Bigger Cash Flow Podcast 068: Investing in Land Development Projects w/ Neil Goradia

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Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 068

Title: Investing in Land Development Projects w/ Neil Goradia

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Show notes:

Today on the show we have Neil Goradia, CEO of Go Indy Real Estate. Neil is an experienced real estate developer, purchasing and brokering hundreds of Single Family, Multi-unit, and Commercial deals in Indianapolis. With a background in Mechanical Engineering from Purdue University, he began acquiring rental properties with Co-Workers after reading the little purple book, Rich Dad Poor Dad.

Fast forward to 2014, he was able to live off his rental income and quit his W2 to work on his Real Estate business full-time. He has developed 73 lots spanning across 40 acres and is in the process of working on a 137 lot project.

On this episode you'll learn:

  • Neil’s background and how he got started in real estate

  • How networking landed Neil a large portfolio deal

  • Neil’s transition into Land Development

  • Whey Neil has gone into land development

  • The typical sellers of land parcels

  • How Neil is financing some of these deals

  • Besides Land Developments how Neil generates his cashflow

  • Neil’s future goals short and long term

  • Advice for new investors

Contact Info:

Facebook: https://www.facebook.com/neil.goradia

LinkedIn: https://www.linkedin.com/in/neil-goradia-22140a4