn't have very much money.
8:03
So we Well, basically,
8:06
this kind of gets into how we
8:08
like we'll talk about in a moment, I suppose,
8:10
how the financial model that we use
8:12
to be able to attract what I call
8:14
a mortgage partner to come in. And basically,
8:17
they come in and help out with the down payment and
8:19
they take a portion of ownership in the property,
8:21
and then we're responsible for paying the mortgage
8:24
on the property. So they benefit
8:26
because they put in the upfront
8:28
money, but then they don't do anything.
8:31
They just sit there. And we've, we've 5x'ed
8:33
the value of the land since then. So
8:35
it's now worth about a million bucks. So they've
8:37
sat back and done nothing, and their value has gone
8:40
up by 5x. And that's why somebody
8:42
would be able to... That's why somebody would want
8:44
to help somebody get into property like this. But
8:46
even with that, we knew that if we
8:49
started with something a lot cheaper, it would just be a lot
8:51
easier to find somebody to help us. So
8:53
we started with property. It would cost 200,
8:55
000 bucks, which is some places that
8:57
might be more expensive, but in British Columbia here,
9:00
that's like very, very affordable because
9:02
most properties are in the millions. So very
9:04
expensive here. And it
9:06
was the reason it was cheap was because we're basically
9:09
on top of a mountain were double the elevation
9:11
of our nearby town. We're at 4500
9:13
feet. It is not traditional farmland
9:16
at all. The terrain is very crazy.
9:18
We have a full mountain on like a quarter
9:20
of it. So out of 160 acres, there's
9:23
probably. Probably 50
9:25
acres of that is literally just like the base
9:28
of this mountain that takes about 40 minutes
9:30
to climb. So it's a, it's like pretty
9:32
significant terrain and we're having, but
9:34
we, we kind of believe in trying to
9:36
see those. Most
9:38
people would walk into a situation like that and be like,
9:40
I don't want it. And they think that's a bad thing.
9:43
And we want. So we want to be able to
9:45
find strategies to flip that and
9:47
say, okay, what are the pros of this?
9:50
And the pros is that it's beautiful.
9:53
We're on top of a mountain. Your views are
9:55
incredible. You know people come and
9:57
they've come up and we've had multiple proposals
10:00
on top of our lookout point with just
10:02
like Mountains rolling mountains
10:04
for as far as you can see And people
10:06
wanting to come back every year for their anniversaries
10:08
after that and things like that But
10:11
yeah, it's also like our soil is dust.
10:13
We're in a desert alpine climate,
10:16
so it gets, you know, 51 degrees Celsius
10:18
in the summer and negative 30 degrees
10:21
Celsius in the winter with four feet
10:23
of snow. So it's a, it's a difficult
10:25
terrain to, to operate in.
10:27
And that's why it was so cheap, but
10:29
we were able to flip some of those things for people
10:32
to want to do it, to come out there and, and
10:34
whatnot. I don't think I'd overcomplicate
10:36
it. I honestly think that people just want to get out of the city.
10:38
That's like the main thing that we hear as to
10:40
like why people even want to come out
10:43
there is that to us,
10:45
it's normal. It's just like, whatever,
10:47
it's inconvenient. We're driving up this big
10:49
hill to get to our land, but for them,
10:52
it's an adventure. It's an amazing thing
10:54
just to get out of the city and just chill out and
10:56
just be in the, be in the trees and just like
10:58
that, that's all they want. That's all they, and more
11:01
people need more of that. So
11:03
another big reason why people come up is one of our strategies
11:06
that we use is called wow factor. So
11:09
there can be natural wow factors such as the
11:11
mountain for people to have a cool view
11:13
or you could have a river, a creek running through
11:15
your land. Those are all reasons people would want to
11:17
come to your property and, you know, buy
11:20
your produce and stay for a night if you
11:22
have, you know, stuff available or
11:24
like rent a field out back.
11:26
To have a wedding, like whatever, right? But
11:29
either can also be manmade ones. So one
11:31
of our biggest ones is actually a hydrotherapy
11:33
spa. It was a sauna. We
11:35
made, we actually built one. We, we found
11:37
a, a solid oak wine
11:39
barrel left over from an old winery
11:42
and we picked it up on Facebook marketplace
11:44
for a couple of grand and we turned it into
11:46
like a custom built sauna, a wood
11:48
fire sauna. And then we. Took
11:51
some like 300 troughs
11:53
and threw some water in it. And there's the ice bath.
11:56
And then we just had a fire pit and,
11:59
and people absolutely loved it. People
12:01
drove six hours from Vancouver
12:04
to come up for one or two nights. Just
12:06
because we had photos of this sauna
12:08
and they would get up and get to use it. And, and
12:11
yeah, it was a very that, that seems to be
12:13
like one of the best bangs
12:15
for your buck is, is to get a sauna
12:18
and hydrotherapy set up to attract people
12:20
in, but it could be anything. It could be hammocks
12:22
or nets up in the tree or even the dwelling
12:25
itself. Maybe you want to put a cool
12:27
tiny home or a shipping container home or a Hobbit
12:29
home, or like something that's unique, that's going to
12:31
attract people. Yeah.
12:35
sauna story. That's awesome. Okay.
12:38
So my, my, my wheels are turning. I'm
12:40
really, especially honing in on what you said about
12:42
the undervalued lands because
12:44
I have, when people ask me and I, I, this
12:46
is not my wheelhouse, like it is yours, but people ask
12:48
me all the time, like, how do I find land? And that's kind of usually where I
12:50
start with. And I say, you know, we bought ugly duckling
12:53
property way back in 2008. So
12:55
it was a little different. Homesteading wasn't cool. It
12:58
was like, fixer uppers weren't
13:00
cool. It was just like, Oh, y'all are crazy. Okay. But
13:02
like the ugly duckling land is what got us into
13:04
what we have now. But when I tell that
13:06
to people here in 2023, they're like, yeah, but
13:08
even the fixer upper, the, the, the crummy
13:11
land is super expensive right now. So
13:13
what would you say to someone who's desperate to
13:15
buy land? They want it so bad, but they're still finding
13:18
the not great stuff out of their price range.
13:20
Hmm.
13:23
way is like, you can go on something
13:25
like discountlots. com right now, and
13:28
anybody that works at McDonald's can afford
13:30
land. Like there's zero excuses. You can get land
13:32
for a dollar down and 300 a month.
13:34
And you know, when people try to tell me
13:36
that that's like, it's really
13:38
just the level of sacrifice that somebody might be willing
13:41
to make or not make right where, you know,
13:43
are you going to find the perfect property right next
13:45
door to you that you're like comfortable moving to?
13:47
No, probably not. But you can
13:49
find something that will work and
13:51
if you're willing to make the sacrifice when
13:54
we started this, we drove
13:56
for six hours through the mountains all the time.
13:58
We drove up and back every single week, running material
14:00
loads up here, just trying to make it work, right? We
14:03
have clients that fly across the country to do it.
14:05
I'm in Canada, so discount lots isn't the thing.
14:07
I don't have those kind of owner financing options
14:09
here. Although like there's ways to do
14:11
it yourself, which we'll talk about on this call, but in
14:14
the U S if you, you like, there's,
14:17
it's kind of a lot easier because of, because of
14:19
that, you have more, you have more financial options and discount
14:21
lots. com is pretty sweet. So,
14:24
you know, when people say that, I'm like, man,
14:26
like I go on there all the time and I'm like, okay, here's
14:28
a 10 acre lot, an hour and a half
14:30
outside of LA. And I'm
14:32
like, this is, this is great. Like you could do all sorts
14:34
of things. The zoning is perfect. You can run a business
14:36
on it. You can grow food, you can sell food, you can
14:39
do whatever you want. And people are like, Oh, well it's in
14:41
this little town and the town's beat up. And I'm
14:43
like, dude, it takes me two
14:45
hours to go get groceries in a shitty
14:47
little town. You're, you drive for
14:49
an hour and a half. You're in downtown LA. You can
14:51
get whatever you want. So like suck it up.
14:53
Like that's just a, that's just a part of it.
14:55
Right. And, and it does, it's not a forever
14:58
thing. Right. Like, it's not like you have to be
15:00
there forever, but if you went there
15:02
and you proved the model and you started
15:04
doing it and you established that credibility that,
15:06
and you increase the land value. Either
15:09
you increase the land value and have enough income
15:11
from it that you can then sell it and
15:13
go move and buy the big property of your
15:15
dreams that you really want. And you can level
15:17
up like that or you establish the credibility
15:19
and you get a mortgage partner or investor to go in
15:21
on you with the next project so that you can get what
15:23
you want. So it's just like, and
15:26
if you want to live that lifestyle, then the goal is
15:28
to also make peace with your journey, right? Like
15:30
if you're out there and you're doing it and that's the lifestyle you're dreaming
15:32
of doing, then like, why are you complaining?
15:34
You get out there and learn how to be happy with it.
15:37
Yeah, good advice, I think, for anything in life,
15:39
right? We all want the easy path. That's what people
15:41
are looking for. But I know everything good in our life
15:43
has come with another measure of sacrifice and it's
15:45
easy to look back now and it looks like a romantic
15:48
story to people, I think, of, you know,
15:50
happily ever after. And I'm like, no, no. When we were in
15:52
the trenches, like it, it was a slog, but
15:54
I'm so glad we did it because it's, it gave us the ability
15:56
to have what we have now. Hey friend, I'm interrupting
15:59
this episode for just a second to give a shout out
16:01
to our sponsor, Genuine Beef.
16:03
Now, this is actually my beef company,
16:05
the one that my husband and I started a
16:07
number of years ago to bring our grass finished
16:10
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16:12
I know that whenever we start to shift into
16:14
this fall and winter season, I get
16:17
the very primal urge to
16:19
stock up on food. And I know many of you
16:21
feel that same way. So we have put together
16:23
a freezer filler special to help you do
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just you're going to get four of
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16:43
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16:52
if you want to grab a box or two
16:54
or three, head on over to the prairiehomestead.
16:57
com slash freezer to
16:59
grab your bundle. And I'll go ahead and drop that link
17:01
in the show notes too. Now back
17:03
to our episode. so
17:06
I think that's such a great point about just
17:08
having to be willing to sacrifice and do what no one
17:10
else is willing to do. I think we all too often
17:12
just want that easy path. It's just human
17:15
nature. And I know looking back at my own story.
17:17
The best things I have now were a result
17:19
of taking that unbeaten path,
17:22
doing the thing that was harder. There
17:24
was an element of suffering and sacrifice during the
17:26
time, but like now we can look back at it
17:28
fondly. So it just, it works.
17:30
You just have to be willing to put in the sweat and
17:32
the blood and the tears sometimes.
17:34
Yeah. And I agree with the,
17:36
I mean, the memories are very fond for sure.
17:38
Like it's, it's a journey. It's like, you know, really
17:41
cool stories to be able to, you know, tell
17:43
your kids one day kind of thing. And yeah,
17:46
also bonds you with your tribe
17:48
and the people that are helping you. And it didn't,
17:50
it doesn't really last that long, at least not, at
17:52
least not for us. And like, you know, we're
17:54
here to try to help people not make
17:56
the mistakes that we did. But even when we did make
17:59
a bunch of mistakes, you know,
18:01
the hardship was really only for probably
18:04
the first couple of years, like two
18:06
and a half years kind of thing. And
18:08
it's pretty comfortable now.
18:11
Yeah, yeah, that's a great point. It
18:13
doesn't last forever. Even though it might feel like
18:15
at the beginning, it's actually a pretty short
18:18
window of time in the long run. Yeah.
18:21
Okay. So that was the big, one of the big
18:23
elephants in the room is how do you find lands?
18:25
And then let's take it to the other angle.
18:28
Someone has a piece of land in mind,
18:30
but they're trying to figure out how to come with the fu come up
18:32
with the finances to make it happen.
18:35
What advice would you give to them?
18:37
Yeah. On the financial side. So, I mean, first
18:40
I think on like the land finding side, the
18:42
way that we look at it and help clients
18:45
is I think there's like the how to find land
18:47
and then there's how to assess it to make sure that
18:49
it's like actually the right land for you
18:51
and is going to work for your needs. So
18:54
first off, I always tell people like, if
18:56
you don't have a plan, then you're not even
18:58
ready to begin looking for land. You
19:00
need to create a bit of a plan first, because
19:02
if you don't know what you're doing on it, then you
19:04
don't have any way to know
19:06
if that property is actually right for you. Like if
19:08
you want to go out there and you buy land and then all of a
19:10
sudden, two years later, you, you, you decide
19:13
I want 400 head of cattle. Well,
19:15
your well might not be good enough for that,
19:18
or if you decide that you want, you know, to
19:20
grow a certain type of thing and you're like, well, your
19:22
climate and your son and like, everything
19:24
might not be right for that. So
19:27
you need to know what you're going to do with it,
19:29
or even like land zoning is another really big
19:31
one. You want to go out there and like live with multiple
19:33
families like a lot of our clients do kind of
19:35
thing and like have a multi generational thing. Well, if
19:38
you want to build a certain amount of structures, you
19:40
pick the land wrong. The wrong
19:42
land zoning, then you just don't
19:44
get to do that. So you have to have that
19:46
plan in place and know what you want to do before you
19:48
even begin kind of going through the process.
19:50
But generally we have a bit of a funnel
19:53
system for finding the location
19:55
of a property. So first we started
19:57
a really high level. So very broad questions
19:59
like, you know things that
20:02
you might want to grow because if you want to grow avocados,
20:04
then you're probably not going to be coming to Canada. And
20:07
then the other thing, so that would be like
20:09
climate. And the other thing might be like even
20:11
political climate is, is one, like
20:13
if you have certain, you know, beliefs
20:15
or, or whatever that you align with, well, that
20:17
might gravitate you towards different areas
20:20
of a country, even different areas of the world.
20:22
So that's going to like help you select a more
20:24
general region. And then once
20:26
you get into that, then you'd want
20:28
to start looking at proximity
20:31
to local towns and
20:34
cities. So for us, we
20:36
would prefer to be within two hours
20:38
of a large city, large
20:40
city being something that you can
20:42
essentially. How to get anything
20:44
that you need from so like if you
20:47
need specialty car or specialty
20:49
machine parts or something like that, you know,
20:51
a machine breaks down and you're gonna if you have
20:53
to drive eight hours to get a part and
20:55
then you get back and you use it, you realize it's the wrong
20:58
part and then you have to go, you know, like it just
21:00
that really sucks. And then within 30
21:02
minutes of a small town, preferably that you're able
21:04
to get food and fuel at a
21:06
bonus would be like a building materials store
21:09
kind of deal. So that's, that's usually what we're
21:11
going for. Thank you. Because and that's kind of makes
21:13
a little bit easier because you can actually go on a map and just draw
21:15
a circle around the larger
21:18
populated areas and then smaller
21:20
circles around the other things and just kind of like see
21:22
where they overlap. And then you start to see where you
21:24
might be able to find stuff that's available
21:27
the next. I would then get into land zoning. Where
21:30
you would like find the right land zoning for you,
21:32
and you can actually look that up on government maps.
21:34
It's mandatory that the
21:37
that the government provides these maps, so you can
21:39
either go on their websites and
21:41
if you can't find it on their website and their footer, then
21:43
you can email them and they have
21:45
to send them to you. So those are, you can,
21:48
some of them are more user friendly than others.
21:50
But some of them are quite easy and actually
21:52
have a list of land zoning and when you know, which
21:54
land zoning you want, you can just toggle it
21:56
on and it'll highlight it on the map and you can
21:58
just see exactly where that land zoning is. So
22:00
we actually just built a product because it can get a little
22:03
time consuming when you're going like county by county.
22:05
Like it can take some time. So we
22:07
actually just put together a product in the last
22:09
couple of months. We had somebody working full time
22:12
to basically list and map out. All
22:14
of the no zoning and unrestricted land zoning
22:17
in the, in all of North America. So
22:19
that people can, it's, it's the ultimate
22:21
zoning that you can do anything you want. You can build a thousand
22:23
homes on it. You can have anybody living there. You can
22:26
put, you can run a business without a business license
22:28
and like all sorts of, you know, amazing things
22:30
for somebody who's looking for that freedom oriented
22:33
lifestyle. So yeah, that's the land zoning
22:35
that we have. And one of the benefits
22:37
of why we wanted the property in the first place,
22:40
um, and then you would go into like an assessment
22:42
list, which, you know, would start
22:44
with just a bunch of different things to look
22:46
at, like, what's the well look like? What's
22:49
the gallons per minute on the well? Can you drill
22:51
a well? What is if you can't drill a well? Then
22:53
you should go talk to your you should get a water
22:55
map so you can look at your neighbor's wells from the local
22:58
county. You should also go to
23:00
the local well drillers and they should be able to tell you what
23:02
gallons per minute that, because they
23:04
probably remember drilling your neighbor's wells. And
23:06
they should be able to tell you a bit about water quality and a little bit
23:08
about the depth of the wells and a little bit about.
23:11
The bedrock, which equates to
23:13
how expensive the well drilling might be.
23:15
And yeah, so you're going to want to go through a
23:17
bunch of different things on there, like terrain,
23:20
south facing for sun, like, you
23:22
know, soil tests. I personally
23:24
like to have a permaculture designer come out and
23:26
assess the property for water
23:28
catchment and all sorts of different things they can
23:31
tell you. All sorts of stuff
23:33
that like when I walk around with
23:35
we've had probably eight different permaculture designers
23:38
working on our project so far, I learned
23:40
so much. They look at the land in a totally
23:42
different way than the average person does.
23:44
And you probably learned so, so much. So
23:46
definitely valuable to pay 1500
23:49
bucks and have somebody come out and
23:51
Do a assessment of the property with you.
23:53
So you know what you're getting into before you make
23:55
potentially one of the largest buying decisions in your
23:57
life. So yeah, there's more
23:59
to the land assessment stuff. So
24:02
when you finally find something
24:04
that is you know, what is suitable
24:06
for what you're trying to do, then we get
24:08
into how to Raise the funds
24:10
to do that. So we have a couple of different methods.
24:13
And the first one is
24:15
like find cheap land that you can afford.
24:18
Just straight up. The second one
24:20
is the BERS is, is like basically
24:22
a rural version of the BERS method.
24:24
So the BERS method stands for
24:27
buy, renovate, rent,
24:29
refinance. And that
24:31
is a very common real estate investing
24:34
method. In suburban real
24:36
estate and city related real estate,
24:38
but we didn't see people really applying that to
24:40
rural land, even though the numbers
24:42
work out a lot better. So I'll explain
24:45
what the average relationship is with
24:47
the Burr's method, the Burr's method,
24:49
people go into a city
24:52
or suburban area and they'll buy
24:54
a house. For let's say 500,
24:56
000 bucks and
24:58
the investor person will put
25:00
all the money down for the entire down payment,
25:03
which is usually around 15 percent
25:05
something like that, and they will
25:08
co sign for the mortgage. So they were essentially
25:10
by the house. They get 50 percent
25:12
ownership of it. And then the manager.
25:14
which in this case would be us.
25:17
We would also take 50
25:19
percent ownership of it. And we would
25:21
be the ones that would manage the renovation
25:24
of it, manage putting a renter in it,
25:26
aka generating income off of it.
25:28
And then they wait like 10,
25:31
20 years for the market to go up. And
25:33
also for the value to go up from a little bit from the renovations.
25:36
And then they refinance it, take
25:38
the money out of the mortgage and then buy another
25:41
one and they keep doing that over and over again. So
25:43
we looked at that model and we tried to
25:45
just simply apply it to rural land. Which
25:48
actually makes a lot more sense from both sides,
25:50
because why would, why would an investor do
25:52
that with you? Why would a mortgage partner come in
25:54
and basically buy land for you and give
25:56
you ownership of it? Well, one
25:59
is because you're paying most of the mortgage. They're
26:01
just putting the down payment down up front. And then
26:03
over the next 30 years, you're paying the majority
26:05
of the mortgage. So that in and of itself
26:08
makes sense, but they're doing it also
26:10
for cashflow and equity. So
26:12
those two things When you compare
26:14
rural land to suburban
26:16
properties, they are way better
26:19
in both of those areas. So,
26:21
let's say, let's talk cash flow first. If
26:23
you go and buy
26:25
a suburban property, you either just
26:27
rent out the house, or maybe you have
26:29
a house and a suite in the basement or something,
26:32
so you get two renters in it. Well,
26:34
we have 160 acres, I could put a thousand
26:36
renters out here. The only reason you can't on
26:39
a suburban property is because you run out of space and
26:41
you're also not really supposed to be like, it's not like
26:43
you can grow enough carrots in your backyard to make a
26:45
profit, you know, whereas like I would hear
26:48
you could do anything. You could do dozens of different types of
26:50
farming. You could have goats or have
26:52
honey or, you know, like whatever,
26:55
like meat birds, like. Layers,
26:57
like whatever you like cattle, like, like
27:00
whatever you want, you could do like all
27:02
sorts of things. You can do land tours.
27:04
You can do Airbnb and short term rentals.
27:06
You can do storage. People just store their
27:08
stuff because they don't have anywhere else to put it. Like there's,
27:11
there's a million and one different things that you can do
27:13
out here that you simply can't do on
27:15
a suburban property. So your,
27:17
your cashflow capability, your cashflow
27:19
potential to make money on the land is massively
27:22
higher than suburban property. And
27:24
the second is equity. So We
27:27
actually know some people that flip rural land.
27:30
So what they do is they go in and they buy barren
27:32
land that has nothing on it. No well, anything.
27:34
And they pay like 20 grand to drill a
27:36
well. And they know how to do their research
27:39
to know if they're going to hit water or not, or
27:41
be like relatively sure you
27:43
can never be absolutely certain, but they're like.
27:45
Pretty sure they're going to hit water.
27:48
So they'll pay the 20 grand, they'll drill the well,
27:50
no pump in it, no pump house, literally
27:53
just a hole in the ground with a pipe in it and a cap
27:55
on it. That's it. And then they sell it for
27:57
a hundred thousand dollars more. So
27:59
that's a 5x return because
28:02
they just, they put 20k in and
28:04
that 20k made it worth 100, 000 more.
28:06
So that's five times what the investment
28:08
is well, what the money is that they put into
28:10
it. Whereas if you, if
28:13
you go into a suburban house and
28:15
you flip a suburban house they
28:18
pretty, what they're doing is they're taking
28:20
something from an eight
28:22
to a 10, right? They're taking a rundown
28:24
house and they're putting paint on it
28:26
and they're changing some you know, faucets
28:29
and like some cosmetics and they're, they're making
28:31
it nicer. So they're
28:33
not addressing any human needs. They're
28:35
usually just addressing human wants. They're just
28:38
making it nicer. So it's bringing
28:40
it from an eight to a 10. Whereas with rural
28:42
land, when you're starting with a barren piece of property,
28:44
you're taking it from a zero to an eight. So
28:47
you have way more points of value
28:49
to offer because right now there's
28:52
no, you can't, it's unusable. So
28:54
you're, you're, you're turning it into something
28:56
that is usable and you're getting
28:58
the water, you're getting the power, you're getting the
29:00
dwellings and structures so that it's
29:02
actually usable piece of property. So
29:04
because of that, if you go,
29:07
invest 1
29:09
into a renovation on a suburban place, you
29:11
probably get about 1. 30, 1. 50
29:14
out, whereas we get,
29:16
if you invest, you know, 1, we
29:19
probably get 5 out based
29:21
on that example with the well, so
29:23
you just get, you get a higher investment return
29:25
on the money that you actually invest into the infrastructure
29:28
on a barren piece of property than you do compared
29:30
to a suburban piece of property. So with
29:33
those two metrics, The Burr's
29:35
method of investing actually is
29:37
easier to get people more interested
29:40
in rural land than it is For
29:43
them to go buy a house in the city, which hundreds
29:45
of thousands of people do every
29:47
single day So if you if they're doing
29:49
that then you can definitely get somebody to help you
29:51
out with rural land And it's also a little
29:54
easier because I think it's just this dream right
29:56
like everybody Everybody would love to be able
29:58
to say that they have this cabin property that they can go,
30:00
you know, take their kids to or whatever, right?
30:02
And just escape to sometimes. And even,
30:05
and especially if they don't even like, if
30:07
they don't have to do the work and you're the one out there
30:09
doing the work and taking care of it and stuff,
30:11
like that's pretty sweet. That's a sweet deal.
30:13
So yeah. So that's, that's the other method.
30:16
And the third method is owner financing,
30:19
which is essentially what discount lots
30:21
does. But discount lots, for example,
30:24
they don't have all the land, right?
30:26
They only have a small like a,
30:30
what's it called? A category, a small catalog
30:32
of properties for you to choose from. But
30:34
you can actually go out and do it yourself. So
30:36
what you can do is you can use a software like PropStream.
30:39
There's other ones out there, but PropStream is
30:41
just a good example and a common example,
30:44
and it shows you all this crazy real estate
30:46
data. So it'll show you who bought a property,
30:48
how long they owned it, what they bought it for, what the mortgage
30:50
was, and it'll calculate whether or not they have a
30:52
mortgage anymore. So then you
30:54
can use that to find, you can narrow it down and
30:56
be like, okay, I'm going to look at. Properties
30:59
that have no mortgage on them at all. And
31:01
what you can do is you can then send a piece of mail
31:03
to that person. And sometimes
31:06
they actually get your, their email and phone number and
31:08
all sorts of stuff. So you could send
31:10
a piece of the mail's more, the most common
31:12
way of contacting them. You can send some mail
31:14
and you can basically say, write, write it, just
31:16
write it like a passionate letter of like,
31:19
here's what I want to do and why I want to do
31:21
it. Because these people, often
31:23
you find somebody who's in
31:25
a situation where they bought this land. 60
31:27
years ago for pennies on the dollar, they bought
31:29
it for like 20, 000. And now
31:32
it's worth like 500, 000. And
31:34
their kids don't want it. Their kids are living in the city.
31:37
Then you have black rock coming around trying to buy
31:39
up all these properties. And you know,
31:41
they don't want it to go to some conglomerate. They just want
31:43
a family to come and do something good with it.
31:45
They want somebody who actually cares and gives a shit
31:47
about the world and about the community.
31:50
So you find somebody like that. And
31:52
you, you do that by volume, you send out, not,
31:55
not 30 letters. You send out 300
31:57
letters, you send out a thousand letters if you have
31:59
to. And then you get replies back.
32:01
You get people calling you back and they say, yeah, I'd be
32:03
down. I'd be down to, to to do an owner
32:05
financing deal. And what that means is that there's no banks
32:07
involved. It means that you can negotiate.
32:10
A much lower down payment and oftentimes
32:12
no doubt or I should say sometimes no down
32:15
payment at all where you can basically
32:17
get in and you can do like a rent to own
32:19
where you just get in and you start paying a couple
32:21
grand a month and you get to live
32:23
on this property and build it out. And
32:26
the cool thing about that is then we help you cash
32:28
flow the property and generate income on it so
32:30
that the income on the land actually pays for the land.
32:33
Yeah that was a brilliant segue to my next question.
32:35
But before I get into that part, I, is
32:37
PropStream a U. S. based website
32:39
or a Canadian or both?
32:42
It is US based. I am
32:44
actually unsure if they do Canadian
32:46
stuff, but, uh, there's another
32:49
site. If, if somebody just Googled PropStream
32:51
alternatives in Canada, there's some
32:54
stuff that comes up. One of them, one of them has the word
32:56
red in it, like red line or something.
32:58
I don't know. It's red something. And that's,
33:00
that's like a Canadian alternative.
33:02
Okay. Awesome. Yeah. I think most
33:04
of my, my listeners are U. S., but I
33:06
do have a good number of Canadians. So I
33:08
just want to double check. So, okay. I love those
33:11
three options. And
33:13
that makes so much sense about the
33:16
flipping, sometimes being more lucrative
33:18
in the rural places than suburbia,
33:20
which I'd never thought of it like that, but it's super logical.
33:23
So I love that idea of how you
33:25
were talking of going from eight to 10 versus
33:27
zero to eight. It's a huge difference. So
33:29
that's a huge, huge paradigm shift for me
33:31
just to think of it in that way.
33:33
Sometimes you can stack those things too,
33:35
right? Like if you go and you find a good owner financing
33:38
deal and then you also find somebody interested
33:40
in coming up with a bit of money and helping you, you
33:42
know, be a partner in that then it's, it makes
33:44
it even better of a deal because you come to them
33:46
and say, Hey, look, I got a really good deal on this property
33:49
from somebody. Do you want to come in on it with me? You
33:51
know, we, we have an example of a client, FJ,
33:54
he's in Pennsylvania. He
33:56
started going out and he looked at dozens and dozens
33:58
and dozens of property. He looked at almost every property
34:01
in like his entire, I think it was either
34:03
his entire County. Like he was driving all over the place.
34:05
For 18 months, he almost gave up. Finally
34:08
he finds this one property that he thought wasn't
34:10
going to be the one, which is funny. Cause I actually
34:12
hear that quite a lot. Everyone just like doesn't
34:15
look at this one property. And then they finally do.
34:17
And they're like, This is it. And
34:19
he got in touch with the landowner,
34:21
which is really important. We always try
34:23
to get in touch with the landowner and encourage our clients
34:25
to because Things
34:28
like this happen. And what happened was
34:30
he just started talking and he told his
34:32
story. He told his story to the previous
34:35
owner. And it was just like what
34:37
his vision was for what he wanted to do with it.
34:39
She loved it so much. She reduced
34:41
the price by 400, 000.
34:44
Down, it was, I think it was like 1. 1 million down
34:46
to like 000 and
34:48
also gave them 200, 000
34:52
worth of heavy equipment, including a
34:54
bulldozer, a truck, a tractor, like
34:56
all sorts of stuff, ready to go full tool
34:58
shed already outfitted. So if you went
35:00
to somebody and said, Hey, look, I got
35:02
this really good deal. You want to go in on this
35:04
with me and use the Burs and layer the Burs
35:06
method on top of that to be able to get some help
35:08
into it, it makes it a better deal for everybody.
35:11
So. Telling your vision, telling your story
35:13
and connecting with people. Human to human is
35:15
a really big part of it. We see it all the time.
35:18
Like our clients always have really amazing,
35:20
cool stories and you never know who's out
35:22
there. You just got to start moving and start talking to people.
35:24
Yeah, taking that action. That's the key.
35:27
That's a cool story. So you, you alluded
35:29
a little bit to this idea of being able to bring
35:32
in cashflow from a property.
35:34
I know that's the dream for many of those in my audience,
35:37
many homesteaders. I see most of
35:39
my crew, their initial thought
35:41
is I'm going to get the homestead and I'm going to be
35:43
able to quit my nine to five from selling soap
35:45
and eggs. And I usually will
35:47
tell them, I love your drive,
35:49
but I don't think it's going to work like you think it's going
35:51
to work. So can you speak a little to that? I know
35:53
you have some really creative, you've already kind of hinted
35:55
at some of them, creative, unique ways to think
35:57
of making your land profitable, but maybe not
36:00
necessarily in the soap and egg realm.
36:02
Yeah. So we have I mean, I want
36:04
to go over a couple of different models here because there's some really cool
36:06
things that our clients are doing right now. Some
36:09
big things that would let you
36:11
retire for the rest of your life and
36:13
never work again. And then some like
36:15
more ongoing things that you can just continue
36:17
running. And a
36:20
big part of this, I'm going to go over two things.
36:22
First, we have a
36:24
saying, we just say treat it like a business. And
36:27
we don't say that from like a corporate
36:29
perspective of like, you know, hate
36:32
your job. No, you're not building
36:34
a job. You're building something. We, we
36:36
want to work with things that are highly automatable
36:38
so that we can automate them or near like
36:41
nearly automate them. It's never truly
36:43
automated. You still have to put a little bit of effort
36:45
in. But for example, we have some glamping
36:47
tents up. And after we built
36:49
them and rented them for a few months, we
36:51
then had live work exchange folks come in
36:54
and manage them for us. And
36:56
now we have, we have paid staff on
36:58
site that manage them for us. I haven't
37:00
touched those in, in like two and a half years.
37:03
Since we, since like, and we've only been, we're
37:05
going in on year, like three and a half.
37:08
So I touch them for like the first year. And after that, I haven't,
37:10
I haven't touched them at all. And they've just been
37:12
doing their thing. So
37:14
like, it's, it's, it's relatively very
37:16
automated, but sure. I've had to like do
37:18
a bit of management you know, probably an hour and a half,
37:21
two hours of management with the staff on site
37:23
a week. Which is pretty low for, you
37:25
know, what we're able to make with that. And
37:27
like order a mattress here and there, like, just
37:29
like, you know, random, random things. So that's what
37:31
I mean by like, I try to make it like
37:33
nearly automated. So we,
37:36
when we say treat it like a business, we really just
37:38
mean take it seriously. Because
37:40
a lot of people come into this like a fairy
37:43
tale fantasy, right? And we're just like,
37:45
if you don't plan, then you might
37:47
get completely screwed. Like
37:49
you have to treat this seriously
37:51
and like actually make decisions
37:54
appropriately and have systems for your decision
37:56
making process and go get advisors
37:59
that you can learn from before
38:01
you start. Like get them now,
38:03
start building a team now so that
38:05
you know who to talk to when something goes wrong.
38:08
Yeah, like there's, so what that starts
38:10
with is for one, getting
38:12
the plan out of your head onto paper so
38:15
that you can organize your thoughts. Because
38:17
if you can't organize your thoughts, then how are you
38:19
ever going to communicate your thoughts to anybody else?
38:22
And then, you know, then the next step is doing
38:24
exactly that is communicating your vision to somebody
38:26
else, because you're going to need help. You're always
38:28
going to need help, whether you need help with the money or not,
38:30
you're going to need help physically, you're going to need help to
38:33
attract, you know, other people to be a part of
38:35
this, unless you literally want to go build a cabin
38:37
and just sit in the forest by yourself, like then
38:39
you can totally do that. But yeah,
38:42
so one would be
38:44
taken seriously. And the next thing is
38:47
that we, like. Stepping
38:49
off of that is we use
38:51
a tool called cost benefit analysis,
38:53
and that's what we use to decide
38:56
on what we're going to do first. And
38:58
I say that specifically because it's not
39:00
what you're going to do. It's what
39:02
you're going to do first. And I
39:04
mean that you can do anything that you
39:07
want. You can sell soap, you can
39:09
sell eggs, but what
39:11
you do first matters. Because if you
39:13
start by selling soap. You
39:15
might never really get anywhere else,
39:17
and you might go bankrupt. So,
39:19
let's maybe sell what's best first.
39:22
And then we'll sell soap down
39:24
in the future when it makes more sense to do that.
39:27
So you know, for example, what that looks
39:29
like is in one column, you
39:31
would basically take a spreadsheet out or a sheet of
39:33
paper. And in the first column, you would write down
39:35
all of your ideas. So you want
39:37
to have eggs. You want to. Your
39:39
soap. You want to host the odd retreat.
39:42
You want to do some glamping rentals, put
39:44
up some glamping tents and rent those
39:46
out. You want to rent some space. If
39:48
you're doing that, you may as well rent some space out
39:50
for other people to host retreats because now you have the
39:52
infrastructure to do it. Maybe you want to.
39:54
Rent out some long term spots on your land for
39:56
people to park a tiny home and come
39:58
and have affordable housing. Maybe you want
40:00
to, you know, have honeybees. Maybe
40:03
you want to raise rabbits. Maybe you want like
40:05
you have cattle, like the farming
40:07
side, there's like dozens and dozens of things.
40:09
So like there's lots there. We have people with all
40:11
sorts of plans and ideas coming in.
40:14
So you list all of those out and
40:16
then in the next column, you, you list
40:18
the cost, just a general cost.
40:20
How much is it going to cost me to get this up and going?
40:23
not a
40:24
And then in the next column, you write down
40:26
how much money is this going to make me every
40:28
month or every year.
40:30
stipend that we use
40:31
And then you run a, you basically just run a ratio
40:33
on those two numbers, the input versus
40:36
the output. And you just start to
40:38
see like, if I, if I want
40:40
to build a farm, it's going to cost me a million
40:42
dollars to build this farm. And I'm going
40:44
to make 200 grand a year. Or
40:47
it's going to cost me 200 grand to
40:49
build some glamping rentals. And
40:52
it's going to make me 200 grand a year. So
40:55
which one, you know,
40:57
with farming, it's going to take you five years to
40:59
get paid back with glamping. It's going
41:01
to take you one. So there's your ratio.
41:04
There's your decision. You go with the one that
41:06
makes more money faster, and
41:08
then you can reinvest that money. Into
41:10
your farm because the other thing is not a lot of people
41:12
have a million dollars to build out the farm, right?
41:15
So if you do what is the
41:18
lowest cost first? It's the most effective
41:20
use of your funds and then you're able to reallocate
41:23
that faster and actually build
41:25
up more so maybe the first one is Glamping.
41:28
And then the second one is hosting some
41:30
retreats. And then the third one
41:32
is, you know, renting out space
41:34
for storage or some other events or something like
41:37
that. Now you have three forms of cash
41:39
flow and you're going to invest all of those into
41:42
having cattle. And then into having
41:44
like laying hens and then into having,
41:46
you know, what, whatever else it might be. And
41:49
it starts to compound because you go from
41:51
just one form of revenue to two to three,
41:53
and then it gets you to four or five, six, seven way
41:56
faster than anybody else. And, you
41:58
know, an example that I often use is that I
42:00
live rurally, I drive by neighbors. I drive by people
42:03
all the time, people that have been doing this for 30 years.
42:05
And they're, they're still, they're still at the very
42:07
beginning. They're, they're still
42:10
doing everything themselves and
42:12
it looks really hard. They're building everything.
42:14
They're managing all of their own animals. They're managing
42:17
all of the stuff that they're growing. They're doing
42:19
all the hay. They're like, they're out there just
42:21
like having a really rough go. They're doing all their own firewood.
42:24
It's a full time job. It's a, it's a, it
42:26
really is a full time job. And
42:29
we're up here and I can, I'm only in
42:31
year three. And we can come and go as we
42:33
please. We got our firewood ready,
42:35
you know, we got income coming in, we
42:37
got brand new tiny homes, we're not living
42:39
in a half torn down cabin, you know,
42:41
like things are comfortable,
42:43
and they're cruising along, and
42:45
that's the only reason for that is because
42:48
we use this cost benefit analysis
42:50
to be able to strategize what we do first.
42:52
And we're gonna do it all, and we're working on
42:54
doing it all, and we're You know, we have full time
42:57
permaculture consultant on site that works
42:59
with us to build out the farm. We
43:01
have heavy machinery. We're digging, we're digging a man
43:03
made lake right now. We're doing 35
43:06
ponds. Like we got big projects
43:08
going on. So not only has. Has
43:11
that allowed us to be more comfortable? But it's allowed
43:13
us to really shoot for that big grand
43:15
dream and that big vision that we really
43:17
want to hit
43:19
Yeah, absolutely. Yeah.
43:21
And one, another piece of that I think, cause I, I
43:23
think about that a lot with. especially
43:26
in the homestead world, kind of what you described
43:28
where there's people who've been doing it for 30 years, but they're still
43:31
managing all themselves. They're still struggling. It's
43:33
still a slog every day. I think,
43:35
I don't know if you see
43:37
it in your clients, but I see it in my audience. I think that
43:39
sometimes we as homesteaders, we put a badge
43:42
of honor. It's like, I'm going to DIY to
43:44
the death. And it's like, there's almost this
43:46
pride in like, my chores took four
43:48
hours. And I do it twice a day. And
43:51
when I see that, I'm like, I think we can create
43:53
leverage. So you're not like living in your
43:55
barn, doing chores your whole life. So, cause I want,
43:57
I want to see people be able to progress. Like you were talking
43:59
about, like we get this level figured out and then
44:01
we get to do the next thing and the next thing. But what
44:03
advice would you have to someone who's struggling with letting
44:06
go, with outsourcing, with I think
44:08
sometimes people keep their mindset, keeps them into that. Like
44:10
I kind of got to be the martyr of the barnyard.
44:12
Do you have any thoughts on that?
44:14
Yeah, I mean, I think there's I see
44:16
and the people that I talk to is a lot of fear
44:19
of getting help because
44:21
of just the horror stories that exist
44:23
when trying to get help and just
44:25
the lack of familiarity or experience
44:27
with running an effective
44:30
and enjoyable team. You know, for
44:32
every horror story that you hear, like the human
44:34
mind is just biased to negativity, right?
44:37
But for, but for every like negative experience,
44:39
there's, there's positive ones as well.
44:41
Like, I love my team. It's, it's like,
44:43
it feels like a very communal, it feels
44:45
like family up there. We all enjoy
44:47
it. Our team comes to us and says, when
44:49
I started working with you guys, I wanted
44:52
to do this on my own. My five year plan was to
44:54
go buy land next door and do it and do it on
44:56
my own. And they're like, now that I've been
44:58
here for a year, they're like, I don't ever want to leave.
45:00
I want to, I want to do this with you guys
45:02
because it's better together. Like
45:04
doing it together is just better for everybody
45:06
involved. So it's, it's a really
45:08
good experiences, enjoyable experience, and
45:10
it's an easier, easier time. But
45:13
people just need to learn the systems
45:15
on figuring out exactly how to do that.
45:17
So for us, we had a couple of phases
45:20
and the first phase was
45:22
live work exchange because we couldn't pay anybody.
45:24
We hadn't, we didn't have enough income at the time to
45:27
actually, to actually pay people. So
45:29
the live work exchange was a mandatory phase
45:31
because we needed the help very badly. But
45:35
if once you can get out of that phase,
45:38
I would much rather pay people because it's a
45:40
much easier relationship and you get better work
45:42
and you get full time work and all of that stuff.
45:44
So but live work exchange. Was
45:47
very easy to get and
45:49
basically we just you have to have like
45:52
a real hiring process a real Application
45:54
process for people and our application
45:57
process. I'm pretty proud of we have a lot
45:59
of really good people on our team We're pretty happy
46:01
with them. So With that, what we
46:03
do is we basically use
46:05
a Google form. It's free. Anybody can
46:07
do it in like five minutes. And
46:09
we ask two types of questions. The
46:11
first type of question is alignment questions.
46:14
And the second type of question is problem solving questions.
46:17
And alignment questions are just simple things like,
46:19
you know, if you could recommend three books to,
46:22
that you think everybody in the world should read, what
46:24
would those be? And you know, just
46:26
a few little things like that, where you start to like,
46:28
just see what they're like, like personality wise,
46:30
or like, you know, asking about their upbringing, what was your
46:32
upbringing like, you know, just whatever that
46:35
kind of stuff. Like you can really see what someone's interested
46:37
in. And if you would like to hang out with that person
46:40
on a regular basis that's pretty much all
46:42
that's for now. The really important part
46:44
is the problem solving side. Now there's
46:46
two sides of this. I'll give a direct example. This
46:48
is a real example from our property. So.
46:51
We want to use the
46:53
application. To get people
46:55
to think through real life
46:58
scenarios on our property to see what they would actually
47:00
do before they ever even show up on site
47:02
or even know where we live. So
47:04
uh, one question on
47:06
ours for a general caretaker on the property
47:09
was, okay, there's
47:11
a big tree that's
47:14
dead. And it's, it's a hazard
47:16
to people cause it could fall over at any time. So
47:19
we need to take it down, lay out the
47:21
steps for exactly what you would do
47:23
and, and why you would do that. And
47:25
then you get all sorts of different answers where you get
47:27
one person's like. I take the chain. So
47:30
I go cut it down. Another person
47:32
says I would get a chain
47:34
or a rope and I would bring
47:37
the machine over and I would pull it to one
47:39
side to make sure it's going to fall safely to one
47:41
side. And then I'm going to, you know, take
47:43
it down. And then I'm going to buck it up
47:45
and I'm going to make, I'm going to
47:47
mill some of it and we can use that
47:49
lumber. And then I'm going to chop
47:51
some of it up for you know, firewood
47:54
for the larger stoves. And then I'm also going to chop
47:56
some of the limbs up for firewood for the mini stoves
47:58
in the tiny homes. And then everything else
48:00
I'm going to put, I'm going to turn into mulch, or we're going to turn
48:02
that into compost. So who has better
48:04
experience between those two examples? Like it's,
48:06
it's a, it's abundantly obvious
48:08
who has more experience in that and just who
48:11
can think through things more. And
48:13
that's just the beginning. So that's step one of problem solving.
48:15
Step two is we don't hire
48:17
people who we have to hold their hand. We
48:20
hire people who can problem solve on
48:22
their own and create systems behind
48:24
them. So the next one with
48:26
the next question is now that
48:29
you've done that in your head,
48:31
you've now you've taken this tree down in your head. Now
48:34
pretend that we had a live work exchange
48:36
person living on site and they were working
48:38
under you and you needed to
48:40
train them to do this task. create
48:43
a training system in a step
48:45
by step list to train this person
48:48
or tell us what your training system would
48:50
look like. And then
48:52
they basically build a training system
48:55
for the next person. And what that,
48:57
what that forces them to do is it forces
48:59
them to think through their own actions. It
49:01
forces them to actually create a system out
49:03
of it that they can communicate to somebody
49:06
else, which means that they're an effective communicator.
49:08
It means they can lead others and it means
49:10
they can create a system behind them so
49:12
that if they ever leave, Then you
49:14
have all this system. You have a training there.
49:17
You're basically having somebody create your own
49:19
internal training so that the next time we hire
49:21
a caretaker. Well, we just give
49:23
them this training before they even show up. And now there's,
49:25
they're trained on all the things that we do on our property.
49:28
So that's, that's an example of
49:31
a simple application process. That
49:33
that, that we've done. And a big thing
49:35
we have is people say, how do you find people?
49:38
Finding people is easy. It's how do you find
49:40
the right people? How do you filter those people
49:42
out? If you want to find people, what
49:44
we did is we went on Facebook marketplace. And
49:47
we posted up a photo of a trailer just
49:49
on our lot. And we said, this could
49:51
be you. You come live here.
49:53
You bring your own house, because we don't, we can't afford
49:55
to pay for houses for people yet. You bring your
49:57
own house and you
50:00
basically live for free. And
50:02
and you get to, you just work
50:04
for a few hours a day kind of thing. And
50:07
that was our LiveWorker exchange program. And
50:09
when we did that, we got like 600
50:11
applicants in like three weeks. I had to take
50:14
the post down because I was getting like super overwhelmed
50:16
by everybody messaging me. So there's
50:18
a really easy way to go get a bunch of free applicants
50:20
without having to advertise for a job posting
50:22
or anything. People love it. And we
50:24
had lots of like qualified people.
50:27
Yeah, we had people that had ran like full provincial
50:29
parks and campgrounds for like 35
50:31
years with like crazy outback
50:33
experience and stuff and like professional
50:36
red seal tradesmen, like people, like actually
50:39
skilled people.
50:41
That's incredible. I love what I see so much.
50:43
I think it's from your entrepreneurial experience before
50:45
you started this. You're bringing some of those business systems
50:47
into this world, which is often sorely
50:49
lacking, but it's, I think it's why you've been so successful
50:52
because it makes a big difference and it can
50:54
be so simple and obvious, you know, like hire
50:56
people who don't need their handheld, but sometimes in
50:58
these other worlds, people who aren't used
51:00
to that business atmosphere, it's, it's a revelation.
51:03
I know it was for me when we started, you know, a decade
51:05
ago, so. It's, it's good stuff, it's simple,
51:07
but it's not always obvious when
51:09
we're in this, coming into this for the first time.
51:12
Yeah, another really good one. Just like a couple
51:14
tips for people. One is,
51:16
we never use residential rental agreements. We
51:18
always use commercial lease agreements. Residential
51:20
rental agreements can they're kind of scary
51:23
a little bit. People are often scared of having
51:25
people on their land because they think they'll never leave.
51:27
And it's because residential rental agreements
51:30
actually give the renter more rights than
51:32
you have to your own land. Whereas
51:35
commercial lease agreements, you can kindly and respectfully
51:37
ask that person to leave at any time
51:39
for whatever reason. So that's
51:42
why we do that. And then another
51:44
one is a, is a, how we manage
51:46
people after they're hired is really big. The
51:49
system that we use is called EOS. The book
51:51
is called, What the Heck is EOS? It's
51:53
called the Entrepreneurial Operating System.
51:56
And it lays out everything for you
51:58
and everything for your staff. So the book
52:00
in and of itself is a little training book.
52:02
It's about this big. It's just a little book. And
52:05
when you have somebody join you, the first
52:07
thing you do is you order one of these books and you give
52:09
it to them. And they read it and the book
52:11
trains them. So you don't have to, the
52:13
book tells them exactly how to communicate
52:16
with you and why it's better to do it
52:18
like that. And all sorts of stuff. It's,
52:20
it's really, really, really, really good. And that's
52:22
how we manage our team in a couple hours
52:24
a week. We do a one and a half hour
52:26
meeting on every, every Monday morning.
52:29
So everybody knows what they're doing for the week. And
52:31
we do like. 10 minute huddles every
52:33
morning. So everybody knows what they're doing for the day.
52:36
And eventually you can level out of that
52:38
and have a team leader that's running those daily meetings.
52:41
And it covers things like, what
52:43
do you go over in the meeting? It covers things like,
52:45
what do people do when they have a problem? They
52:48
just ping your cell phone. They just call you or
52:50
they yell at you or they come and knock on your door.
52:52
So you're constantly just getting pissed off and getting negative,
52:54
shitty news all the time from your staff that are just
52:56
like, it's stupid. So with,
52:59
with EOS, there's something called an issues
53:01
list. So you never talk to me about
53:03
an issue, unless it's urgent, unless
53:05
it's absolutely urgent, like the farm's going to burn down
53:08
right now, or somebody died, or somebody
53:10
got seriously injured. Like, basically,
53:13
if you have an issue, you put it on the issues
53:15
list, and then you shut up about it, and
53:17
then we talk about it on Monday, and
53:19
every Monday, then we calmly
53:21
and concisely go over
53:23
the issues in the issues list, and,
53:26
and everything, every issue you put.
53:28
Needs to come with three possible
53:30
solutions. If you don't put
53:33
a solution in there, we will not
53:35
cover the issue and you're fired. That's,
53:38
I really like that.
53:40
because, because everybody just, basically
53:43
we have like a zero complaint rule. There's
53:45
no, no complaining allowed ever. And
53:47
if you bring us an issue without a solution,
53:50
it counts as a complaint. So you
53:52
have to think about a solution first and
53:54
oftentimes when the people actually get in that
53:56
mindset, they've already solved it
53:59
Yep, yep. I
54:01
like that we have a, in addition to everything
54:03
else we do, we have a small restaurant
54:05
that is a long story, but
54:07
Oh, that's super
54:08
yeah, it's cool and crazy, but
54:11
this week, especially, we've been just having lots of staff
54:13
stuff happening and I'm just like, I'm like,
54:16
I need to get this book, like yesterday, because I
54:18
think that some of this would be helpful just with not
54:20
pinging my cell phone every time. small.
54:24
That's, that's key. So I'm going to go get that book. That's an
54:26
excellent recommendation. But yeah, good
54:28
for any team, whether you're a restaurant team, a homestead team,
54:30
a farm team. I think that's great advice.
54:33
Yeah, and and honestly Like
54:35
our feedback from our team is huge
54:37
because everybody felt really unorganized before
54:40
So it's not only for you, it's like, it's literally
54:42
for everybody. Like everybody feels so
54:44
much better and so much more organized because when
54:46
they don't know what to do, you frustrate
54:49
your staff, you frustrate your team. And everybody's
54:51
running around getting pissed off at each other and nobody knows
54:53
why. And it's like, you know, so with
54:56
this, it's like, everybody loves it. And
54:58
people really enjoy the working environment. And
55:00
then it becomes fun. Like that's, that, that's
55:02
the difference between having like a stressful
55:04
team and like actually having fun with your
55:06
job and with your day to day.
55:08
Yes. I think, yeah, that piece of, like you said,
55:11
it's amazing when they just don't, when the staff doesn't
55:13
know. Just the simplest thing they don't know can
55:15
throw everyone into a tizzy. I've learned that the hard way. It's,
55:18
it's fascinating human nature. So yeah, good,
55:20
good skills to learn. I think people's skills are
55:22
always good to learn, but they're hard to
55:25
grasp sometimes.
55:26
Yeah,
55:27
So I just realized we're rolling up
55:29
on time. I know you have a lot going on, so I want to be respectful
55:32
of this amazing hour you've allotted us.
55:34
I think my, my question, just to wrap
55:36
this up, I feel like we could go for a whole nother hour cause you
55:38
are a wealth of knowledge. I love how your brain works.
55:41
I love the systems and how you move through
55:43
what you do. And we're going to talk about in just
55:45
a second about how people can continue to
55:47
connect with all your incredible frameworks
55:49
and systems and content. But just
55:52
to put a, a nice little bow on
55:54
it, what do you think is the biggest mistake,
55:56
the number one biggest mistake that people make
55:59
when they're coming into buying land, finding land,
56:02
making income from land, what do you see as like the pitfall
56:05
that just gets people time and time again?
56:07
not making a plan. If people
56:10
talk about it, but they don't know what to do.
56:13
So I'll just give everybody the first step right now.
56:15
You, you make a plan. The first step is
56:17
you make a plan because if it's vague
56:19
for you and you don't know what that next step is,
56:22
then you won't take it. And then you'll never
56:24
live the lifestyle that you want and it'll forever
56:26
live in the back of your head as a dream. So
56:29
take that and put it down on paper. And
56:31
what that looks like, the three elements of that
56:33
is a pitch deck, financial projections, and
56:35
a business plan. The business plan, I actually
56:38
don't really give a shit about. You could just do the pitch and financials
56:40
the pitch day between the two, like. A
56:42
business plan is basically a summary of
56:45
a pitch deck and your financial projections. And
56:49
now I know that sounds businessy,
56:51
but like, I, I tried to think this
56:53
through, like I'm a hippie at heart. I
56:55
just happened to like, have have
56:57
had business experience. And not really
56:59
corporate. It's always just been my my own thing.
57:01
But I've tried to look for other tools
57:04
and I can't find them. So why
57:06
reinvent the wheel? These are tools that
57:08
people have been using to organize information,
57:11
and that's all I'm doing with them. So
57:13
and we offer a business plan package
57:15
where this where it's our exact business
57:17
plan that we used to get funded
57:20
to get the land to execute our vision
57:22
with all the real numbers from our actual
57:24
project in it. And it's all pre
57:26
filled out. So you can just make tweaks
57:28
and edit it and like punch your own numbers in and stuff.
57:31
So people want that. We have that available, but
57:33
yeah, I mean, essentially when you do that and
57:36
you start running that, the financials is
57:38
really like, what are the costs going to be?
57:40
And when are you going to spend that money? And when
57:42
are you going to do the things that you say you're going to do?
57:45
And the, and the pitch is like the communication
57:47
side. The pitch is kind of like, what
57:49
do you want it to visually look like? It's kind of like a
57:51
vision board, but also with a little
57:53
bit more detail in it. What do you want it to look
57:56
like? What do you want to do with it? And
57:58
that vision is key because it helps you start
58:00
to tell your story because a lot of people
58:03
like don't really know exactly what to say to others.
58:05
But when you do that, you'll get in the habit
58:07
of curating your story in a way
58:09
that makes sense, not just to you, but to other
58:11
people. And that's when it, that's
58:13
when all the magic starts happening. Because when you communicate
58:16
that other people are understanding you, other
58:18
people want to help you, and then you start to
58:20
build a team and actually start to move forward. So
58:22
I would say biggest mistake for that I
58:24
see people make is just simply. Not
58:26
getting their thoughts down on paper.
58:29
I agree. Yep. So, moral
58:31
of the story, y'all. Make a plan. Put it
58:33
on paper. Simple, but
58:35
important. Okay. I like it. That's a good action
58:37
item for people to take away. So how
58:40
can people get more of
58:42
the amazing systems that you have created?
58:45
Cause you have a lot. I was looking through your
58:47
stack of offerings before
58:49
we got on the call and it's impressive what you've created. So kind
58:51
of give us a bird's eye view and where can people enter
58:53
into that? Cause there's a lot there.
58:56
Yeah, yeah, so we have like our flagship program,
58:58
which includes pretty much everything.
59:01
Like it's it's everything from, you know, building
59:03
your plan, to yeah, finding
59:05
land, to assessing the property, to
59:07
raising the funds to buy it, to generating income
59:10
on it. To designing it once
59:12
you're on it to structural stuff
59:14
and infrastructure and how to save money on
59:16
solar power and structures and all
59:18
the rest. Machinery equipment like
59:21
food growth, like all sorts of stuff. So
59:24
everything's in that and That's
59:26
that program right now is 397 with,
59:29
we do offer payment plans as low as like 77
59:32
where, and if you can't afford that, let us know, like, we're
59:34
just here to help people out. And then we
59:36
do have a VIP group as well. If you wanted
59:38
like more like to actually talk to me,
59:40
you can talk to me twice a month on that. It's
59:42
relatively affordable as well. I think it's like somewhere
59:45
around like 67 a month or like 600
59:47
a year or something like that. So yeah,
59:50
those are, those are the options for the main course, but I
59:52
really think a good starting point for people, if
59:54
they don't want to, you know, spend that
59:56
much is we have a book, we call it our
59:58
strategy handbook. And we,
1:00:00
we built that to talk about
1:00:02
a lot of the strategy we talked about on this call today,
1:00:04
but there's, there's more. So I think there's about 50 chapters
1:00:07
in that. It's a small, quick read. And
1:00:10
it's there to basically get
1:00:12
you inspired and get your, get
1:00:14
your brain turning. Get your ideas flowing
1:00:17
to make you realize that this is possible
1:00:19
for you and give you options on how
1:00:21
this is possible and how you can actually take action
1:00:23
to get there. And that book, we have a free
1:00:26
plus shipping offers so you can get digital
1:00:28
copy or you can get a physical copy shipped to your door.
1:00:31
And that's a great way to just kind of get introduced to,
1:00:33
to what we do and how we can help you out.
1:00:35
Awesome. And we're going to have that link down in the show notes
1:00:37
for you guys to grab that
1:00:39
strategy book and that will help you connect
1:00:41
with Jamie and their incredible.
1:00:45
Cause you guys have gone above and beyond.
1:00:47
I actually have seen, I think I've seen your
1:00:49
ads for, for a long time. And then
1:00:51
when I had one of your team members reach out, I'm like,
1:00:53
Oh, you're those guys cause you're, you're marketing
1:00:56
is brilliant and it's relatable
1:00:58
and authentic. And so I instantly knew who you were. So
1:01:00
well done. I appreciate a good marketing
1:01:03
campaign.
1:01:04
Thank you. I appreciate that. Yeah, we
1:01:07
yeah, you're not just marketing fluff either. You're marketing
1:01:09
something that's substantial and real. And that's, I think
1:01:11
what makes it so good.
1:01:13
thank you. I appreciate that. Yeah. Yeah. I
1:01:15
love your stuff. Thank you for hosting Today
1:01:18
and for everything that you're providing for everybody
1:01:21
Absolutely. Yeah. My pleasure. Well, thank
1:01:23
you again for joining me and sharing so much of your brilliance.
1:01:25
And I can't wait for my audience to connect with you
1:01:27
more throughout your various content paths.
1:01:30
So yeah. Thank you again for being here
1:01:32
and y'all we'll catch up with you on the
1:01:34
next episode of the old fashioned on purpose podcast.
1:01:37
beautiful
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